Public Profile

Allete

Allete, Inc., a prominent player in the energy sector, is headquartered in Duluth, Minnesota, and operates primarily across the United States. Founded in 1906, the company has evolved significantly, focusing on sustainable energy solutions and utility services. Allete is renowned for its commitment to clean energy, particularly through its subsidiary, Minnesota Power, which provides electricity to a diverse customer base in northern Minnesota. The company’s core offerings include electric and natural gas services, as well as renewable energy projects, such as wind and solar power. Allete's dedication to innovation and sustainability has positioned it as a leader in the transition to a cleaner energy future. With a strong market presence and a history of strategic growth, Allete continues to achieve notable milestones in the energy industry, reinforcing its reputation as a forward-thinking utility provider.

DitchCarbon Score

How does Allete'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.

17

Industry Average

Mean score of companies in the Electricity from Other Sources 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.

25

Industry Benchmark

Allete's score of 17 is lower than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.

25%

Allete's reported carbon emissions

In 2022, Allete reported total carbon emissions of approximately 2,725,923,000 kg CO2e, with Scope 1 emissions at about 30,153,490 kg CO2e and Scope 2 emissions at approximately 14,501,040 kg CO2e. The company's emissions have seen a significant reduction from 2018, when total emissions were about 4,422,373,000 kg CO2e, and from 2019, which recorded approximately 1,213,269,000 kg CO2e. In 2021, Allete's total emissions were around 2,788,434,000 kg CO2e, with Scope 1 and 2 emissions combined at approximately 45,555,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. For 2023, emissions data is not yet available, but the company reported a total owned generation CO2e emissions intensity of 483.0 kg CO2e per MWh. Looking ahead to 2024, Allete anticipates Scope 1 emissions of about 29,828,700 kg CO2e and Scope 2 emissions of approximately 13,998,180 kg CO2e. Overall, Allete's emissions trajectory indicates a focus on sustainability, although further details on specific climate commitments or reduction targets are not provided.

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202120222024
Scope 1
-
00,000,000
00,000,000
Scope 2
-
00,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Allete's primary industry is Electricity nec, which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Allete is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Allete is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers