Minnesota Power, Inc. Sustainability Profile
Minnesota Power, Inc., a subsidiary of Allete, Inc., is a prominent utility company headquartered in Duluth, Minnesota, serving the northern regions of the state. Established in 1906, Minnesota Power has evolved into a key player in the energy sector, focusing on the generation, transmission, and distribution of electricity. The company is renowned for its commitment to sustainable energy solutions, offering a diverse portfolio that includes hydroelectric, wind, and solar power. Minnesota Power's unique approach to integrating renewable energy sources has positioned it as a leader in the transition towards a cleaner energy future. With a strong emphasis on community engagement and environmental stewardship, Minnesota Power has achieved notable milestones, including significant investments in renewable energy infrastructure. Its dedication to innovation and reliability continues to enhance its market position within the utility industry.
DitchCarbon Score
How does Minnesota Power, Inc.'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 Distribution 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
Minnesota Power, Inc.'s score of 10 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Minnesota Power, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of ALLETE, Inc., which may influence its climate commitments and reporting. While there are no documented reduction targets or specific climate pledges from Minnesota Power, it is important to note that emissions data and performance metrics may be inherited from its parent company, ALLETE, Inc. This relationship suggests that Minnesota Power's climate initiatives could align with ALLETE's broader sustainability goals. As a current subsidiary, Minnesota Power may benefit from ALLETE's strategies and initiatives aimed at reducing carbon emissions, although specific details on these initiatives are not provided. The absence of direct emissions data and reduction targets highlights a potential area for improvement in transparency and accountability regarding climate commitments. In summary, while Minnesota Power, Inc. does not currently report specific emissions data or reduction targets, its affiliation with ALLETE, Inc. may play a significant role in shaping its climate strategy and commitments in the future.
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| 2005 | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | 10,199,302,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - |
How Carbon Intensive is Minnesota Power, Inc.'s Industry?
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Minnesota Power, Inc.'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.
Minnesota Power, Inc. 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.
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