CenterPoint Energy
CNP
Utilities
3
exclusion reasons
2 themes
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
CenterPoint operates one of the largest natural gas distribution networks in the United States. The company has committed $19 billion to gas infrastructure through 2035, representing roughly 30% of its record $65.5 billion ten-year capital plan. Gas distribution is not a declining legacy segment — it is a co-equal growth business alongside electric operations.
CenterPoint Energy derives approximately 47% of revenue from natural gas distribution, serving over 4 million gas customers across Texas, Indiana, Ohio, and Minnesota. The company has committed $19 billion to gas infrastructure investment through 2035 — not maintaining legacy systems, but actively expanding the network. Its electric segment capex is growing faster, but this is driven by data center demand and Hurricane Beryl storm hardening, not a deliberate decarbonization strategy.
CenterPoint has no Science Based Targets initiative commitment. Its self-set net-zero target excludes Scope 3 emissions from sold gas, which is the dominant emission source for a gas distribution utility.
CenterPoint sits on the board of the American Gas Association, which opposes building electrification policy. The company is a member of ALEC and Consumer Energy Alliance. It supported Texas SB 1261, which blocks municipal greenhouse gas regulation, and Indiana PL 180, which blocks fossil gas bans.
In 2021, a CenterPoint lobbyist ghostwrote third-party comments submitted to Minnesota regulators supporting gas appliance rebates. The company acknowledged providing "guidance and sample letters." InfluenceMap assesses CenterPoint as taking "mostly negative positions on the energy transition" and "strategically advocating for fossil gas infrastructure."
Research Sources
8 organizations
Related Exclusions
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