Florida Power & Light Co.
Industry Group: Utilities
Country/Region: United States of America
Identifier: -
Florida Power & Light Co (FPL) is an electric utility company engaged in the generation, transmission, distribution, and sale of electric energy in Florida. It serves and sells power, providing clean, affordable, reliable electricity to customers. It generates electricity from a mix of fuel sources: purchased power, solar, nuclear, and Natural gas. The company also operates as a retail gas business and serves residential and commercial natural gas customers in southern Florida with natural gas distribution pipelines. FPL's primary source of operating revenues is from its retail customer base; it also serves a limited number of wholesale customers within Florida.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 186 out of 647
Universe
Global Universe 7025 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Samruk-Energy JSC |
23.7
Medium
|
168 out of 647 |
The Cleveland Electric Illuminating Co. |
23.7
Medium
|
170 out of 647 |
Florida Power & Light Co. |
24.2
Medium
|
186 out of 647 |
Progress Energy, Inc. |
24.5
Medium
|
195 out of 647 |
Adani Electricity Mumbai Ltd. |
25.1
Medium
|
209 out of 647 |
For corporate professionals interested in direct competitor insights
Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
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.
Florida Power & Light Co.'s Exposure is High
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.
Florida Power & Light Co.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Florida Power & Light Co.'s ESG Risk Rating in the last three years
Highest Controversy Level