Exelon

"Exelon, a company based in the USA, has set a net zero target to achieve by 2050. Net Zero Tracker
This target covers carbon dioxide and other greenhouse gases, including scope 1, scope 2, and partially scope 3 emissions, but does not cover historical emissions. Net Zero Tracker
An interesting fact about Exelon's environmental policy is their interim target of reducing emissions by 15% relative to 2015 emissions by 2022. Net Zero Tracker
They also plan to electrify 30% of their fleet vehicles by 2025, increasing to 50% by 2030. Net Zero Tracker
In addition, you can check out the …"

Current Score (vs. LY)

41.5 pts (-2.5)

Last Update: Dec. 12, 2023

Current Rankings

Global: #94

Utilities: #3

96.7%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

25.0%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

8.3%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2021Y2020Y2019
Scope 1 466,7168,492,5179,395,000
Scope 2 - location-based 4,868,8145,227,6706,103,000
Scope 2 - market-based 5,282,2134,477,6294,914,000
Scope 1-2 - location-based 5,335,53013,720,18715,498,000
Scope 1-2 - market-based 5,748,929 12,970,146 14,309,000
Scope 3 88,698,000182,175,30492,000
Total - location-based 94,033,530195,895,49115,590,000
Total - market-based 94,446,929 101,491,550 14,401,000

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 100,008,90594,033,530
Methodology Previous year intensity (revenue)As reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Exelon belongs to the sector Utilities.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2MKT 50.0 2015 2030

Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2S3MKT FULL 2050

Science-based Targets (SBTI)

There is no Science-Based target recorded in our database. Email us to report missing information Email

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Exelon by zerotracker.net: Nov. 27, 2023
Planning to use external offset credits Yes
Separate targets for emission reductions and removals No
Conditions on use of offset credits
  • No conditions specified
Plans for carbon dioxide removal (CDR) No

Additional notes: "Our utilities used 12.6 million RECs and alternative energy credits to meet state renewable energy requirements last year, supporting the deployment of renewable energy resources in the regions in which we operate."

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 0.0
2 Scope 3 emissions are fully reported and externally-verified 10.0 10.0 0.0
3 CDP score demonstrates the level of transparent disclosures 9.0 10.0 0.0
Transparency 29.0 30.0 0.0
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 10.0 10.0 0.0
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 0.0
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 0.0
7 Targets are science-based as validated by SBTi 0.0 10.0 0.0
Commitments 10.0 40.0 0.0
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 0.0
10 Implied Temperature Rating by MSCi 2.5 10.0 -2.5
Results 2.5 30.0 -2.5
Total 41.5 100.0 -2.5


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 5.0 0.0 5.0
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 5.0 0.0 5.0
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? full 5.0 / 5.0 5.0 0.0 5.0
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? full 5.0 / 5.0 5.0 0.0 2.5
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A- 9.0 / 10.0 9.0 0.0 9.0
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 3.0 0.0 0.0
Does the net zero target include an intermediate target by 2030? 2022 3.0 / 3.0 3.0 0.0 3.0
Does the net zero target include all the emissions? yes 4.0 / 4.0 4.0 0.0 0.0
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2050 0.0 / 5.0 0.0 0.0 0.0
Target year for achieving net zero emissions for S1+S2+S3 combined? 2050 0.0 / 5.0 0.0 0.0 0.0
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 0.0 0.0 0.0
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? NC 0.0 / 10.0 0.0 0.0 0.0
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No baseline could be found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No baseline could be found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 0.0 0.0 0.0
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 2.9°C 2.5 / 10.0 5.0 -2.5 5.0
Total 41.5 / 100.0 44.0 -2.5 34.5


Available Data Sources

Reporting Year 2021 2021 2021 2020 2020 2020 2019 2019 2019 2018 2018
Source Yourstake Wikirate (NV) Public CDP Public Wikirate (NV) Public Wikirate (NV) CDP Public Wikirate (NV)
Publication Year 2023 2022 2022 2021 2021 2021 2021 2021 2020 2021 unknown
Scope 1 466,716 467,000 466,716 8,492,517 8,493,000 8,493,000 9,395,000 9,395,000 9,394,598 9,526,000 9,526,000
Scope 2 - location-based 4,868,814 4,868,000 4,868,814 5,227,670 5,228,000 5,228,000 6,103,000 6,103,000 6,103,307 6,120,000 6,120,000
Scope 2 - market-based 5,282,213 NA 5,282,213 4,477,629 4,478,000 NA 4,914,000 NA 4,913,525 4,817,000 NA
Scope 1-2 - location-based 5,335,530 5,335,000 5,335,530 13,720,187 13,721,000 13,721,000 15,498,000 15,498,000 15,497,905 15,646,000 15,646,000
Scope 1-2 - market-based 5,748,929 NA 5,748,929 12,970,146 12,971,000 NA 14,309,000 NA 14,308,123 14,343,000 NA
Scope 3 88,698,000 88,698,000 86,711,513 182,175,304 74,000 178,659,000 92,000 180,732,000 103,792,983 100,000 0
Total - location-based 94,033,530 94,033,000 92,047,043 195,895,491 13,795,000 192,380,000 15,590,000 196,230,000 119,290,888 15,746,000 15,646,000
Total - market-based 94,446,929 NA 92,460,442 101,491,550 13,045,000 NA 14,401,000 NA 99,236,828 14,443,000 NA

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

© Vincent Manier - September 2021 About us . Keep in touch . Blog