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Geo Group Inc

Common Name
Geo Group
Country
United States
Sector
Industrials
Industry
Security & Protection Services
Employees
19,000
Ticker
GEO
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
The Geo Group, Inc. is a leading diversified government services company specializing in the provision of correctional, detention, and residential treatment services. Its primary function is to design...

Geo Group's Energy Data Preview

In 2023, Geo Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Geo Group disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2023202220212020-2019
Total Energy Consumption
1,736,046a
1,685,936a
1,752,490a
Non-Renewable Energy Consumption
1,695,406a
1,645,660a
1,749,990a
Renewable Energy Consumption
40,640a
40,276a
2,500a
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Verified Sources Behind Geo Group’s Energy Management 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.

a. Geo Group's ESG Report 2023

Insights into Geo Group's Energy Renewability

In 2023, Geo Group consumed a total of 1.74 million Gigajoules of energy across its operations. Of this total, 2.34% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 97.66% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Geo Group's Energy Renewability Rate

2%

How much of Geo Group's energy consumed is renewable?

In 2023, Geo Group consumed a total of 1.74 million Gigajoules of energy, of which 2.34% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Geo Group has considerable room to improve its energy sustainability strategy.

Are Geo Group's energy practices becoming more sustainable?

Since 2021, Geo Group's total energy consumption remained relatively stable, but increased by 2.97% in 2023, which may reflect a short-term uptick in operational activity or energy demand.a

Over the same period, the share of renewable energy increased by 1,541%, but declined by 2.01% in 2023, suggesting recent volatility or sourcing constraints.a

Overall, Geo Group’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Geo Group's Renewable vs Non-renewable Energy Over Time

1.92 M924.99 k75.01 k1.92 MGigajoules (GJ)20232022202198%98%100%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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