Xcel Energy Inc 2023 SR
The report highlights Xcel Energy's progress toward its goal of 100% carbon-free electricity by 2050, achieving a 54% reduction in carbon emissions from 2005 levels as of 2023. The company successfully retired its first coal unit at the Sherburne County Generating Station and is constructing the Midwest's largest solar facility. Xcel Energy expanded its net-zero vision to include natural gas and transportation, aiming for a 25% reduction in gas-related greenhouse gases by 2030. Community impact was significant, with $15.3 million in investments and $1.3 billion spent with diverse suppliers. Safety performance improved with a 34% reduction in serious injuries, while residential electric bills remained 28% below the national average.
Company: Xcel Energy Inc
Sector: Utilities
Country: United States
Year: 2023
Type: SR
Pages: 129
Xcel Energy Inc
Sustainability Report
The report highlights Xcel Energy's progress toward its goal of 100% carbon-free electricity by 2050, achieving a 54% reduction in carbon emissions from 2005 levels as of 2023. The company successfully retired its first coal unit at the Sherburne County Generating Station and is constructing the Midwest's largest solar facility. Xcel Energy expanded its net-zero vision to include natural gas and transportation, aiming for a 25% reduction in gas-related greenhouse gases by 2030. Community impact was significant, with $15.3 million in investments and $1.3 billion spent with diverse suppliers. Safety performance improved with a 34% reduction in serious injuries, while residential electric bills remained 28% below the national average.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jun 1, 2024
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
Water Consumption
Women on Board
Women in Management
Net Zero Target
Employees