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NiSource Inc

Common Name
NiSource
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
7,687
Ticker
NI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
NiSource Inc. is a leading fully regulated utility company specializing in the distribution of natural gas and electric energy across six U.S. states, including Indiana, Kentucky, Ohio, Pennsylvania, ...

NiSource's GHG Emissions Data Preview

In 2024, 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)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of NiSource’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind NiSource’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 NiSource’s data sources below and access millions more through our Disclosure Search.

a. NiSource's CDP Climate sourced from company’s website 2025
b. NiSource's ESG Report 2024
c. NiSource's ESG Data Spreadsheet 2020

Insights into NiSource's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of NiSource amounted to 5,493,328 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 NiSource decreased by 1.06%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

NiSource's Scope 1 Emissions Over Time

20192020202120222023202403 M6 M9 M12 MtCO2e-28%+14%-22%-15%-1%
  • Total Scope 1
  • Year-over-Year Change

What are NiSource's Scope 1 emissions?

In 2024, the total Scope 1 emissions of NiSource were 5,446,186 metric tons of CO₂ equivalent (tCO₂e).a

Has NiSource reduced its Scope 1 emissions over time?

Since 2019, NiSource's Scope 1 emissions have decreased by 46.25%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year (2023), NiSource's Scope 1 emissions remained relatively stable, indicating that NiSource's emissions have plateaued with no significant change in its operational footprint.ab

What are NiSource's Scope 2 emissions?

In 2024, NiSource reported Scope 2 greenhouse gas (GHG) emissions of 47,142 tCO₂e using the location-based method.a

Has NiSource reduced its Scope 2 emissions over time?

Compared to the previous year (2023), NiSource's Scope 2 emissions (Location-Based) fell by 21.14% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does NiSource use for Scope 2 reporting?

In 2024, NiSource reported its Scope 2 emissions using the location-based method.a

NiSource's Scope 2 Emissions Over Time

201920202021202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into NiSource's Value Chain Emissions

In 2024, NiSource reported 12,603,571 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 NiSource includes a breakdown across 2 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

NiSource's Scope 3 Emissions Over Time

201920202021202220232024015 M30 M45 M60 MtCO2e+1395%+5%+2%-5%-76%
  • Total Scope 3
  • Year-over-Year Change

What are NiSource's Scope 3 emissions?

In 2024, NiSource reported total Scope 3 emissions of 12,603,571 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 31.01% of these emissions originated from upstream activities such as purchased goods and capital goods, while 68.99% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has NiSource reduced its Scope 3 emissions over time?

Since 2019, NiSource's Scope 3 emissions have increased by 267.53%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), NiSource's Scope 3 emissions decreased by 75.84%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does NiSource disclose?

In 2024, 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 2024, the largest contributors to NiSource's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 8,694,755 tCO₂e (68.99%)
  • Fuel- and Energy-Related Services (Cat. 3): 3,908,816 tCO₂e (31.01%)

NiSource's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(69.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(31.0%)

Insights into NiSource’s GHG Emissions Intensity Compared to Industry Peers

In 2024, NiSource reported Scope 1 greenhouse gas (GHG) emissions of 5,446,186 tCO₂e and total revenues of USD 5,455 millions. This translates into an emissions intensity of 998.37 tCO₂e per millions USD.a

NiSource's Scope 1 Emissions Intensity Compared to Peers

5,000100,0002,000,00020,000,000500,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)CBPortland General ElectricYear: 2024Scope 1: 6,412,964 tCO2eRevenue: $M 3,440Scope 1 Intensity: 1,864.23 tCO2e/$MPinnacle West CapitalYear: 2024Scope 1: 10,975,406 tCO2eRevenue: $M 5,125Scope 1 Intensity: 2,141.58 tCO2e/$MCCConsumers EnergyYear: 2023Scope 1: 12,482,384 tCO2eRevenue: $M 7,166Scope 1 Intensity: 1,741.89 tCO2e/$MSouthwest Gas HoldingsYear: 2024Scope 1: 379,165 tCO2eRevenue: $M 5,112Scope 1 Intensity: 74.17 tCO2e/$MChesapeake UtilitiesYear: 2023Scope 1: 192,505 tCO2eRevenue: $M 671Scope 1 Intensity: 287.06 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MSpireYear: 2024Scope 1: 368,254 tCO2eRevenue: $M 2,593Scope 1 Intensity: 142.02 tCO2e/$MAtmos EnergyYear: 2023Scope 1: 156,162 tCO2eRevenue: $M 4,275Scope 1 Intensity: 36.53 tCO2e/$MMDU Resources GroupYear: 2024Scope 1: 1,872,208 tCO2eRevenue: $M 1,758Scope 1 Intensity: 1,064.98 tCO2e/$MBBBrookfield InfrastructureYear: 2024Scope 1: 2,100,000 tCO2eRevenue: $M 3,666Scope 1 Intensity: 572.83 tCO2e/$MAlliant EnergyYear: 2024Scope 1: 13,121,958 tCO2eRevenue: $M 3,981Scope 1 Intensity: 3,296.15 tCO2e/$MUGIYear: 2024Scope 1: 1,024,385 tCO2eRevenue: $M 7,210Scope 1 Intensity: 142.08 tCO2e/$MNorthwest Natural HoldingYear: 2023Scope 1: 101,298 tCO2eRevenue: $M 1,197Scope 1 Intensity: 84.59 tCO2e/$MSempraYear: 2024Scope 1: 6,700,000 tCO2eRevenue: $M 13,185Scope 1 Intensity: 508.15 tCO2e/$MAvistaYear: 2023Scope 1: 3,035,164 tCO2eRevenue: $M 1,752Scope 1 Intensity: 1,732.84 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MBlack HillsYear: 2024Scope 1: 4,500,012 tCO2eRevenue: $M 2,128Scope 1 Intensity: 2,114.97 tCO2e/$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: $M 3,220Scope 1 Intensity: 1,354.49 tCO2e/$MNew Jersey ResourcesYear: 2024Scope 1: 49,466 tCO2eRevenue: $M 1,797Scope 1 Intensity: 27.53 tCO2e/$MClearway EnergyYear: 2023Scope 1: 540,000 tCO2eRevenue: $M 1,314Scope 1 Intensity: 410.96 tCO2e/$MONE GasYear: 2024Scope 1: 892,747 tCO2eRevenue: $M 2,084Scope 1 Intensity: 428.47 tCO2e/$MAESYear: 2024Scope 1: 27,779,000 tCO2eRevenue: $M 12,278Scope 1 Intensity: 2,262.50 tCO2e/$MVistraYear: 2024Scope 1: 86,194,601 tCO2eRevenue: $M 17,224Scope 1 Intensity: 5,004.33 tCO2e/$MNiSourceYear: 2024Scope 1: 5,446,186 tCO2eRevenue: $M 5,455Scope 1 Intensity: 998.37 tCO2e/$M

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

In 2024, NiSource reported a Scope 1 emissions intensity of 998.37 tCO₂e per millions USD. Compared to the peer group median of 1,064.98, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does NiSource rank on GHG emissions intensity within its industry?

In 2024, NiSource ranked 13 out of 25 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 2024, NiSource reported a total carbon footprint of 18,096,899 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 68.64% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to NiSource's total carbon footprint was Scope 3 emissions, accounting for 69.64% of the company's total carbon footprint, followed by Scope 1 emissions at 30.09%.a

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