Eversource Energy

Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
10,000
Ticker
ES
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Eversource Energy is a prominent electric and natural gas utility company serving customers across multiple states in the northeastern United States. It primarily focuses on the distribution and trans...

Eversource Energy's GHG Emissions Data Preview

In 2023, Eversource Energy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Eversource Energy has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Eversource Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Eversource Energy amounted to 558,920 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Eversource Energy decreased by 9.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Eversource Energy's Scope 1 Emissions Over Time

201820192020202120222023055 k110 k165 k220 ktCO2e-12%-1%-2%-3%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Eversource Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Eversource Energy were 158,122 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Eversource Energy reduced its Scope 1 emissions over time?

Since 2018, Eversource Energy's Scope 1 emissions have decreased by 24%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Eversource Energy's Scope 1 emissions decreased by 7.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Eversource Energy's Scope 2 emissions?

In 2023, Eversource Energy reported Scope 2 greenhouse gas (GHG) emissions of 400,798 tCOâ‚‚e using the market-based method.

Has Eversource Energy reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Eversource Energy's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Eversource Energy 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Eversource Energy use for Scope 2 reporting?

In 2023, Eversource Energy reported its Scope 2 emissions using the market-based method.

Eversource Energy's Scope 2 Emissions Over Time

2018201920202021202220230200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Eversource Energy's Value Chain Emissions

In 2023, Eversource Energy reported 26,930,790 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Eversource Energy includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Eversource Energy's Scope 3 Emissions Over Time

201820192020202307 M14 M21 M28 MtCO2e-3%-14%+63%
  • Total Scope 3
  • Year-over-Year Change

What are Eversource Energy's Scope 3 emissions?

In 2023, Eversource Energy reported total Scope 3 emissions of 26,930,790 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 65.28% of these emissions originated from upstream activities such as purchased goods and capital goods, while 34.72% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Eversource Energy reduced its Scope 3 emissions over time?

Since 2018, Eversource Energy's Scope 3 emissions have increased by 36.99%, reflecting a rising long-term trend in Scope 3 emissions over time.

What categories of Scope 3 emissions does Eversource Energy disclose?

In 2023, Eversource Energy reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Eversource Energy's Scope 3 emissions?

In 2023, the largest contributors to Eversource Energy's Scope 3 emissions were:

  • Fuel- and Energy-Related Services (Cat. 3): 16,140,378 tCOâ‚‚e (59.93%)
  • Use of Sold Products (Cat. 11): 9,050,700 tCOâ‚‚e (33.61%)
  • Purchased Goods and Services (Cat. 1): 1,248,933 tCOâ‚‚e (4.64%)

Eversource Energy's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(4.6%)Fuel- andEnergy-RelatedServices (Cat. 3)(59.9%)Use of Sold Products(Cat. 11)(33.6%)

Insights into Eversource Energy's Total Carbon Footprint

In 2023, Eversource Energy reported a total carbon footprint of 27,489,710 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4,363.22% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Eversource Energy's total carbon footprint was Scope 3 emissions, accounting for 97.97% of the company's total carbon footprint, followed by Scope 2 emissions at 1.46%.

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