Xcel Energy, Inc.
Industry Group: Utilities
Country/Region: United States of America
Identifier: NAS:XEL
Xcel Energy manages utilities serving 3.8 million electric customers and 2.2 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy suppliers in the US with more than half of its electricity sales coming from carbon-free energy.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 232 out of 647
Universe
Global Universe 8586 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Exelon Corp. |
18.8
Low
|
84 out of 647 |
E.ON SE |
20.2
Medium
|
107 out of 647 |
Consolidated Edison, Inc. |
21.1
Medium
|
129 out of 647 |
ENGIE SA |
24.9
Medium
|
198 out of 647 |
Xcel Energy, Inc. |
26.6
Medium
|
232 out of 647 |
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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.
Xcel Energy, 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.
Xcel Energy, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Xcel Energy, 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 Xcel Energy, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level