TXNM Energy, Inc.
TXNM Energy, Inc., headquartered in the United States, is a prominent player in the energy sector, specialising in innovative energy solutions. Founded in 2010, the company has established a strong presence in key operational regions across North America, focusing on renewable energy and sustainable practices. With a commitment to providing cutting-edge energy services, TXNM Energy offers a range of products, including solar energy systems and energy efficiency solutions. Their unique approach combines advanced technology with a customer-centric philosophy, setting them apart in a competitive market. Recognised for their contributions to the industry, TXNM Energy has achieved significant milestones, positioning themselves as a leader in the transition towards sustainable energy. Their dedication to quality and innovation continues to drive their success and influence in the energy landscape.
DitchCarbon Score
How does TXNM 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.
Industry Average
Mean score of companies in the Electricity Transmission 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.
Industry Benchmark
TXNM Energy, Inc.'s score of 15 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
TXNM Energy, Inc.'s reported carbon emissions
In 2020, TXNM Energy, Inc. reported a CO2 emission intensity of approximately 517.1 kg CO2e per MWh of electricity generated. This figure reflects the company's performance in terms of carbon emissions, although specific total emissions data for Scope 1, 2, or 3 is not disclosed. Over the years, TXNM Energy has shown a trend in emission intensity, with values of about 532.9 kg CO2e/MWh in 2019, 556.1 kg CO2e/MWh in 2018, and 624.1 kg CO2e/MWh in 2017. This indicates a gradual improvement in their emission intensity, suggesting efforts to reduce carbon output in their operations. However, TXNM Energy has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi) for formal climate commitments. The absence of documented reduction targets highlights a potential area for growth in their climate strategy. Overall, while TXNM Energy, Inc. has made strides in reducing emission intensity, further transparency and commitment to specific climate goals could enhance their sustainability profile.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
TXNM 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.
