Cleco Corporate Holdings LLC Sustainability Profile
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 15 is lower than 76% 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 2022, Cleco Corporate Holdings LLC reported total emissions of approximately 19.6 billion kg CO2e, comprising about 9.4 billion kg CO2e from Scope 1 and about 10.3 billion kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. The emissions intensity for owned and purchased generation was reported at 750 kg CO2e per MWh. For 2021, Cleco's total emissions were approximately 20.1 billion kg CO2e, with Scope 1 emissions at about 9.7 billion kg CO2e and Scope 2 emissions at approximately 10.4 billion kg CO2e, indicating a slight decrease in total emissions from 2021 to 2022. As of 2023, Cleco has not provided specific emissions data, nor have they outlined any 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 aware of its emissions profile, it may not have formalised strategies for significant reductions at this time. The emissions data reported by Cleco Corporate Holdings LLC is cascaded from its corporate family, reflecting its status as a current subsidiary. The company continues to engage in sustainability practices, although specific initiatives or pledges have not been detailed in the available information.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 9,652,974,000 | 0,000,000,000 |
| Scope 2 | 10,423,753,000 | 00,000,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Cleco Corporate Holdings LLC's Industry?
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Cleco Corporate Holdings LLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cleco Corporate Holdings LLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
