- Severe weather events impacting systems and causing service outages.
- Changes in legislation and regulation impacting business.
- Changes in customer energy preferences.
- Potential negative effects on access to capital markets due to climate change.
- Climate change lawsuits.
- Global shortage of transformers.
- Affordability concerns for customers.
Public Service Enterprise Group Incorporated (PSEG)
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Public Service Enterprise Group Incorporated (PSEG) disclosed greenhouse gas emissions of 2.9M mt CO2e (Scope 1 & 2). By scope: Scope 1: 1.9M mt CO2e; Scope 2: 990.2K mt CO2e; Scope 3: 16.8M mt CO2e (Category 3) + 10377934 mt CO2e (Category 11). 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
2.9M mt CO2e (Scope 1 & 2)
2022
Water Usage
2.5 million m3
2022
Waste
631.3K mt (total solid waste)
2022
Energy Use
6.2M MWh
2022
📊 Emissions by Scope (2022)
| 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). | 1.9M mt CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 990.2K mt CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 16.8M mt CO2e (Category 3) + 10377934 mt CO2e (Category 11) |
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 |
|---|---|
| 2022 | 2.9M mt CO2e (Scope 1 & 2) |
| 2020 | 14.2M tCO2e/year (Scope 1+2) |
| 2018-2019 | 13.0M tCO2e (2018) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced methane emissions by approximately 22% compared to 2018 levels.
- Achieved a 303,910-metric ton reduction (CO2e) since 2011.
- Completed the sale of its 6,750 MW fossil generating fleet and Kalaeloa cogeneration facility, resulting in 100% carbon-free generation.
- Installed one millionth smart meter (with a goal of 2.3 million by end of 2024).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce Scope 1 and 2 emissions to net-zero by 2030.
🌱 ESG Focus Areas
Climate ChangeDiversity, Equity, and Inclusion (DEI)Environmental StewardshipSocial ResponsibilityGovernanceAffordabilityReliabilityCustomer ServiceEnvironmental JusticeJust Transition