Sempra Energy

Alternative Electricity / Pipelines
SRE
$ 161 2
Share price
$ 51 bn
Market Cap
$ 78 bn
Enterprise Value

Carbon footprint

88 Ton
GHG emissions per $ 1 mln investment
3.1x the weighted average for S&P 500
FY2020
How is this calculated?
+21%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-5.9%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Sempra Energy aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019


This target has not been verified as science based according to SBTi
Sempra Energy's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.3%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.7% weighted average for S&P 500
FY2021
How is this calculated?

Sempra Energy aims to achieve net zero for all Scopes by 2050


This target has not been verified as science based according to SBTi
Sempra Energy's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Sempra Energy's GHG emissions (location-based) (Kt of CO2e)
Sempra Energy's Carbon intensity (Tons per 1 USDm)

Sempra Energy's carbon footprint

Sempra Energy reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 6,851 Kt (+1,205/+21% y-o-y). Carbon intensity also grew to 603 t (+81/+16% y-o-y).

Sempra Energy's Scope 3 emissions grew to 66,100 Kt (+1,300/+2% y-o-y). The growth has slowed compared to the trend since 4Q'16 (CAGR +4.6%).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which translates into the estimated reduction of -403 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.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -2,432 Kt per annum over the period of FY2021 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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