NiSource Inc
NiSource's GHG Emissions Data Preview
In 2023, NiSource 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).
NiSource has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind NiSource’s Greenhouse Gas (GHG) Emissions Data
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Insights into NiSource's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of NiSource amounted to 5,552,059 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 2022, the total operational greenhouse gas (GHG) emissions of NiSource decreased by 14.83%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
NiSource's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are NiSource's Scope 1 emissions?
In 2023, the total Scope 1 emissions of NiSource were 5,492,279 metric tons of CO₂ equivalent (tCO₂e). a
Has NiSource reduced its Scope 1 emissions over time?
Since 2018, NiSource's Scope 1 emissions have decreased by 56.09%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), NiSource's Scope 1 emissions decreased by 14.75%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are NiSource's Scope 2 emissions?
In 2023, NiSource reported Scope 2 greenhouse gas (GHG) emissions of 59,780 tCO₂e using the location-based method. a
Has NiSource reduced its Scope 2 emissions over time?
Compared to the previous year (2022), NiSource's Scope 2 emissions (Location-Based) fell by 21.94% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does NiSource use for Scope 2 reporting?
In 2023, NiSource reported its Scope 2 emissions using the location-based method. a
NiSource's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into NiSource's Value Chain Emissions
In 2023, NiSource reported 52,160,279 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 2023 disclosure of NiSource includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
NiSource's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are NiSource's Scope 3 emissions?
In 2023, NiSource reported total Scope 3 emissions of 52,160,279 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 8.71% of these emissions originated from upstream activities such as purchased goods and capital goods, while 91.29% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has NiSource reduced its Scope 3 emissions over time?
Since 2018, NiSource's Scope 3 emissions have increased by 1,703.45%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), NiSource's Scope 3 emissions remained relatively stable, indicating that NiSource 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does NiSource disclose?
In 2023, NiSource reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of NiSource's Scope 3 emissions?
In 2023, the largest contributors to NiSource's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 47,614,975 tCO₂e (91.29%)
- Fuel- and Energy-Related Services (Cat. 3): 4,545,304 tCO₂e (8.71%)
NiSource's Scope 3 Emissions by Categories
Insights into NiSource’s GHG Emissions Intensity Compared to Industry Peers
In 2023, NiSource reported Scope 1 greenhouse gas (GHG) emissions of 5,492,279 tCO₂e and total revenues of USD 5,505 millions. This translates into an emissions intensity of 997.62 tCO₂e per millions USD. a
NiSource's Scope 1 Emissions Intensity Compared to Peers
How does NiSource's GHG emissions intensity compare to its peers?
In 2023, NiSource reported a Scope 1 emissions intensity of 997.62 tCO₂e per millions USD. Compared to the peer group median of 397.57, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does NiSource rank on GHG emissions intensity within its industry?
In 2023, NiSource ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
NiSource is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into NiSource's Total Carbon Footprint
In 2023, NiSource reported a total carbon footprint of 57,712,338 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.64% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to NiSource's total carbon footprint was Scope 3 emissions, accounting for 90.38% of the company's total carbon footprint, followed by Scope 1 emissions at 9.52%. a