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Electricity Transmission
US
updated 7 days ago

Cleco Corporate Holdings LLC

Company website

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.

DitchCarbon Score

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.

16

Industry Average

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.

20

Industry Benchmark

Cleco Corporate Holdings LLC's score of 16 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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Cleco Corporate Holdings LLC's reported carbon emissions

In 2023, Cleco Corporate Holdings LLC reported a total emissions intensity of approximately 610.0 kg CO2e per MWh for its owned and purchased generation, although specific total emissions figures were not disclosed. This represents a decrease from 2022, where the emissions intensity was about 690.0 kg CO2e per MWh, and a further reduction from 2021, which recorded an intensity of approximately 770.0 kg CO2e per MWh. Cleco has not disclosed specific Scope 1, 2, or 3 emissions data, nor have they set formal reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while Cleco is actively monitoring its emissions intensity, it may not yet have formalised a comprehensive climate strategy. As a current subsidiary of Cleco Corporate Holdings LLC, any emissions data or climate commitments would be inherited from the parent company. The company is engaged in ongoing efforts to improve its sustainability practices, but further details on specific initiatives or commitments remain unspecified.

Industry emissions intensity

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Very high
Some industries are more carbon intensive than others. Cleco Corporate Holdings LLC's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
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Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Cleco Corporate Holdings LLC is in US, which has a low grid carbon intensity relative to other regions.

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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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