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 70% 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 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.
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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.
