Public Profile

Cleco Corporate Holdings LLC

Cleco Corporate Holdings LLC, commonly referred to as Cleco, is a prominent energy services company headquartered in the United States. Established in 1935, Cleco has evolved into a key player in the utility industry, primarily serving Louisiana and parts of Mississippi. The company focuses on electric generation, transmission, and distribution, providing reliable energy solutions to residential, commercial, and industrial customers. With a commitment to sustainability, Cleco has made significant strides in integrating renewable energy sources into its portfolio, enhancing its market position as a forward-thinking utility provider. Notable achievements include the expansion of its renewable energy capacity and investments in modernising infrastructure, which underscore its dedication to delivering safe and efficient energy services. Cleco's unique blend of traditional and innovative energy solutions sets it apart in a competitive landscape, making it a trusted partner in powering communities.

DitchCarbon Score

How does Cleco Corporate Holdings LLC'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.

30

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.

15

Industry Benchmark

Cleco Corporate Holdings LLC's score of 30 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.

94%

Cleco Corporate Holdings LLC's reported carbon emissions

In 2023, Cleco Corporate Holdings LLC reported total carbon emissions of approximately 5,544,498,000 kg CO2e from Scope 1, 674,889,000 kg CO2e from Scope 2, and 728,852,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to transparency in their emissions reporting, with data disclosed across all three scopes. Comparatively, in 2022, Cleco's emissions were about 6,552,233,000 kg CO2e for Scope 1, 820,813,000 kg CO2e for Scope 2, and 886,443,000 kg CO2e for Scope 3. The 2023 figures indicate a reduction in Scope 1 emissions by approximately 1,007,734,000 kg CO2e and Scope 2 emissions by about 145,924,000 kg CO2e from the previous year. Despite these reductions, Cleco has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the context of the energy sector, where emissions reduction is critical for addressing climate change. Overall, Cleco's emissions data highlights their ongoing efforts to manage and report on their carbon footprint, although further commitments to reduction targets would enhance their climate strategy.

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202120222023
Scope 1
7,511,160,000
0,000,000,000
0,000,000,000
Scope 2
713,712,000
000,000,000
000,000,000
Scope 3
770,779,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cleco Corporate Holdings LLC's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Cleco Corporate Holdings LLC is headquartered in US, which has a rank of low, indicating low grid carbon 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.

Cleco Corporate Holdings LLC is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers