Puget Energy, Inc., a prominent player in the energy sector, is headquartered in the United States, specifically in Bellevue, Washington. Founded in 1997, the company has established itself as a key provider of energy solutions, primarily through its subsidiary, Puget Sound Energy (PSE), which serves millions of customers across the Pacific Northwest. Specialising in electric and natural gas services, Puget Energy is committed to delivering reliable and sustainable energy while prioritising environmental stewardship. The company has made significant strides in renewable energy integration, positioning itself as a leader in the transition to cleaner energy sources. With a strong market presence and a focus on innovation, Puget Energy continues to achieve notable milestones in enhancing energy efficiency and customer satisfaction.
How does Puget Energy, Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electricity Distribution industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Puget Energy, Inc.'s score of 2 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Puget Energy, Inc. reported emissions data indicating a leak rate of approximately 0.488 kg CO2e per MWh of electricity generated, although specific total emissions figures were not disclosed. This follows a similar trend in 2022, where the leak rate was about 0.299 kg CO2e per MWh. The company has not provided detailed information on Scope 1, 2, or 3 emissions, nor have they disclosed any specific reduction targets or commitments under the Science Based Targets initiative (SBTi). Despite the absence of concrete reduction initiatives or climate pledges, Puget Energy operates within an industry increasingly focused on sustainability and reducing carbon footprints. The lack of specified emissions data highlights an opportunity for the company to enhance transparency and set measurable climate commitments in line with global climate goals.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Puget Energy, Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.