WEC Energy Group, Inc.
Industry Group: Utilities
Country/Region: United States of America
Identifier: NYS:WEC
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 48% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 6% unregulated renewable energy.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 157 out of 648
Universe
Global Universe 6215 out of 15103
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
E.ON SE |
20
Medium
|
104 out of 648 |
Consolidated Edison, Inc. |
21.1
Medium
|
124 out of 648 |
WEC Energy Group, Inc. |
23.1
Medium
|
157 out of 648 |
Ameren Corp. |
26.2
Medium
|
224 out of 648 |
DTE Energy Co. |
31.3
High
|
355 out of 648 |
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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.
WEC Energy Group, Inc.'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.
WEC Energy Group, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for WEC Energy Group, Inc.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted WEC Energy Group, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level