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Nextera Energy Inc

Common Name
Nextera Energy
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
17,400
Ticker
NEE
Exchange
New York Stock Exchange
Description
NextEra Energy, Inc. is a utility and energy infrastructure company that generates, transmits, distributes, and sells electricity across North America. Its operations are centered on Florida Power & L...

Nextera Energy's GHG Emissions Data Preview

In 2024, Nextera 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).

However, Nextera Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
43,409,916.37a
42,278,597b
41,985,979c
Total Scope 2
Market-Based
25,603a
16,300b
14,006c
Location-Based
24,559.89a
15,879b
14,409c
Total Scope 3
65,222.95a
2,671,312b
3,106,396c
Total Scope 1 Revenue Intensity (tCO2e/$M)
1,753.7234a
1,503.8272b
2,003.5302c
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Verified Sources Behind Nextera 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 Nextera Energy’s data sources below and access millions more through our Disclosure Search.

a. Nextera Energy's SASB index 2024
b. Nextera Energy's Sustainability Report 2024
c. Nextera Energy's Sustainability Report 2023
d. Nextera Energy's CDP Climate sourced from company’s website 2023
e. Nextera Energy's ESG Report 2020

Insights into Nextera Energy's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Nextera Energy amounted to 43,434,476.26 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Nextera Energy increased by 2.7%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Nextera Energy's Scope 1 Emissions Over Time

201920202021202220232024015 M30 M45 M60 MtCO2e-5%-1%-2%+1%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Nextera Energy's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Nextera Energy were 43,409,916.37 metric tons of CO₂ equivalent (tCO₂e).a

Has Nextera Energy reduced its Scope 1 emissions over time?

Since 2019, Nextera Energy's Scope 1 emissions have decreased by 4.9%, reflecting a declining long-term trend in Scope 1 emissions over time.ae

Compared to the previous year (2023), Nextera Energy's Scope 1 emissions increased by 2.68%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Nextera Energy's Scope 2 emissions?

In 2024, Nextera Energy reported Scope 2 greenhouse gas (GHG) emissions of 25,603 tCO₂e using the market-based method and 24,559.89 tCO₂e using the location-based method.a

Has Nextera Energy reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Nextera Energy's Scope 2 emissions (Location-Based) rose by 54.67% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Nextera Energy use for Scope 2 reporting?

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

Nextera Energy's Scope 2 Emissions Over Time

2020202120222023202406.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nextera Energy's Value Chain Emissions

In 2024, Nextera Energy reported 65,222.95 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Nextera Energy includes a breakdown across 0 of 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

Nextera Energy's Scope 3 Emissions Over Time

202020212022202320240800 k1.6 M2.4 M3.2 MtCO2e+10%+30%-14%-98%
  • Total Scope 3
  • Year-over-Year Change

What are Nextera Energy's Scope 3 emissions?

In 2024, Nextera Energy reported total Scope 3 emissions of 65,222.95 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), Nextera Energy's Scope 3 emissions decreased by 97.56%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

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

In 2024, Nextera Energy reported Scope 1 greenhouse gas (GHG) emissions of 43,409,916.37 tCO₂e and total revenues of USD 24,753 millions. This translates into an emissions intensity of 1,753.72 tCO₂e per millions USD.a

Nextera Energy's Scope 1 Emissions Intensity Compared to Peers

10,000200,0002,000,00050,000,000500,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,000100,000Revenues (Millions of USD)IdacorpYear: 2024Scope 1: 4,130,000 tCO2eRevenue: $M 1,827Scope 1 Intensity: 2,260.99 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MPinnacle West CapitalYear: 2024Scope 1: 10,975,406 tCO2eRevenue: $M 5,125Scope 1 Intensity: 2,141.58 tCO2e/$MAvangridYear: 2023Scope 1: 1,636,499 tCO2eRevenue: $M 8,309Scope 1 Intensity: 196.96 tCO2e/$MAlliant EnergyYear: 2024Scope 1: 13,121,958 tCO2eRevenue: $M 3,981Scope 1 Intensity: 3,296.15 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MCMS EnergyYear: 2024Scope 1: 18,450,920 tCO2eRevenue: $M 7,515Scope 1 Intensity: 2,455.21 tCO2e/$MPPLYear: 2024Scope 1: 26,663,140 tCO2eRevenue: $M 8,462Scope 1 Intensity: 3,150.93 tCO2e/$MCenterPoint EnergyYear: 2023Scope 1: 5,170,862 tCO2eRevenue: $M 8,696Scope 1 Intensity: 594.63 tCO2e/$MAmerenYear: 2023Scope 1: 19,883,180 tCO2eRevenue: $M 7,500Scope 1 Intensity: 2,651.09 tCO2e/$MWEC Energy GroupYear: 2024Scope 1: 19,060,000 tCO2eRevenue: $M 8,600Scope 1 Intensity: 2,216.30 tCO2e/$MPSEGYear: 2024Scope 1: 581,556 tCO2eRevenue: $M 10,290Scope 1 Intensity: 56.52 tCO2e/$MEntergyYear: 2024Scope 1: 43,184,692 tCO2eRevenue: $M 11,880Scope 1 Intensity: 3,635.18 tCO2e/$MFirstEnergyYear: 2024Scope 1: 14,018,734 tCO2eRevenue: $M 13,472Scope 1 Intensity: 1,040.58 tCO2e/$MEversource EnergyYear: 2024Scope 1: 153,699 tCO2eRevenue: $M 11,901Scope 1 Intensity: 12.92 tCO2e/$MEdison InternationalYear: 2024Scope 1: 1,100,000 tCO2eRevenue: $M 17,599Scope 1 Intensity: 62.50 tCO2e/$MDTE EnergyYear: 2024Scope 1: 24,216,000 tCO2eRevenue: $M 12,457Scope 1 Intensity: 1,943.97 tCO2e/$MPG&EYear: 2023Scope 1: 3,730,000 tCO2eRevenue: $M 24,428Scope 1 Intensity: 152.69 tCO2e/$MConsolidated EdisonYear: 2024Scope 1: 2,587,000 tCO2eRevenue: $M 15,256Scope 1 Intensity: 169.57 tCO2e/$MExelonYear: 2024Scope 1: 434,000 tCO2eRevenue: $M 23,028Scope 1 Intensity: 18.85 tCO2e/$MXcel EnergyYear: 2024Scope 1: 32,660,000 tCO2eRevenue: $M 13,441Scope 1 Intensity: 2,429.88 tCO2e/$MDominion EnergyYear: 2024Scope 1: 31,862,016 tCO2eRevenue: $M 14,459Scope 1 Intensity: 2,203.61 tCO2e/$MAmerican Electric PowerYear: 2024Scope 1: 46,900,437 tCO2eRevenue: $M 19,721Scope 1 Intensity: 2,378.16 tCO2e/$MDuke EnergyYear: 2024Scope 1: 79,147,000 tCO2eRevenue: $M 30,357Scope 1 Intensity: 2,607.21 tCO2e/$MSouthernYear: 2024Scope 1: 79,253,082 tCO2eRevenue: $M 26,724Scope 1 Intensity: 2,965.61 tCO2e/$MNextera EnergyYear: 2024Scope 1: 43,409,916 tCO2eRevenue: $M 24,753Scope 1 Intensity: 1,753.72 tCO2e/$M

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

In 2024, Nextera Energy reported a Scope 1 emissions intensity of 1,753.72 tCO₂e per millions USD. Compared to the peer group median of 2,216.3, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Nextera Energy ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Nextera Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Nextera Energy's Total Carbon Footprint

In 2024, Nextera Energy reported a total carbon footprint of 43,499,699.21 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.26% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Nextera Energy's total carbon footprint was Scope 1 emissions, accounting for 99.79% of the company's total carbon footprint, followed by Scope 3 emissions at 0.15%.a

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