ALLETE Inc

Common Name
ALLETE
Country
United States
Sector
Utilities
Industry
Utilities - Diversified
Employees
1,610
Ticker
ALE
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Allete Inc. is a diversified energy company primarily engaged in the generation, transmission, and distribution of electricity across several regions in the United States. The company serves both resi...

ALLETE's GHG Emissions Data Preview

In 2023, ALLETE completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 3 (indirect emissions across the value chain).

ALLETE has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind ALLETE’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore ALLETE’s data sources below and access millions more through our Disclosure Search.

a. ALLETE's Sustainability Report 2024
a. ALLETE's Sustainability Report 2024
b. ALLETE's Sustainability Report 2023
b. ALLETE's Sustainability Report 2023
c. ALLETE's CSR Report 2021
c. ALLETE's CSR Report 2021

Insights into ALLETE's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of ALLETE amounted to 4,288,000 metric tons of CO2 equivalent. This figure reflects direct emissions from owned or controlled sources (Scope 1). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of ALLETE decreased by 12.02%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

ALLETE's Scope 1 Emissions Over Time

201920202022202301.5 M3 M4.5 M6 MtCO2e+191%+38%-12%
  • Total Scope 1
  • Year-over-Year Change

What are ALLETE's Scope 1 emissions?

In 2023, the total Scope 1 emissions of ALLETE were 4,288,000 metric tons of CO₂ equivalent (tCO₂e). a

Has ALLETE reduced its Scope 1 emissions over time?

Since 2019, ALLETE's Scope 1 emissions have increased by 253.43%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2022), ALLETE's Scope 1 emissions decreased by 12.02%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

Insights into ALLETE's Value Chain Emissions

In 2023, ALLETE reported 2,209,760 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of ALLETE includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

ALLETE's Scope 3 Emissions Over Time

202220230600 k1.2 M1.8 M2.4 MtCO2e+22%
  • Total Scope 3
  • Year-over-Year Change

What are ALLETE's Scope 3 emissions?

In 2023, ALLETE reported total Scope 3 emissions of 2,209,760 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), ALLETE's Scope 3 emissions increased by 22.09%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does ALLETE disclose?

In 2023, ALLETE reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of ALLETE's Scope 3 emissions?

In 2023, the largest contributors to ALLETE's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 2,209,760 tCO₂e (100%)

ALLETE's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(100.0%)

Insights into ALLETE’s GHG Emissions Intensity Compared to Industry Peers

In 2023, ALLETE reported Scope 1 greenhouse gas (GHG) emissions of 4,288,000 tCO₂e and total revenues of USD 1,880 millions. This translates into an emissions intensity of 2,281.09 tCO₂e per millions USD. a

ALLETE's Scope 1 Emissions Intensity Compared to Peers

1,00020,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)California Water Service GroupYear: 2023Scope 1: 8,210 tCO2eRevenue: $M 795Scope 1 Intensity: 10.33 tCO2e/$MChesapeake UtilitiesYear: 2023Scope 1: 192,505 tCO2eRevenue: $M 671Scope 1 Intensity: 287.06 tCO2e/$MMGE EnergyYear: 2023Scope 1: 1,637,171 tCO2eRevenue: $M 690Scope 1 Intensity: 2,371.23 tCO2e/$MUGIYear: 2023Scope 1: 1,070,316 tCO2eRevenue: $M 8,928Scope 1 Intensity: 119.88 tCO2e/$MAmerican Water WorksYear: 2024Scope 1: 69,363 tCO2eRevenue: $M 4,684Scope 1 Intensity: 14.81 tCO2e/$MOrmat TechnologiesYear: 2023Scope 1: 171,778 tCO2eRevenue: $M 829Scope 1 Intensity: 207.11 tCO2e/$MNextera EnergyYear: 2023Scope 1: 42,278,597 tCO2eRevenue: $M 28,114Scope 1 Intensity: 1,503.83 tCO2e/$MConstellation EnergyYear: 2023Scope 1: 9,679,181 tCO2eRevenue: $M 24,918Scope 1 Intensity: 388.44 tCO2e/$MSempraYear: 2023Scope 1: 6,800,000 tCO2eRevenue: $M 16,720Scope 1 Intensity: 406.70 tCO2e/$MAvistaYear: 2022Scope 1: 2,458,675 tCO2eRevenue: $M 1,710Scope 1 Intensity: 1,437.65 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MBlack HillsYear: 2023Scope 1: 4,512,017 tCO2eRevenue: $M 2,331Scope 1 Intensity: 1,935.41 tCO2e/$MDominion EnergyYear: 2023Scope 1: 29,500,000 tCO2eRevenue: $M 14,393Scope 1 Intensity: 2,049.61 tCO2e/$MPSEGYear: 2023Scope 1: 549,002 tCO2eRevenue: $M 11,237Scope 1 Intensity: 48.86 tCO2e/$MHawaiian Electric IndustriesYear: 2023Scope 1: 4,418,816 tCO2eRevenue: $M 3,682Scope 1 Intensity: 1,200.06 tCO2e/$MNew Jersey ResourcesYear: 2023Scope 1: 50,068 tCO2eRevenue: $M 1,963Scope 1 Intensity: 25.51 tCO2e/$MClearway EnergyYear: 2023Scope 1: 540,000 tCO2eRevenue: $M 1,314Scope 1 Intensity: 410.96 tCO2e/$MONE GasYear: 2023Scope 1: 417,058 tCO2eRevenue: $M 2,372Scope 1 Intensity: 175.83 tCO2e/$MAESYear: 2023Scope 1: 33,401,000 tCO2eRevenue: $M 12,668Scope 1 Intensity: 2,636.64 tCO2e/$MXcel EnergyYear: 2023Scope 1: 36,180,000 tCO2eRevenue: $M 14,206Scope 1 Intensity: 2,546.81 tCO2e/$MBrookfield RenewableYear: 2024Scope 1: 134,654 tCO2eRevenue: $M 4,142Scope 1 Intensity: 32.51 tCO2e/$MIdacorpYear: 2024Scope 1: 4,130,000 tCO2eRevenue: $M 1,827Scope 1 Intensity: 2,260.99 tCO2e/$MEversource EnergyYear: 2023Scope 1: 158,122 tCO2eRevenue: $M 11,911Scope 1 Intensity: 13.28 tCO2e/$MALLETEYear: 2023Scope 1: 4,288,000 tCO2eRevenue: $M 1,880Scope 1 Intensity: 2,281.09 tCO2e/$M

How does ALLETE's GHG emissions intensity compare to its peers?

In 2023, ALLETE reported a Scope 1 emissions intensity of 2,281.09 tCO₂e per millions USD. Compared to the peer group median of 406.7 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does ALLETE rank on GHG emissions intensity within its industry?

In 2023, ALLETE ranked 20 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places ALLETE among the least efficient performers, with one of the highest emissions intensities in its sector. a

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