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Eversource Energy

Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
10,680
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 2024, 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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a
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0000000
Total Scope 2
Market-Based
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b
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b
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b
0000000
Location-Based
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b
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b
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b
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Eversource Energy’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Eversource Energy’s data sources below and access millions more through our Disclosure Search.

a. Eversource Energy's Sustainability Report 2024
a. Eversource Energy's Sustainability Report 2024
b. Eversource Energy's Climate Action Plan 2024
b. Eversource Energy's Climate Action Plan 2024
c. Eversource Energy's CDP Climate sourced from company’s website 2019
c. Eversource Energy's CDP Climate sourced from company’s website 2019

Insights into Eversource Energy's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofEversource Energy amounted to563,320metric 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).ab

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Eversource Energyincreased by 0.85%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Eversource Energy's Scope 1 Emissions Over Time

2018201920202021202220232024055 k110 k165 k220 ktCO2e-11%-1%-2%-3%-8%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Eversource Energy's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Eversource Energy were 153,699 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Eversource Energy reduced its Scope 1 emissions over time?

Since 2018, Eversource Energy's Scope 1 emissions have decreased by 25.51%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Eversource Energy's Scope 1 emissions decreased by 2.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Eversource Energy's Scope 2 emissions?

In 2024, Eversource Energy reported Scope 2 greenhouse gas (GHG) emissions of 409,721 tCOâ‚‚e using the market-based method and 409,621 tCOâ‚‚e using the location-based method.b

Has Eversource Energy reduced its Scope 2 emissions over time?

Since 2018, Eversource Energy's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 30.61%, reflecting a declining long-term trend in Scope 2 emissions over time.b

Compared to the previous year(2023), Eversource Energy's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Eversource Energy's emissions have plateaued with no significant change in its energy consumption footprint.b

What methodology does Eversource Energy use for Scope 2 reporting?

In 2024, Eversource Energy reported its Scope 2 emissions using the market-based method and using the location-based method.b

Eversource Energy's Scope 2 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Eversource Energy's Value Chain Emissions

In 2024, Eversource Energy reported 27,454,481 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Eversource Energy includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Eversource Energy's Scope 3 Emissions Over Time

20182019202020222023202407.5 M15 M22.5 M30 MtCO2e-3%-14%+75%-6%+2%
  • Total Scope 3
  • Year-over-Year Change

What are Eversource Energy's Scope 3 emissions?

In 2024, Eversource Energy reported total Scope 3 emissions of 27,454,481 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 64.88%of these emissions originated from upstream activities such as purchased goods and capital goods, while 35.12%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Eversource Energy reduced its Scope 3 emissions over time?

Since 2018, Eversource Energy's Scope 3 emissionshave increased by 39.65%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), Eversource Energy's Scope 3 emissions remained relatively stable, indicating that Eversource Energy's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Eversource Energy disclose?

In 2024, Eversource Energy reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

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 2024, the largest contributors to Eversource Energy's Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 16,762,467 tCOâ‚‚e(61.06%)
  • Use of Sold Products (Cat. 11): 9,472,454 tCOâ‚‚e(34.5%)
  • Purchased Goods and Services (Cat. 1): 506,852 tCOâ‚‚e(1.85%)

Eversource Energy's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(61.1%)Purchased Goods andServices (Cat. 1)(1.8%)Use of Sold Products(Cat. 11)(34.5%)

Insights into Eversource Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Eversource Energy reported Scope 1 greenhouse gas (GHG) emissions of 153,699 tCOâ‚‚e and total revenues of USD 11,901 millions. This translates into an emissions intensity of 12.92 tCOâ‚‚e per millions USD.a

Eversource Energy's Scope 1 Emissions Intensity Compared to Peers

10,000200,0002,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)CTEntergyYear: 2024Scope 1: 43,184,692 tCO2eRevenue: $M 11,880Scope 1 Intensity: 3,635.18 tCO2e/$MPinnacle West CapitalYear: 2024Scope 1: 10,975,406 tCO2eRevenue: $M 5,125Scope 1 Intensity: 2,141.58 tCO2e/$MAmerican Electric PowerYear: 2024Scope 1: 46,900,437 tCO2eRevenue: $M 19,721Scope 1 Intensity: 2,378.16 tCO2e/$MExelonYear: 2024Scope 1: 434,000 tCO2eRevenue: $M 23,028Scope 1 Intensity: 18.85 tCO2e/$MCMS EnergyYear: 2024Scope 1: 18,450,920 tCO2eRevenue: $M 7,515Scope 1 Intensity: 2,455.21 tCO2e/$MAmerenYear: 2023Scope 1: 19,883,180 tCO2eRevenue: $M 7,500Scope 1 Intensity: 2,651.09 tCO2e/$MCCConsumers EnergyYear: 2023Scope 1: 12,482,384 tCO2eRevenue: $M 7,166Scope 1 Intensity: 1,741.89 tCO2e/$MConsolidated EdisonYear: 2024Scope 1: 2,587,000 tCO2eRevenue: $M 15,256Scope 1 Intensity: 169.57 tCO2e/$MDTE EnergyYear: 2024Scope 1: 24,216,000 tCO2eRevenue: $M 12,457Scope 1 Intensity: 1,943.97 tCO2e/$MEdison InternationalYear: 2024Scope 1: 1,100,000 tCO2eRevenue: $M 17,599Scope 1 Intensity: 62.50 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MCenterPoint EnergyYear: 2023Scope 1: 5,170,862 tCO2eRevenue: $M 8,696Scope 1 Intensity: 594.63 tCO2e/$MFirstEnergyYear: 2024Scope 1: 14,018,734 tCO2eRevenue: $M 13,472Scope 1 Intensity: 1,040.58 tCO2e/$MAlliant EnergyYear: 2024Scope 1: 13,121,958 tCO2eRevenue: $M 3,981Scope 1 Intensity: 3,296.15 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MPPLYear: 2024Scope 1: 26,663,140 tCO2eRevenue: $M 8,462Scope 1 Intensity: 3,150.93 tCO2e/$MMGE EnergyYear: 2023Scope 1: 1,637,171 tCO2eRevenue: $M 690Scope 1 Intensity: 2,371.23 tCO2e/$MNextera EnergyYear: 2024Scope 1: 43,409,916 tCO2eRevenue: $M 24,753Scope 1 Intensity: 1,753.72 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MDominion EnergyYear: 2024Scope 1: 31,862,016 tCO2eRevenue: $M 14,459Scope 1 Intensity: 2,203.61 tCO2e/$MPSEGYear: 2024Scope 1: 581,556 tCO2eRevenue: $M 10,290Scope 1 Intensity: 56.52 tCO2e/$MHawaiian Electric IndustriesYear: 2024Scope 1: 4,361,243 tCO2eRevenue: $M 3,220Scope 1 Intensity: 1,354.49 tCO2e/$MXcel EnergyYear: 2024Scope 1: 32,660,000 tCO2eRevenue: $M 13,441Scope 1 Intensity: 2,429.88 tCO2e/$MEversource EnergyYear: 2024Scope 1: 153,699 tCO2eRevenue: $M 11,901Scope 1 Intensity: 12.92 tCO2e/$M

How does Eversource Energy's GHG emissions intensity compare to its peers?

In 2024, Eversource Energy reported a Scope 1 emissions intensity of 12.92 tCOâ‚‚e per millions USD. Compared to the peer group median of 2,153.56, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Eversource Energy rank on GHG emissions intensity within its industry?

In 2024, Eversource Energy ranked 1 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Eversource Energy among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Eversource Energy's Total Carbon Footprint

In 2024, Eversource Energy reported a total carbon footprint of 28,017,801 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.92% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Eversource Energy's total carbon footprint was Scope 3 emissions, accounting for 97.99% of the company's total carbon footprint, followed by Scope 2 emissions at 1.46%.ab

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