WEC Energy Group, Inc.
Industry Group: Utilities
Country/Region: United States of America
Identifier: NYS:WEC
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in its Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 5% unregulated renewable generation.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 235 out of 705
Universe
Global Universe 8968 out of 15518
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Naturgy Energy Group SA |
19.5
Low
|
74 out of 705 |
| Public Service Enterprise Group, Inc. |
27.2
Medium
|
227 out of 705 |
| WEC Energy Group, Inc. |
27.5
Medium
|
235 out of 705 |
| Constellation Energy Corp. |
32.7
High
|
369 out of 705 |
| ACWA Power Co. |
36.9
High
|
485 out of 705 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for WEC Energy Group, Inc.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted WEC Energy Group, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
