Public Profile

Allete

Allete, Inc., a prominent player in the energy sector, is headquartered in Duluth, Minnesota, and operates primarily across the United States. Founded in 1906, the company has evolved significantly, focusing on sustainable energy solutions and utility services. Allete is renowned for its commitment to clean energy, particularly through its subsidiary, Minnesota Power, which provides electricity to a diverse customer base in northern Minnesota. The company’s core offerings include electric and natural gas services, as well as renewable energy projects, such as wind and solar power. Allete's dedication to innovation and sustainability has positioned it as a leader in the transition to a cleaner energy future. With a strong market presence and a history of strategic growth, Allete continues to achieve notable milestones in the energy industry, reinforcing its reputation as a forward-thinking utility provider.

DitchCarbon Score

How does Allete'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.

18

Industry Average

Mean score of companies in the Electricity from Other Sources 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.

22

Industry Benchmark

Allete's score of 18 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

Allete's reported carbon emissions

In 2022, Allete reported total carbon emissions of approximately 2,725,923,000 kg CO2e, with specific emissions of about 30,153,490 kg CO2e from Scope 1 and approximately 14,501,040 kg CO2e from Scope 2. The company has shown a commitment to reducing its carbon footprint, although no specific reduction targets or initiatives have been disclosed. In previous years, Allete's emissions were significantly higher, with total emissions reaching about 5,260,304,000 kg CO2e in 2019 and approximately 4,422,373,000 kg CO2e in 2018. The trend indicates a gradual decrease in emissions over the years, reflecting an ongoing effort to improve sustainability practices. For 2023, Allete has not yet reported emissions data, but they have indicated a total owned generation CO2e emissions intensity of approximately 483 kg CO2e per MWh. Looking ahead to 2024, the company anticipates emissions of about 29,828,700 kg CO2e for Scope 1 and approximately 13,998,180 kg CO2e for Scope 2. Overall, while Allete has made strides in reducing its emissions, the absence of specific reduction targets suggests that further commitments may be necessary to align with industry standards and climate goals.

Unlock detailed emissions data

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202120222024
Scope 1
-
00,000,000
00,000,000
Scope 2
-
00,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Allete's primary industry is Electricity nec, 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. Allete 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.

Allete 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
RE 100
Climate Action 100
Race To Net Zero

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