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OrganisationsUIL Holdings Corporation
UIL Holdings Corporation logo

UIL Holdings Corporation

Electricity DistributionUnited States
Last verified 9 months agouil.com

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.

44
DitchCarbon score

+30 vs industry average

UIL Holdings Corporation’s score of 44 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very High

Electricity Distribution is among the most carbon-intensive industries

Industry performance

2.262
20192024

The Electricity Distribution industry has reduced its overall emissions by 31% since 2019

Reported emissions

No reported emissions data is available for UIL Holdings Corporation yet.

UIL Holdings Corporation's reported carbon emissions

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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UIL Holdings Corporation’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for UIL Holdings Corporation yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

Inherited from Iberdrola, S.A.
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Not active
CDP

Carbon Disclosure Project

Inherited from Avangrid, Inc.
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Active
THE CLIMATE PLEDGE

The Climate Pledge

Inherited from Iberdrola, S.A.
See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from Iberdrola, S.A.
See details
Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

Inherited from Iberdrola, S.A.
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Not active

Emissions comparison with industry peers

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No peer comparison is available for UIL Holdings Corporation yet.

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See our License Agreement for more details.

Where does DitchCarbon
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Ditchcarbonv260709.1
[email protected]+44 203 475 7875

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