TXNM Energy Inc

Common Name
TXNM Energy
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
1,695
Ticker
TXNM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
TxnM Energy Inc. is a diversified energy company involved in the exploration, production, and distribution of energy resources. Specializing in both fossil fuels and renewable energy, the company play...

TXNM Energy's GHG Emissions Data Preview

In 2022, TXNM Energy 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, TXNM Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2022202120202019 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind TXNM Energy’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 TXNM Energy’s data sources below and access millions more through our Disclosure Search.

a. TXNM Energy's Sustainability Report 2022
a. TXNM Energy's Sustainability Report 2022
b. TXNM Energy's Financial & Extra-Financial Data Spreadsheet 2022
b. TXNM Energy's Financial & Extra-Financial Data Spreadsheet 2022

Insights into TXNM Energy's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of TXNM Energy amounted to 5,183,986 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 TXNM Energy decreased by 11.66%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

TXNM Energy's Scope 1 Emissions Over Time

2018201920202021202201.5 M3 M4.5 M6 MtCO2e+1%-1%+1%-13%
  • Total Scope 1
  • Year-over-Year Change

What are TXNM Energy's Scope 1 emissions?

In 2022, the total Scope 1 emissions of TXNM Energy were 4,844,547 metric tons of CO₂ equivalent (tCO₂e). a

Has TXNM Energy reduced its Scope 1 emissions over time?

Since 2018, TXNM Energy's Scope 1 emissions have decreased by 12.09%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2021), TXNM Energy's Scope 1 emissions decreased by 13.05%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are TXNM Energy's Scope 2 emissions?

In 2022, TXNM Energy reported Scope 2 greenhouse gas (GHG) emissions of 339,439 tCO₂e without specifying the calculation method. a

Has TXNM Energy reduced its Scope 2 emissions over time?

Compared to the previous year (2021), TXNM Energy's Scope 2 emissions (Unspecified Calculation Method) rose by 14.53% in 2022, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does TXNM Energy use for Scope 2 reporting?

In 2022, TXNM Energy reported its Scope 2 emissions using an unspecified methodology. a

TXNM Energy's Scope 2 Emissions Over Time

202020212022085 k170 k255 k340 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into TXNM Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2022, TXNM Energy reported Scope 1 greenhouse gas (GHG) emissions of 4,844,547 tCO₂e and total revenues of USD 2,250 millions. This translates into an emissions intensity of 2,153.56 tCO₂e per millions USD. a

TXNM Energy'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)CTPortland General ElectricYear: 2023Scope 1: 6,843,029 tCO2eRevenue: $M 2,923Scope 1 Intensity: 2,341.10 tCO2e/$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: $M 4,027Scope 1 Intensity: 3,384.97 tCO2e/$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: $M 11,911Scope 1 Intensity: 13.28 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$M

How does TXNM Energy's GHG emissions intensity compare to its peers?

In 2022, TXNM Energy reported a Scope 1 emissions intensity of 2,153.56 tCO₂e per millions USD. Compared to the peer group median of 2,049.61 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does TXNM Energy rank on GHG emissions intensity within its industry?

In 2022, TXNM Energy ranked 13 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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