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, commonly referred to as PSEG, is a diversified energy company based in the United States. Its primary function is to generate and supply electricity and g...

PSEG's GHG Emissions Data Preview

In 2023, PSEG 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 2 (indirect emissions from purchased energy).

However, PSEG has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into PSEG's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of PSEG amounted to 1,331,086 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of PSEG decreased by 53.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

PSEG's Scope 1 Emissions Over Time

202020212022202303 M6 M9 M12 MtCO2e+5%-81%-71%
  • Total Scope 1
  • Year-over-Year Change

What are PSEG's Scope 1 emissions?

In 2023, the total Scope 1 emissions of PSEG were 549,002 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has PSEG reduced its Scope 1 emissions over time?

Since 2020, PSEG's Scope 1 emissions have decreased by 94.3%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), PSEG's Scope 1 emissions decreased by 70.77%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are PSEG's Scope 2 emissions?

In 2023, PSEG reported Scope 2 greenhouse gas (GHG) emissions of 782,084 tCOâ‚‚e using the location-based method.

Has PSEG reduced its Scope 2 emissions over time?

Since 2020, PSEG's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that PSEG 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), PSEG's Scope 2 emissions (Location-Based) fell by 21.02% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does PSEG use for Scope 2 reporting?

In 2023, PSEG reported its Scope 2 emissions using the location-based method.

PSEG's Scope 2 Emissions Over Time

20202021202220230250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
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