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 prominent energy holding company primarily focused on the distribution and transmission of natural gas and electricity. The company operates through regulated utility subsidiaries, ...

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)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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).

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.

NiSource's Scope 1 Emissions Over Time

20182019202020212022202303.5 M7 M10.5 M14 MtCO2e-19%-28%+14%-22%-15%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are NiSource's Scope 2 emissions?

In 2023, NiSource reported Scope 2 greenhouse gas (GHG) emissions of 59,780 tCOâ‚‚e using the location-based method.

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.

What methodology does NiSource use for Scope 2 reporting?

In 2023, NiSource reported its Scope 2 emissions using the location-based method.

NiSource's Scope 2 Emissions Over Time

201820192020202120222023025 k50 k75 k100 ktCO2e
  • 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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

NiSource's Scope 3 Emissions Over Time

201820192020202120222023015 M30 M45 M60 MtCO2e+19%+1395%+5%+2%-5%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

  • Use of Sold Products (Cat. 11): 47,614,975 tCOâ‚‚e (91.29%)
  • Fuel- and Energy-Related Services (Cat. 3): 4,545,304 tCOâ‚‚e (8.71%)

NiSource's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(8.7%)Use of Sold Products(Cat. 11)(91.3%)

Insights into NiSource's Total Carbon Footprint

In 2023, NiSource reported a total carbon footprint of 57,712,338 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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