Public Service Enterprise
Primary Climate Goal
Public Service Enterprise's target annual Scope 1 + 2 emissions for 2030 should be equal to 0 Kt = 0% * 10,377 Kt, according to the company's stated climate goal.
In order to achieve this goal, Public Service Enterprise would need to reduce its emissions at least by -1,038 Kt per annum over the period from 2021 to 2030:
-1,038 Kt = ( 0 Kt - 10,377 Kt ) / (2030 - 2020)
This translates into a -10% reduction in 2021.
The projected range shown on the chart is based on the Exerica's algorithm which takes account of both the company's stated goal and its past performance.
Public Service Enterprise aims to achieve net zero for Scope 1 + 2 by 2030
Science Based Targets initiative In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
In October 2021 SBTi developed and launched world's first net zero standard, providing framework and tools for companies to set science-based net zero targets and limit global temperature rise above pre-industrial levels to 1.5 °C.
GHG emissions and Carbon intensity
Scope 1 + 2 GHG emissions (in tons of CO2e) divided by the company's Revenues (in USDm) for the same period
Public Service Enterprise reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 10,377 Kt (-3,867 /-27.1% y-o-y). Also positively, carbon intensity tumbled to 1,081 t (-333 /-23.6% y-o-y).
No public disclosure of Scope 3 emissions has been found for Public Service Enterprise at the moment.
The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -1,038 Kt per annum over the period of FY2021 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.