Pinnacle West Capital Corp

Common Name
Pinnacle West Capital
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
6,403
Ticker
PNW
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Pinnacle West Capital Corporation is a prominent utility holding company based in Phoenix, Arizona. Its primary function is to provide regulated electricity services through its principal subsidiary, ...

Pinnacle West Capital's Climate Target Data Preview

As of 2024, Pinnacle West Capital has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Pinnacle West Capital ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2032
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Pinnacle West Capital’s Climate Targets Data

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a. Pinnacle West Capital's CDP Climate sourced from company’s website 2024
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Insights into Pinnacle West Capital's Greenhouse Gas Emissions Pathways

As of 2024, Pinnacle West Capital has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Pinnacle West Capital have a target to reduce the emissions from its operations?

As of 2024, Pinnacle West Capital has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Pinnacle West Capital's most ambitious operational target is to reduce these emissions by 100% by 2050, compared to a baseline of 16,684,055 Metric Tonnes of CO2 equivalent (mtCO2e) in 2005. a

As of 2023, Pinnacle West Capital is lagging behind on its operational emissions reduction target, having achieved 35.31% of the planned reduction. a

Pinnacle West Capital's Operational (Scope 1+2) Emissions Pathway

200520232032205004.5 M9 M13.5 M18 MBaselineCurrent (-35%)Target 2032 (-70%)Target 2050 (-100%)
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