WEC Energy Group Inc. 2022 SR
The report details WEC Energy Group's 2022 ESG performance, highlighting its 2023-2027 ESG Progress Plan with a $20.1 billion investment strategy focused on renewables and grid modernization. Key achievements include a 48% reduction in carbon emissions from 2005 levels and a commitment to eliminate coal by 2035. The company launched innovative hydrogen and long-duration battery storage pilots and joined the Nationwide CCAA for Monarch Butterfly. Financially, it achieved record net income and its 19th consecutive dividend increase. Socially, it reached its best-ever safety record for DART cases and contributed $20.6 million to community nonprofits.
Company: WEC Energy Group Inc.
Sector: Energy utilities
Country: United States
Year: 2022
Type: SR
Pages: 92
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WEC Energy Group Inc.
Corporate Responsibility Report
The report details WEC Energy Group's 2022 ESG performance, highlighting its 2023-2027 ESG Progress Plan with a $20.1 billion investment strategy focused on renewables and grid modernization. Key achievements include a 48% reduction in carbon emissions from 2005 levels and a commitment to eliminate coal by 2035. The company launched innovative hydrogen and long-duration battery storage pilots and joined the Nationwide CCAA for Monarch Butterfly. Financially, it achieved record net income and its 19th consecutive dividend increase. Socially, it reached its best-ever safety record for DART cases and contributed $20.6 million to community nonprofits.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Jun 1, 2023
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
Emissions
Scope 1:
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees