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.
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.
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.
Cleco Corporate Holdings LLC's score of 13 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Cleco Corporate Holdings LLC reported a total emissions intensity of approximately 610 kg CO2e per MWh for its owned and purchased generation. This figure reflects a decrease from 2022, where the emissions intensity was about 690 kg CO2e per MWh, and a further reduction from 2021, which recorded an intensity of approximately 770 kg CO2e per MWh. Despite these reductions in emissions intensity, Cleco has not disclosed specific absolute emissions data for Scope 1, 2, or 3 emissions, nor have they set formal reduction targets or climate pledges. The company continues to focus on improving its sustainability practices, although detailed commitments or initiatives have not been specified in the available data. Overall, Cleco's efforts indicate a positive trend towards reducing emissions intensity in their electricity generation, aligning with broader industry goals for climate action.
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 participating in any of the initiatives that 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.