Xcel Energy Inc 2022 SR
The report outlines Xcel Energy's progress and goals toward a clean energy transition, aiming for 100% carbon-free electricity by 2050 and net-zero emissions for natural gas service. Key highlights from 2022 include a 53% reduction in carbon dioxide emissions from 2005 levels and the approval of clean energy plans in Colorado and the Upper Midwest to retire all coal-fueled generation by 2030. The company is also advancing transportation electrification, with nearly 96,000 electric vehicles in its service area and a goal for one in five vehicles to be EVs by 2030. Additionally, Xcel Energy is piloting carbon offsets and hydrogen-ready generation to support its long-term net-zero commitments.
Company: Xcel Energy Inc
Sector: Utilities
Country: United States
Year: 2022
Type: SR
Pages: 10
Xcel Energy Inc
Sustainability Strategy And Management
The report outlines Xcel Energy's progress and goals toward a clean energy transition, aiming for 100% carbon-free electricity by 2050 and net-zero emissions for natural gas service. Key highlights from 2022 include a 53% reduction in carbon dioxide emissions from 2005 levels and the approval of clean energy plans in Colorado and the Upper Midwest to retire all coal-fueled generation by 2030. The company is also advancing transportation electrification, with nearly 96,000 electric vehicles in its service area and a goal for one in five vehicles to be EVs by 2030. Additionally, Xcel Energy is piloting carbon offsets and hydrogen-ready generation to support its long-term net-zero commitments.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Net Zero Target