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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 GHG Emissions Data Preview

In 2024, Pinnacle West Capital 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).

Pinnacle West Capital has also provided a category-level breakdown for 7 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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a
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b
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c
0000000
Total Scope 2
Market-Based
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a
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b
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c
0000000
Location-Based
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a
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b
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c
0000000
Total Scope 3
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a
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b
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c
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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c
0000000
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Verified Sources Behind Pinnacle West Capital’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 Pinnacle West Capital’s data sources below and access millions more through our Disclosure Search.

a. Pinnacle West Capital's CDP Report sourced from company’s website 2025
a. Pinnacle West Capital's CDP Report sourced from company’s website 2025
b. Pinnacle West Capital's CDP Climate sourced from company’s website 2024
b. Pinnacle West Capital's CDP Climate sourced from company’s website 2024
c. Pinnacle West Capital's CDP Climate sourced from company’s website 2023
c. Pinnacle West Capital's CDP Climate sourced from company’s website 2023
d. Pinnacle West Capital's CDP Climate sourced from company’s website 2018
d. Pinnacle West Capital's CDP Climate sourced from company’s website 2018

Insights into Pinnacle West Capital's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofPinnacle West Capital amounted to11,152,177.59metric 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 Pinnacle West Capitalincreased by 3.33%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Pinnacle West Capital's Scope 1 Emissions Over Time

201820192020202120222023202403.5 M7 M10.5 M14 MtCO2e+2%-8%+1%+12%-16%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Pinnacle West Capital's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Pinnacle West Capital were 10,975,406.28 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Pinnacle West Capital reduced its Scope 1 emissions over time?

Since 2018, Pinnacle West Capital's Scope 1 emissions have decreased by 8.6%, reflecting a declining long-term trend in Scope 1 emissions over time.ad

Compared to the previous year(2023), Pinnacle West Capital's Scope 1 emissions increased by 3.27%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Pinnacle West Capital's Scope 2 emissions?

In 2024, Pinnacle West Capital reported Scope 2 greenhouse gas (GHG) emissions of 158,087.4 tCOâ‚‚e using the market-based method and 176,771.31 tCOâ‚‚e using the location-based method.a

Has Pinnacle West Capital reduced its Scope 2 emissions over time?

Since 2018, Pinnacle West Capital's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 1,168.09%, reflecting a rising long-term trend in Scope 2 emissions over time.ad

Compared to the previous year(2023), Pinnacle West Capital's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Pinnacle West Capital's emissions have plateaued with no significant change in its energy consumption footprint.ab

What methodology does Pinnacle West Capital use for Scope 2 reporting?

In 2024, Pinnacle West Capital reported its Scope 2 emissions using the market-based method and using the location-based method.a

Pinnacle West Capital's Scope 2 Emissions Over Time

2018201920202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Pinnacle West Capital's Value Chain Emissions

In 2024, Pinnacle West Capital reported 1,686.34 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Pinnacle West Capital includes a breakdown across 1of the 15 Scope 3 categories defined by the GHG Protocol,down from 6 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Pinnacle West Capital's Scope 3 Emissions Over Time

201820192020202120222023202403 M6 M9 M12 MtCO2e+43%-81%+49%-4%-11%-100%
  • Total Scope 3
  • Year-over-Year Change

What are Pinnacle West Capital's Scope 3 emissions?

In 2024, Pinnacle West Capital reported total Scope 3 emissions of 1,686.34 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

Has Pinnacle West Capital reduced its Scope 3 emissions over time?

Since 2018, Pinnacle West Capital's Scope 3 emissionshave decreased by 99.98%, reflecting a declining long-term trend in Scope 3 emissions over time.ad

Compared to the previous year (2023), Pinnacle West Capital's Scope 3 emissions decreased by 99.93%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Pinnacle West Capital disclose?

In 2024, Pinnacle West Capital 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.

What are the main sources of Pinnacle West Capital's Scope 3 emissions?

In 2024, the largest contributors to Pinnacle West Capital's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 1,686.34 tCOâ‚‚e(100%)

Pinnacle West Capital's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Pinnacle West Capital’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Pinnacle West Capital reported Scope 1 greenhouse gas (GHG) emissions of 10,975,406.28 tCOâ‚‚e and total revenues of USD 5,125 millions. This translates into an emissions intensity of 2,141.58 tCOâ‚‚e per millions USD.a

Pinnacle West Capital's Scope 1 Emissions Intensity Compared to Peers

10,000200,0002,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)CTPortland General ElectricYear: 2024Scope 1: 6,412,964 tCO2eRevenue: $M 3,440Scope 1 Intensity: 1,864.23 tCO2e/$MAmerican Electric PowerYear: 2024Scope 1: 46,900,437 tCO2eRevenue: $M 19,721Scope 1 Intensity: 2,378.16 tCO2e/$MExelonYear: 2024Scope 1: 434,000 tCO2eRevenue: $M 23,028Scope 1 Intensity: 18.85 tCO2e/$MCMS EnergyYear: 2024Scope 1: 18,450,920 tCO2eRevenue: $M 7,515Scope 1 Intensity: 2,455.21 tCO2e/$MAmerenYear: 2023Scope 1: 19,883,180 tCO2eRevenue: $M 7,500Scope 1 Intensity: 2,651.09 tCO2e/$MCCConsumers EnergyYear: 2023Scope 1: 12,482,384 tCO2eRevenue: $M 7,166Scope 1 Intensity: 1,741.89 tCO2e/$MConsolidated EdisonYear: 2024Scope 1: 2,587,000 tCO2eRevenue: $M 15,256Scope 1 Intensity: 169.57 tCO2e/$MDTE EnergyYear: 2024Scope 1: 24,216,000 tCO2eRevenue: $M 12,457Scope 1 Intensity: 1,943.97 tCO2e/$MEdison InternationalYear: 2024Scope 1: 1,100,000 tCO2eRevenue: $M 17,599Scope 1 Intensity: 62.50 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MCenterPoint EnergyYear: 2023Scope 1: 5,170,862 tCO2eRevenue: $M 8,696Scope 1 Intensity: 594.63 tCO2e/$MFirstEnergyYear: 2024Scope 1: 14,018,734 tCO2eRevenue: $M 13,472Scope 1 Intensity: 1,040.58 tCO2e/$MAlliant EnergyYear: 2024Scope 1: 13,121,958 tCO2eRevenue: $M 3,981Scope 1 Intensity: 3,296.15 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MPPLYear: 2024Scope 1: 26,663,140 tCO2eRevenue: $M 8,462Scope 1 Intensity: 3,150.93 tCO2e/$MMGE EnergyYear: 2023Scope 1: 1,637,171 tCO2eRevenue: $M 690Scope 1 Intensity: 2,371.23 tCO2e/$MNextera EnergyYear: 2024Scope 1: 43,409,916 tCO2eRevenue: $M 24,753Scope 1 Intensity: 1,753.72 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$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: $M 3,220Scope 1 Intensity: 1,354.49 tCO2e/$MXcel EnergyYear: 2024Scope 1: 32,660,000 tCO2eRevenue: $M 13,441Scope 1 Intensity: 2,429.88 tCO2e/$MIdacorpYear: 2024Scope 1: 4,130,000 tCO2eRevenue: $M 1,827Scope 1 Intensity: 2,260.99 tCO2e/$MEversource EnergyYear: 2024Scope 1: 153,699 tCO2eRevenue: $M 11,901Scope 1 Intensity: 12.92 tCO2e/$MPinnacle West CapitalYear: 2024Scope 1: 10,975,406 tCO2eRevenue: $M 5,125Scope 1 Intensity: 2,141.58 tCO2e/$M

How does Pinnacle West Capital's GHG emissions intensity compare to its peers?

In 2024, Pinnacle West Capital reported a Scope 1 emissions intensity of 2,141.58 tCOâ‚‚e per millions USD. Compared to the peer group median of 2,048.76, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Pinnacle West Capital rank on GHG emissions intensity within its industry?

In 2024, Pinnacle West Capital ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Pinnacle West Capital is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Pinnacle West Capital's Total Carbon Footprint

In 2024, Pinnacle West Capital reported a total carbon footprint of 11,153,863.93 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.31% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Pinnacle West Capital's total carbon footprint was Scope 1 emissions, accounting for 98.4% of the company's total carbon footprint, followed by Scope 2 emissions at 1.58%.a

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