Progress Energy, Inc.
Industry Group: Utilities
Country/Region: United States of America
Identifier: -
Progress Energy is a holding company providing electricity generation, transmission, and distribution through its regulated electric utility operating companies in North Carolina, South Carolina, and Florida. Its operating companies are Carolina Power & Light, which serves 1.5 million customers, and Florida Power, which serves 1.6 million customers.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 195 out of 647
Universe
Global Universe 7230 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
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 |
SP Manweb Plc |
25.4
Medium
|
213 out of 647 |
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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.
Progress 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.
Progress Energy, Inc.'s Management of ESG Material Risk is Strong