Energy Efficiency, GHG Emissions, Industrial, Utilities  -  November 1, 2023

NiSource Lowers Emissions by 67%

NiSource is on track for a 90% reduction in Scope 1 GHG emissions by 2030 compared to a 2005 baseline. 

As of the end of 2022, the utility company had lowered its Scope 1 GHG emissions by approximately 67% from its 2005 levels. 

NiSource is expected to retire 100% of coal assets by 2028 and replace them primarily with renewables. It also has plans to spend around $3 billion towards generation transition investments through 2028, including its first full year of operating Indiana Crossroads Wind (302 MW) in 2022.

With support from key stakeholders, the company was able to identify pathways to achieve its net zero goal by 2040 and reduce methane emissions through modernization and advanced leak detection and repair, including 15,230 miles of distribution pipe and 265 miles of priority pipe, both of which were retired in 2022.

NiSource’s 2023 ESG report is an interim document. The company plans to create an annual report outlining how ESG priorities support NiSource’s overall business strategies, including its Future of Energy strategy, which includes a range of clean energy solutions across solar, wind, electricity, and renewable natural gas.

Details were released in its 2023 ESG report, “Building Trust for a Sustainable Future.” The report highlights efforts in advancing environmental, social, and governance (ESG) initiatives as key metrics for the company’s business strategy for the future of energy.

“Our commitment to putting employees, customers, and the communities we serve at the center of all we do is the catalyst for advancing our environmental, social, and governance objectives across our six-state service area,” said Lloyd Yates, NiSource President and CEO, in a statement. “We believe this level of dedication for corporate excellence, effectively lays the groundwork for us to serve the energy needs of generations to come.”