ITC Holdings Corp.
Industry Group: Utilities
Country/Region: United States of America
Identifier: -
ITC Holdings Corp. is the U.S.’ only publicly traded pure-play independent electric transmission company. ITC began operations in 2003 with the acquisition of DTE Energy’s transmission system in Michigan. The company conducted an IPO in 2005. ITC has been one of the fastest-growing utilities during the last decade and now has more than 15,600 miles of high-voltage transmission lines and supporting facilities in eight U.S. states. The company owns no generation, but transmits over 26,000 megawatts of peak load on its transmission systems.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 522 out of 647
Universe
Global Universe 14155 out of 15080
What are the ESG Risk Ratings?
Notice: The information is provided as is, for informational, non-commercial purposes only, does not constitute investment advice and is subject to conditions available in our Legal Disclaimer. They are not directed to, or intended for distribution to or use by India-based clients or users and their distribution to Indian resident individuals or entities is not permitted. Usage of this information is not permitted in any way, unless otherwise agreed in writing. By way of exception, usage of this information is permitted to the rated subject, limited to a single reference to the score on the rated subject’s sustainability webpage or CSR report, mentioning Sustainalytics as a source. For referencing Sustainalytics please consult the Company Guide.
Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Eesti Energia AS |
40.9
Severe
|
509 out of 647 |
FirstEnergy Transmission LLC |
41.3
Severe
|
515 out of 647 |
ITC Holdings Corp. |
41.7
Severe
|
522 out of 647 |
Alabama Power Co. |
42
Severe
|
524 out of 647 |
Saavi Energía S de RL de CV |
42.3
Severe
|
529 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.
ITC Holdings Corp.'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.
ITC Holdings Corp.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted ITC Holdings Corp.'s ESG Risk Rating in the last three years
Highest Controversy Level