MGE Energy, Inc.
Industry Group: Utilities
Country/Region: United States of America
Identifier: NAS:MGEE
MGE Energy Inc is a U.S. public utilities holding company based in Wisconsin. The firm generates, purchases, and distributes electricity and natural gas, and also provides transmission services, the company generates electricity from coal and purchased power, but also from natural gas, fuel oil, and renewable sources. MGE operates through five segments, which include Regulated electric utility operations, Regulated gas utility operations, Non-regulated energy operations, Transmission investments, and All other segments which include investing in companies and property and financing the regulated operations. The majority of electric retail revenue is derived from commercial consumers whereas the majority of natural gas revenue is derived from residential consumers.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 290 out of 682
Universe
Global Universe 10369 out of 16216
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Atlantica Sustainable Infrastructure Plc |
11.8
Low
|
16 out of 682 |
MGE Energy, Inc. |
28.1
Medium
|
290 out of 682 |
CESC Ltd. |
32.3
High
|
390 out of 682 |
SPIC Industry-Finance Holdings Co., Ltd. |
51.9
Severe
|
640 out of 682 |
An Hui Wenergy Co., Ltd. |
53.6
Severe
|
653 out of 682 |
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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.
MGE Energy, Inc.'s Exposure is Medium
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.
MGE Energy, Inc.'s Management of ESG Material Risk is Strong