UIL Holdings Corporation Sustainability Profile
UIL Holdings Corporation, a prominent player in the energy sector, is headquartered in the United States and primarily operates in the northeastern region. Founded in 1999, UIL has established itself as a key provider of utility services, focusing on electricity and natural gas distribution. The company is known for its commitment to delivering reliable energy solutions while prioritising sustainability and customer satisfaction. UIL's core offerings include electric and gas utility services, which are distinguished by their innovative approach to energy management and infrastructure development. With a strong market position, UIL Holdings has achieved notable milestones, including significant investments in renewable energy initiatives. As a trusted name in the utility industry, UIL continues to enhance its service delivery, ensuring a resilient energy future for its customers.
DitchCarbon Score
How does UIL Holdings Corporation'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
UIL Holdings Corporation's score of 86 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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UIL Holdings Corporation, headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Avangrid, Inc., which is part of the Iberdrola, S.A. corporate family. As such, UIL Holdings may inherit climate commitments and targets from these parent organisations. UIL Holdings Corporation's climate initiatives are influenced by the sustainability strategies of Iberdrola, S.A., which has established science-based targets (SBTi) and other climate pledges aimed at reducing greenhouse gas emissions. However, specific reduction targets or achievements for UIL Holdings itself have not been disclosed. As a subsidiary, UIL Holdings is expected to align with the broader climate commitments of its parent companies, which include initiatives under the Carbon Disclosure Project (CDP) and the Climate Pledge. These initiatives focus on significant reductions in carbon emissions across various scopes, although specific figures for UIL Holdings are not provided. In summary, while UIL Holdings Corporation is part of a larger corporate structure with ambitious climate goals, it currently lacks specific emissions data and reduction targets at the subsidiary level.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 295,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
| Scope 2 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is UIL Holdings Corporation's Industry?
How Carbon Intensive is UIL Holdings Corporation's Location?
UIL Holdings Corporation's Scope 3 Categories Breakdown
UIL Holdings Corporation's Scope 3 emissions, which decreased by 20% last year and increased by approximately 15% since 2015, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 73% of total emissions under the GHG Protocol, with "Fuel and Energy Related Activities" being the largest emissions source at 53% of Scope 3 emissions.
Top Scope 3 Categories
UIL Holdings Corporation'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.
UIL Holdings Corporation 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.
