In 2024, Southwest Gas Holdings 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, Southwest Gas Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 379,165a | 384,608a | 375,223.73b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 5,482a | 6,006a | 6,144.73b | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 74.1651a | 70.7784a | 75.6498b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Southwest Gas Holdings amounted to 384,647 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 2023, the total operational greenhouse gas (GHG) emissions of Southwest Gas Holdings decreased by 1.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Southwest Gas Holdings were 379,165 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Southwest Gas Holdings's Scope 1 emissions have remained relatively, stable, indicating that Southwest Gas Holdings's emissions have plateaued with no significant change in its operational footprint.ab
Compared to the previous year (2023), Southwest Gas Holdings's Scope 1 emissions decreased by 1.42%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Southwest Gas Holdings reported Scope 2 greenhouse gas (GHG) emissions of 5,482 tCO₂e without specifying the calculation method.a
Since 2020, Southwest Gas Holdings's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 42.88%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Southwest Gas Holdings's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Southwest Gas Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Southwest Gas Holdings reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Southwest Gas Holdings reported Scope 1 greenhouse gas (GHG) emissions of 379,165 tCO₂e and total revenues of USD 5,112 millions. This translates into an emissions intensity of 74.17 tCO₂e per millions USD.a
In 2024, Southwest Gas Holdings reported a Scope 1 emissions intensity of 74.17 tCO₂e per millions USD. Compared to the peer group median of 142.02, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Southwest Gas Holdings ranked 11 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Southwest Gas Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a