Constellation Energy Corporation

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022-01 to 2022-12

In its 2023 reporting, Constellation Energy Corporation disclosed greenhouse gas emissions of 9.68 million metric tons of CO2e (Scope 1) + 380,000 metric tons of CO2e (market-based Scope 2) + (Scope 3). By scope: Scope 1: 9.68 million metric tons of CO2e; Scope 2: 380.0K metric tons of CO2e (market-based). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
9.68 million metric tons of CO2e (Scope 1) + 380,000 metric tons of CO2e (market-based Scope 2) + (Scope 3)
2023
💧
Water Usage
48 million megaliters (withdrawal)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).9.68 million metric tons of CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.380.0K metric tons of CO2e (market-based)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20239.68 million metric tons of CO2e (Scope 1) + 380,000 metric tons of CO2e (market-based Scope 2) + (Scope 3)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce carbon emissions by 65% by 2030 (from a 2020 baseline).
  • Reduce methane emissions by 30% by 2030.
  • Achieve 95% carbon-free owned electricity generation by 2030.

📅 Medium-term

  • Reduce operations-driven emissions by 100% by 2040 (with offsets for any remaining emissions).

🔭 Long-term

  • Achieve 100% carbon-free owned electricity generation by 2040.

🌱 ESG Focus Areas

Clean EnergyClimate ChangeCommunity EngagementDiversity, Equity, and InclusionGovernance

⚠️ Challenges & Risks +

  • Increased GHG emissions in 2023 due to higher natural gas generation in Texas to meet electricity grid demand.
  • Climate-related physical risks (increasing temperatures, severe weather, water scarcity).
  • Climate-related transition risks (changes in energy systems, customer expectations, regulations).

📋 Report Information

Reporting Period: 2023
Frameworks: GRI 2021 Standards, SASB Electric Utilities and Power Generators Standard
Assurance: Lloyd’s Register Quality Assurance, Inc. (LRQA)