CMS Energy Corporation

Multi-Utilities

CMS

$ 62 0.08

Share price

$ 18 bn

Market Cap

$ 33 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

14x the weighted average for S&P 500

FY2021

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

GHG emissions and Carbon intensity

CMS Energy Corporation reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 17,571 Kt (+2,443/+16% y-o-y). Carbon intensity also increased to 2,398 t (+40/+1.7% y-o-y).

CMS Energy Corporation's Scope 3 emissions surged to 20,937 Kt (+2,260/+12% y-o-y). The parameter has been fairly volatile.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	17,571	17,558	13	20,937	7,329	2,398
2020Q4	15,128	14,834	294	18,676	6,418	2,357
2019Q4	17,636	17,355	281	20,574	6,845	2,576
2018Q4	17,416	16,990	426	22,780	6,873	2,534
2017Q4	13,426	13,046	380	20,216	6,583	2,040

CMS Energy Corporation

Carbon footprint

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

GHG emissions and Carbon intensity

CMS Energy Corporation's carbon footprint

Company environmental metrics