In 2023, OGE 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) and Scope 3 (indirect emissions across the value chain).
OGE Energy has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Scope 1 | 9,040,683a | 9,968,607a | 12,589,369a | |
Total Scope 2 | ||||
Location-Based | N/A | 121,000b | 152,739c | |
Total Scope 3 | 8,094,718a | 8,621,264a | 5,782,563a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 3,380.5792a | 2,953.0488a | 3,445.6493a |
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In 2023, the total operational greenhouse gas (GHG) emissions of OGE Energy amounted to 9,040,683 metric tons of CO2 equivalent. This figure reflects direct emissions from owned or controlled sources (Scope 1).a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of OGE Energy decreased by 10.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2023, the total Scope 1 emissions of OGE Energy were 9,040,683 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, OGE Energy's Scope 1 emissions have decreased by 28.19%, reflecting a declining long-term trend in Scope 1 emissions over time.ad
Compared to the previous year (2022), OGE Energy's Scope 1 emissions decreased by 9.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2023, OGE Energy reported 8,094,718 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 OGE Energy includes a breakdown across 1 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
In 2023, OGE Energy reported total Scope 3 emissions of 8,094,718 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, OGE Energy's Scope 3 emissions have increased by 26.62%, reflecting a rising long-term trend in Scope 3 emissions over time.ae
Compared to the previous year (2022), OGE Energy's Scope 3 emissions remained relatively stable, indicating that OGE Energy's emissions have plateaued with no significant change in its value chain footprint.a
In 2023, OGE Energy reported emissions for 1 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.
In 2023, the largest contributors to OGE Energy's Scope 3 emissions were:a
In 2023, OGE Energy reported Scope 1 greenhouse gas (GHG) emissions of 9,040,683 tCO₂e and total revenues of USD 2,674 millions. This translates into an emissions intensity of 3,380.58 tCO₂e per millions USD.a
In 2023, OGE Energy reported a Scope 1 emissions intensity of 3,380.58 tCO₂e per millions USD. Compared to the peer group median of 1,864.23, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2023, OGE Energy ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places OGE Energy among the least efficient performers, with one of the highest emissions intensities in its sector.a