Public Service Enterprise Group Inc

Common Name
PSEG
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
13,047
Ticker
PEG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Public Service Enterprise Group Incorporated is a leading U.S.-based public utility holding company specializing in regulated energy services. Headquartered in New Jersey and established as a consolid...

PSEG's Climate Target Data Preview

As of 2023, PSEG 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 PSEG ’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
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
*. 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 PSEG’s Climate Targets 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 PSEG’s data sources below and access millions more through our Disclosure Search.

a. PSEG's Sustainability Report 2023
a. PSEG's Sustainability Report 2023

Insights into PSEG's Greenhouse Gas Emissions Pathways

As of 2023, PSEG 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 PSEG have a target to reduce the emissions from its operations?

As of 2023, PSEG has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

PSEG's most ambitious operational target is to reduce these emissions by 72% by 2030, compared to a baseline of 3,276,780 Metric Tonnes of CO2 equivalent (mtCO2e) in 2005. a

As of 2022, PSEG is on track to meet its operational emissions reduction target, having achieved 68.4% of the planned reduction. a

PSEG's Operational (Scope 1+2) Emissions Pathway

2005202220300850 k1.7 M2.55 M3.4 MBaselineCurrent (-49%)Target 2030 (-72%)
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