- Headwinds questioning the inclusion of ESG standards as a viable measure of strategic success.
NiSource Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, NiSource Inc. disclosed greenhouse gas emissions of 5.5M tCO2e/year (Scope 1). By scope: Scope 1: 5.5M tCO2e/year; Scope 2: 59.8K tCO2e/year; Scope 3: 50.7M 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
5.5M tCO2e/year (Scope 1)
2023
Water Usage
9.8K MMGAL/year (withdrawal)
2023
📊 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). | 5.5M tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 59.8K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 50.7M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 5.5M tCO2e/year (Scope 1) |
| 2022 | 6.4M tCO2e/year (Scope 1) + 76591 tCO2e/year (Scope 2) + 2074295 tCO2e/year (Upstream Scope 3) + 10104049 tCO2e/year (Downstream Scope 3 - Gas NiSource owns) + 38884328 tCO2e/year (Downstream Scope 3 - Gas NiSource does not own) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 GHG emissions by approximately 72% from 2005 levels by the end of 2023 (on track for 90% reduction by 2030 and net-zero by 2040).
- Reduced fugitive methane emissions by 48% as of the end of 2023.
- Retired 216 miles of leak-prone pipe in 2023.
- Deployed advanced leak detection and repair equipment in five service territories.
- Committed approximately $4 billion of cumulative generation transition investments through 2028.
- On track to retire 100% of coal assets by 2028.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 90% by 2025 (from 2005 baseline)
- Reduce Scope 1 GHG emissions by 50% by 2025 (from 2005 baseline)
- Achieve 50% reduction in fugitive methane emissions by 2025.
📅 Medium-term
- Reduce Scope 1 GHG emissions by 90% by 2030 (from 2005 baseline)
- Achieve 25% diverse supplier spend by 2025.
🔭 Long-term
- Achieve net-zero Scope 1 and 2 greenhouse gas emissions by 2040.
🌱 ESG Focus Areas
SafetyStrong, stable communitiesEmployee value and respectShareholder valueCustomer-focused solutionsEngaged, aligned, and transparent sustainability approachEnvironmental stewardshipClimate ChangeEconomic InclusionDiversity, Equity & InclusionCorporate Governance