NorthWestern Energy Group, Inc.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2019, 2018-2022, 2008 to 2023

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.

⚡
Renewable Energy
55% of total electric generation in 2023
of total energy

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20222.8M tCO2e (Scope 1) + 9070 tCO2e (Scope 2)
2018-20222.8M tCO2e/year (Scope 1)

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

  • Operationalize the Yellowstone County Generating Station by the end of Q3 2024

📅 Medium-term

  • Acquire Avista's 15% interest in Colstrip Units 3 and 4 by December 31, 2025

🔭 Long-term

  • Achieve net-zero carbon emissions by 2050

🌱 ESG Focus Areas

ReliabilityAffordabilitySustainabilitySafetyEmployee engagementFinancial strengthCommunity engagementEnvironmental stewardshipCorporate governance

⚠️ Challenges & Risks +

  • Securing adequate energy capacity for the future, especially in Montana due to lack of organized energy market and thermal capacity retirements
  • Increasing threats of weather, wildfire, and cybersecurity events
  • Inflationary pressures on operating costs and interest expense
  • Rising interest rates impacting utility stocks
  • Wildfire mitigation in Montana
  • Transition to net-zero emissions by 2050
  • Supply chain constraints, high inflation for product, services, and labor costs
  • Potential difficulties in physically serving parts of Montana due to generation closures and increased load
  • Intermittency of renewable energy sources
  • Integration of renewable technologies while maintaining reliability and affordability

📋 Report Information

Reporting Period: 2023