NV Energy, officially known as Nevada Power Company, is a leading energy provider headquartered in the United States, specifically in Las Vegas, Nevada. Founded in 1906, the company has evolved significantly, serving millions of customers across the state and parts of California. As a key player in the utility industry, NV Energy focuses on delivering reliable electricity and natural gas services, with a commitment to sustainability and renewable energy initiatives. The company offers a diverse range of products and services, including energy efficiency programmes and renewable energy options, setting it apart in a competitive market. NV Energy has achieved notable milestones, such as significant investments in solar energy, positioning itself as a frontrunner in clean energy solutions. With a strong market presence, NV Energy continues to innovate, ensuring a sustainable energy future for its customers and the communities it serves.
How does NV ENERGY'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 Machinery and Equipment 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.
NV ENERGY's score of 20 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, NV Energy reported a total carbon emissions intensity of approximately 454.0 kg CO2e per MWh for purchased generation, although specific total emissions figures for the year were not disclosed. This follows a trend of emissions intensity reduction from 473.0 kg CO2e per MWh in 2019 and 358.0 kg CO2e per MWh in 2020, indicating a commitment to improving their environmental impact over recent years. The company has not specified its Scope 1, 2, or 3 emissions data, nor has it set formal reduction targets or initiatives under the Science Based Targets initiative (SBTi). However, NV Energy's historical emissions data shows a significant reduction from approximately 10,952,666,000 kg CO2e in 2005 to 10,899,261,000 kg CO2e in 2018, reflecting ongoing efforts to decrease their carbon footprint. While specific climate commitments or pledges were not detailed, NV Energy's focus on reducing emissions intensity suggests a strategic approach to sustainability in the energy sector. The company continues to work towards enhancing its environmental performance, aligning with industry standards for climate action.
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.
NV ENERGY 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.