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Southwest Gas Holdings Inc

Common Name
Southwest Gas Holdings
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
11,122
Ticker
SWX
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Southwest Gas Holdings Inc. is a diversified utility-centered company with a primary focus on providing natural gas services. Operating mainly in Arizona, Nevada, and California, it supplies millions ...

Southwest Gas Holdings's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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b
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Total Scope 2
Unspecified Calculation Method
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b
0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
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Verified Sources Behind Southwest Gas Holdings’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 Southwest Gas Holdings’s data sources below and access millions more through our Disclosure Search.

a. Southwest Gas Holdings's Sustainability Report 2024
a. Southwest Gas Holdings's Sustainability Report 2024
b. Southwest Gas Holdings's Sustainability Report 2023
b. Southwest Gas Holdings's Sustainability Report 2023

Insights into Southwest Gas Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSouthwest Gas Holdings amounted to384,647metric 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 Holdingsdecreased by 1.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Southwest Gas Holdings's Scope 1 Emissions Over Time

202020212022202320240100 k200 k300 k400 ktCO2e-3%+2%+3%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Southwest Gas Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Southwest Gas Holdings were 379,165 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Southwest Gas Holdings reduced its Scope 1 emissions over time?

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

What are Southwest Gas Holdings's Scope 2 emissions?

In 2024, Southwest Gas Holdings reported Scope 2 greenhouse gas (GHG) emissions of 5,482 tCOâ‚‚e without specifying the calculation method.a

Has Southwest Gas Holdings reduced its Scope 2 emissions over time?

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

What methodology does Southwest Gas Holdings use for Scope 2 reporting?

In 2024, Southwest Gas Holdings reported its Scope 2 emissions using an unspecified methodology.a

Southwest Gas Holdings's Scope 2 Emissions Over Time

2020202120222023202402.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Southwest Gas Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Southwest Gas Holdings reported Scope 1 greenhouse gas (GHG) emissions of 379,165 tCOâ‚‚e and total revenues of USD 5,112 millions. This translates into an emissions intensity of 74.17 tCOâ‚‚e per millions USD.a

Southwest Gas Holdings's Scope 1 Emissions Intensity Compared to Peers

1,00020,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)BTPortland General ElectricYear: 2024Scope 1: 6,412,964 tCO2eRevenue: $M 3,440Scope 1 Intensity: 1,864.23 tCO2e/$MNiSourceYear: 2024Scope 1: 5,446,186 tCO2eRevenue: $M 5,455Scope 1 Intensity: 998.37 tCO2e/$MCalifornia Water Service GroupYear: 2023Scope 1: 8,210 tCO2eRevenue: $M 795Scope 1 Intensity: 10.33 tCO2e/$MEssential UtilitiesYear: 2024Scope 1: 886,965 tCO2eRevenue: $M 2,086Scope 1 Intensity: 425.18 tCO2e/$MChesapeake UtilitiesYear: 2023Scope 1: 192,505 tCO2eRevenue: $M 671Scope 1 Intensity: 287.06 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MSpireYear: 2024Scope 1: 368,254 tCO2eRevenue: $M 2,593Scope 1 Intensity: 142.02 tCO2e/$MAtmos EnergyYear: 2023Scope 1: 156,162 tCO2eRevenue: $M 4,275Scope 1 Intensity: 36.53 tCO2e/$MMDU Resources GroupYear: 2023Scope 1: 1,963,433 tCO2eRevenue: $M 4,657Scope 1 Intensity: 421.58 tCO2e/$MBBBrookfield InfrastructureYear: 2024Scope 1: 2,100,000 tCO2eRevenue: $M 3,666Scope 1 Intensity: 572.83 tCO2e/$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: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MUGIYear: 2024Scope 1: 1,024,385 tCO2eRevenue: $M 7,210Scope 1 Intensity: 142.08 tCO2e/$MAmerican Water WorksYear: 2024Scope 1: 69,363 tCO2eRevenue: $M 4,684Scope 1 Intensity: 14.81 tCO2e/$MNorthwest Natural HoldingYear: 2023Scope 1: 101,298 tCO2eRevenue: $M 1,197Scope 1 Intensity: 84.59 tCO2e/$MAvistaYear: 2023Scope 1: 3,035,164 tCO2eRevenue: $M 1,752Scope 1 Intensity: 1,732.84 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MBlack HillsYear: 2024Scope 1: 4,500,012 tCO2eRevenue: $M 2,128Scope 1 Intensity: 2,114.97 tCO2e/$MDominion EnergyYear: 2024Scope 1: 31,862,016 tCO2eRevenue: $M 14,459Scope 1 Intensity: 2,203.61 tCO2e/$MHawaiian Electric IndustriesYear: 2024Scope 1: 4,361,243 tCO2eRevenue: $M 3,220Scope 1 Intensity: 1,354.49 tCO2e/$MNew Jersey ResourcesYear: 2024Scope 1: 49,466 tCO2eRevenue: $M 1,797Scope 1 Intensity: 27.53 tCO2e/$MClearway EnergyYear: 2023Scope 1: 540,000 tCO2eRevenue: $M 1,314Scope 1 Intensity: 410.96 tCO2e/$MONE GasYear: 2024Scope 1: 892,747 tCO2eRevenue: $M 2,084Scope 1 Intensity: 428.47 tCO2e/$MAESYear: 2024Scope 1: 27,779,000 tCO2eRevenue: $M 12,278Scope 1 Intensity: 2,262.50 tCO2e/$MIdacorpYear: 2024Scope 1: 4,130,000 tCO2eRevenue: $M 1,827Scope 1 Intensity: 2,260.99 tCO2e/$MSouthwest Gas HoldingsYear: 2024Scope 1: 379,165 tCO2eRevenue: $M 5,112Scope 1 Intensity: 74.17 tCO2e/$M

How does Southwest Gas Holdings's GHG emissions intensity compare to its peers?

In 2024, Southwest Gas Holdings reported a Scope 1 emissions intensity of 74.17 tCOâ‚‚e per millions USD. Compared to the peer group median of 572.83, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Southwest Gas Holdings rank on GHG emissions intensity within its industry?

In 2024, Southwest Gas Holdings ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Southwest Gas Holdings among the top performers, with one of the lowest emissions intensities relative to peers.a

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