Caribbean Utilities Sustainability Profile
Caribbean Utilities Company, Ltd. (CUC) is a leading electricity provider headquartered in the Cayman Islands (KY). Established in 1966, CUC has played a pivotal role in the region's energy sector, serving Grand Cayman and the surrounding areas. The company is renowned for its commitment to delivering reliable and sustainable electricity, utilising a mix of traditional and renewable energy sources. CUC's core services include electricity generation, transmission, and distribution, with a focus on innovation and environmental stewardship. Notable achievements include significant investments in renewable energy projects, positioning CUC as a frontrunner in the Caribbean's transition to greener energy solutions. With a strong market presence, Caribbean Utilities continues to enhance its infrastructure and service offerings, ensuring a stable energy supply for its customers.
DitchCarbon Score
How does Caribbean Utilities'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.
Industry Average
Mean score of companies in the Solar Thermal Electricity 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.
Industry Benchmark
Caribbean Utilities's score of 4 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Caribbean Utilities's reported carbon emissions
In 2021, Caribbean Utilities Company, Ltd. reported total carbon emissions of approximately 436,880,000 kg CO2e, all of which fall under Scope 1 emissions. This figure reflects the direct emissions from their operations, with no data available for Scope 2 or Scope 3 emissions. Currently, Caribbean Utilities has not established any specific reduction targets or climate pledges, indicating a potential area for future commitment. The emissions data is cascaded from the parent company, Caribbean Utilities Company, Ltd., which is classified as a current subsidiary. As the company continues to navigate the evolving landscape of climate commitments, it may consider setting science-based targets to align with global climate goals.
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| 2021 | |
|---|---|
| Scope 1 | 436,880,000 |
| Scope 2 | - |
| Scope 3 | - |
How Carbon Intensive is Caribbean Utilities's Industry?
How Carbon Intensive is Caribbean Utilities's Location?
Caribbean Utilities's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Caribbean Utilities has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
