- Physical climate-related risks from changing weather patterns.
- Transition risks associated with climate change regulation.
- Potential impacts of climate change legislation and executive orders.
- Maintaining energy affordability for customers.
New Jersey Resources (NJR)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, New Jersey Resources (NJR) disclosed greenhouse gas emissions of 48.4K tCO2e/year (New Jersey operations). By scope: Scope 1: 50.1K tCO2e/year; Scope 2: 163 tCO2e/year. 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
48.4K tCO2e/year (New Jersey operations)
2023
Renewable Energy
98% (electricity)
of total energy
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 50.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 163 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced New Jersey operational GHG emissions by 59.7% from 2006 baseline.
- Achieved the highest single-year investment of $60 million in energy-efficiency programs, cutting carbon emissions by helping customers reduce their energy consumption.
- Developed North America’s largest capped landfill and largest floating solar array.
- Reduced emissions from distribution system by 57% while increasing customer base by 16% over 10 years.
- Installed distributed carbon capture technology at Wall Township headquarters.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce New Jersey operational emissions by 60% from 2006 levels by 2030.
🔭 Long-term
- Achieve net-zero carbon emissions from New Jersey operations by 2050.
🌱 ESG Focus Areas
Climate ChangeEnergy EfficiencyRenewable EnergyDiversity, Equity, and Inclusion (DEI)Community EngagementSafetyCorporate Governance