WEC Energy Group Inc 2020 SR
The report outlines WEC Energy Group's ESG performance for 2020, highlighting its leadership in decarbonization with new targets to reduce carbon emissions from electric generation by 60% by 2025 and 80% by 2030. The company also committed to achieving net-zero methane emissions across its natural gas distribution operations by 2030 and remains on track for net-zero carbon generation by 2050. Key achievements include investing $1.2 billion in wind farm development through 2020 and providing $20 million in community support, including COVID-19 relief. The report also details progress in infrastructure modernization, such as the System Modernization Program in Chicago and the burial of electric lines in Wisconsin to enhance reliability.
Company: WEC Energy Group Inc
Sector: Utilities
Country: United States
Year: 2020
Type: SR
Pages: 90
WEC Energy Group Inc
Corporate Responsibility Report
The report outlines WEC Energy Group's ESG performance for 2020, highlighting its leadership in decarbonization with new targets to reduce carbon emissions from electric generation by 60% by 2025 and 80% by 2030. The company also committed to achieving net-zero methane emissions across its natural gas distribution operations by 2030 and remains on track for net-zero carbon generation by 2050. Key achievements include investing $1.2 billion in wind farm development through 2020 and providing $20 million in community support, including COVID-19 relief. The report also details progress in infrastructure modernization, such as the System Modernization Program in Chicago and the burial of electric lines in Wisconsin to enhance reliability.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Jun 1, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees