Portland General Electric Co

Common Name
Portland General Electric
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
2,915
Ticker
POR
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Portland General Electric Co. is a publicly traded energy company focused on generating and delivering electricity to the regional population of Oregon. As an electric utility, its core function is to...

Portland General Electric's GHG Emissions Data Preview

In 2023, Portland General Electric 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).

Portland General Electric 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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b
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Location-Based
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b
0000000
Total Scope 3
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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Verified Sources Behind Portland General Electric’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 Portland General Electric’s data sources below and access millions more through our Disclosure Search.

a. Portland General Electric's ESG Report 2023
a. Portland General Electric's ESG Report 2023
b. Portland General Electric's ESG Report 2021
b. Portland General Electric's ESG Report 2021
c. Portland General Electric's ESG Report 2020
c. Portland General Electric's ESG Report 2020

Insights into Portland General Electric's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Portland General Electric amounted to 6,883,992 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 2021, the total operational greenhouse gas (GHG) emissions of Portland General Electric increased by 16.48%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Portland General Electric's Scope 1 Emissions Over Time

20202021202303.5 M7 M10.5 M14 MtCO2e-56%+17%
  • Total Scope 1
  • Year-over-Year Change

What are Portland General Electric's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Portland General Electric were 6,843,029 metric tons of CO₂ equivalent (tCO₂e). a

Has Portland General Electric reduced its Scope 1 emissions over time?

Since 2020, Portland General Electric's Scope 1 emissions have decreased by 48.37%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2021), Portland General Electric's Scope 1 emissions increased by 16.78%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Portland General Electric's Scope 2 emissions?

In 2023, Portland General Electric reported Scope 2 greenhouse gas (GHG) emissions of 40,749 tCO₂e using the market-based method and 40,963 tCO₂e using the location-based method. a

Has Portland General Electric reduced its Scope 2 emissions over time?

Compared to the previous year (2021), Portland General Electric's Scope 2 emissions (Location-Based) fell by 18.41% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b

What methodology does Portland General Electric use for Scope 2 reporting?

In 2023, Portland General Electric reported its Scope 2 emissions using the market-based method and using the location-based method. a

Portland General Electric's Scope 2 Emissions Over Time

20212023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Portland General Electric's Value Chain Emissions

In 2023, Portland General Electric reported 2,292,474 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 Portland General Electric includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Portland General Electric's Scope 3 Emissions Over Time

202120230600 k1.2 M1.8 M2.4 MtCO2e+6%
  • Total Scope 3
  • Year-over-Year Change

What are Portland General Electric's Scope 3 emissions?

In 2023, Portland General Electric reported total Scope 3 emissions of 2,292,474 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

Compared to the previous year (2021), Portland General Electric's Scope 3 emissions remained relatively stable, indicating that Portland General Electric 's emissions have plateaued with no significant change in its value chain footprint. a b

What categories of Scope 3 emissions does Portland General Electric disclose?

In 2023, Portland General Electric 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 Portland General Electric's Scope 3 emissions?

In 2023, the largest contributors to Portland General Electric's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 2,292,474 tCO₂e (100%)

Portland General Electric's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(100.0%)

Insights into Portland General Electric’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Portland General Electric reported Scope 1 greenhouse gas (GHG) emissions of 6,843,029 tCO₂e and total revenues of USD 2,923 millions. This translates into an emissions intensity of 2,341.1 tCO₂e per millions USD. a

Portland General Electric's Scope 1 Emissions Intensity Compared to Peers

10,000200,0002,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)CTPinnacle West CapitalYear: 2023Scope 1: 10,628,383 tCO2eRevenue: $M 4,696Scope 1 Intensity: 2,263.29 tCO2e/$MAmerican Electric PowerYear: 2023Scope 1: 44,453,919 tCO2eRevenue: $M 18,982Scope 1 Intensity: 2,341.86 tCO2e/$MExelonYear: 2024Scope 1: 434,000 tCO2eRevenue: $M 23,028Scope 1 Intensity: 18.85 tCO2e/$MCMS EnergyYear: 2023Scope 1: 16,083,829 tCO2eRevenue: $M 7,462Scope 1 Intensity: 2,155.43 tCO2e/$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: 2023Scope 1: 2,676,000 tCO2eRevenue: $M 14,663Scope 1 Intensity: 182.50 tCO2e/$MDTE EnergyYear: 2023Scope 1: 22,631,000 tCO2eRevenue: $M 12,745Scope 1 Intensity: 1,775.68 tCO2e/$MEdison InternationalYear: 2023Scope 1: 1,200,000 tCO2eRevenue: $M 16,338Scope 1 Intensity: 73.45 tCO2e/$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: 2023Scope 1: 15,206,375 tCO2eRevenue: $M 12,870Scope 1 Intensity: 1,181.54 tCO2e/$MAlliant EnergyYear: 2023Scope 1: 13,631,273 tCO2eRevenue: $M 4,027Scope 1 Intensity: 3,384.97 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MPPLYear: 2023Scope 1: 25,291,849 tCO2eRevenue: $M 8,312Scope 1 Intensity: 3,042.81 tCO2e/$MMGE EnergyYear: 2023Scope 1: 1,637,171 tCO2eRevenue: $M 690Scope 1 Intensity: 2,371.23 tCO2e/$MNextera EnergyYear: 2023Scope 1: 42,278,597 tCO2eRevenue: $M 28,114Scope 1 Intensity: 1,503.83 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MDominion EnergyYear: 2023Scope 1: 29,500,000 tCO2eRevenue: $M 14,393Scope 1 Intensity: 2,049.61 tCO2e/$MPSEGYear: 2023Scope 1: 549,002 tCO2eRevenue: $M 11,237Scope 1 Intensity: 48.86 tCO2e/$MHawaiian Electric IndustriesYear: 2023Scope 1: 4,418,816 tCO2eRevenue: $M 3,682Scope 1 Intensity: 1,200.06 tCO2e/$MXcel EnergyYear: 2023Scope 1: 36,180,000 tCO2eRevenue: $M 14,206Scope 1 Intensity: 2,546.81 tCO2e/$MIdacorpYear: 2024Scope 1: 4,130,000 tCO2eRevenue: $M 1,827Scope 1 Intensity: 2,260.99 tCO2e/$MEversource EnergyYear: 2023Scope 1: 158,122 tCO2eRevenue: $M 11,911Scope 1 Intensity: 13.28 tCO2e/$MPortland General ElectricYear: 2023Scope 1: 6,843,029 tCO2eRevenue: $M 2,923Scope 1 Intensity: 2,341.10 tCO2e/$M

How does Portland General Electric's GHG emissions intensity compare to its peers?

In 2023, Portland General Electric reported a Scope 1 emissions intensity of 2,341.1 tCO₂e per millions USD. Compared to the peer group median of 2,101.58 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Portland General Electric rank on GHG emissions intensity within its industry?

In 2023, Portland General Electric ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Portland General Electric is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Portland General Electric's Total Carbon Footprint

In 2023, Portland General Electric reported a total carbon footprint of 9,176,466 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.78% increase compared to 2021, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Portland General Electric's total carbon footprint was Scope 1 emissions, accounting for 74.57% of the company's total carbon footprint, followed by Scope 3 emissions at 24.98%. a

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