ALLETE, Inc.
Industry Group: Utilities
Country/Region: United States of America
Identifier: NYS:ALE
ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 382 out of 647
Universe
Global Universe 11916 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Enel Chile SA |
16.1
Low
|
50 out of 647 |
| Energisa SA |
29.6
Medium
|
315 out of 647 |
| ALLETE, Inc. |
32.8
High
|
382 out of 647 |
| TXNM Energy, Inc. |
33.9
High
|
401 out of 647 |
| Beijing Jingneng Power Co., Ltd. |
52.3
Severe
|
610 out of 647 |
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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?
Controversy Rating
Highest Controversy level that has impacted ALLETE, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
