Caribbean Utilities
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 8 is lower than 89% 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 2022, Caribbean Utilities, headquartered in the Cayman Islands (KY), reported carbon emissions of approximately 449,587,000 kg CO2e, all of which fall under Scope 1 emissions. This represents a slight increase from 2021, where emissions were about 436,880,000 kg CO2e. The company has shown a reduction trend from 2020, which recorded emissions of approximately 430,963,000 kg CO2e, and 2019, with emissions at about 443,070,000 kg CO2e. Despite these fluctuations, Caribbean Utilities has not established specific reduction targets or initiatives as part of their climate commitments. The absence of Scope 2 and Scope 3 emissions indicates a focus solely on direct emissions from their operations. As the company continues to navigate its environmental impact, further commitments and strategies may be necessary to align with industry standards for sustainability and carbon reduction.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 443,070,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | - | - |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions 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.
Caribbean Utilities 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.
