Cleco Corporate Holdings LLC
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.
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.
Industry Benchmark
Cleco Corporate Holdings LLC's score of 30 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cleco Corporate Holdings LLC's reported carbon emissions
In 2023, Cleco Corporate Holdings LLC reported total carbon emissions of approximately 5,544,498,000 kg CO2e for Scope 1, 674,889,000 kg CO2e for Scope 2, and 728,852,000 kg CO2e for Scope 3 emissions. This represents a decrease in emissions across all scopes compared to 2022, where emissions were approximately 6,552,233,000 kg CO2e for Scope 1, 820,813,000 kg CO2e for Scope 2, and 886,443,000 kg CO2e for Scope 3. The company has demonstrated a commitment to reducing its carbon footprint, with significant reductions noted from 2021 to 2023. In 2021, Cleco's emissions were approximately 7,511,160,000 kg CO2e for Scope 1, 713,712,000 kg CO2e for Scope 2, and 770,779,000 kg CO2e for Scope 3. Despite these reductions, Cleco has not publicly disclosed specific reduction targets or initiatives under frameworks such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while the company is making progress in emissions reduction, it may not have formalised commitments in line with industry standards. Overall, Cleco's emissions data reflects a positive trend towards lower carbon emissions, aligning with broader climate commitments within the energy sector.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 7,511,160,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 713,712,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 770,779,000 | 000,000,000 | 000,000,000 |
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.
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.
