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Company ESG Risk Ratings

WEC Energy Group, Inc.

Industry Group: Utilities

Country/Region: United States of America

Identifier: NYS:WEC

Full time employees: 7,000

ESG Risk Rating

Comprehensive
23.1
Medium Risk
0-10
10-20
20-30
30-40
40+

Ranking

Industry Group (1st = lowest risk)

Utilities 158 out of 647


Universe

Global Universe 6346 out of 15080


Last Full Update: May 17, 2024
Last Update: Nov 12, 2024

What are the ESG Risk Ratings?

Compare WEC Energy Group, Inc. with other industry peers.

Industry Comparison

Company ESG Risk Rating Industry Rank
Ørsted A/S
15.6
 
 
 
 
 
Low
46 out of 647
Consolidated Edison, Inc.
21.1
 
 
 
 
 
Medium
129 out of 647
WEC Energy Group, Inc.
23.1
 
 
 
 
 
Medium
158 out of 647
DTE Energy Co.
31.3
 
 
 
 
 
High
354 out of 647
Dubai Electricity & Water Authority
31.8
 
 
 
 
 
High
364 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.

WEC Energy Group, Inc.'s Exposure is High

Low
Medium
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

Weak
Average
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.

blurred material ESG 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

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Contributing Events

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Highest Controversy Events Locations

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Get in Touch Contact us to learn more about our Controversies Research Report

Learn how the ESG Risk Ratings are used by our clients

Corporates

Leverage Sustainalytics' ESG Risk Ratings to understand and promote your corporate ESG performance with internal and external stakeholders.

Banks and Lenders

Banks and lenders can use our ESG Risk Ratings and data as a part of a broader analysis of their clients as well as for innovative product solutions such as sustainability linked loans.

Investors

The ESG Risk Ratings can help investors to identify, understand and manage ESG risks at the security and portfolio level with the aim of improving the long-term performance of their equity and fixed income securities.