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.
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.
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.
Caribbean Utilities's score of 8 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Caribbean Utilities reported carbon emissions of approximately 449,587,000 kg CO2e, primarily from Scope 1 emissions, which totalled the same amount as there were no reported Scope 2 or Scope 3 emissions. This marked an increase from 2021, where emissions were about 436,880,000 kg CO2e. The trend over the past few years shows fluctuations in emissions, with 2020 recording approximately 430,963,000 kg CO2e and 2019 at about 443,070,000 kg CO2e. Currently, Caribbean Utilities has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This context highlights the need for the company to enhance its climate commitments and strategies to address its carbon footprint effectively.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 443,070,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | - | - | - | - |
Scope 3 | - | - | - | - |
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.