WEC Energy Group Inc 2023 SR
The report highlights WEC Energy Group's 2023 progress toward its goal of net-zero methane emissions by 2030 and net-carbon neutral electric generation by 2050. The company achieved a 54% reduction in carbon dioxide emissions from 2005 levels and accelerated its plan to exit coal generation by 2032. Significant investments were made in renewable energy, including the completion of Wisconsin's largest solar project, and the modernization of natural gas infrastructure with new liquefied natural gas facilities. Socially, the company contributed $20.7 million to community nonprofits and maintained a strong focus on employee safety, marking 13 years without a fatality.
Company: WEC Energy Group Inc
Sector: Utilities
Country: United States
Year: 2023
Type: SR
Pages: 87
WEC Energy Group Inc
Corporate Responsibility Report
The report highlights WEC Energy Group's 2023 progress toward its goal of net-zero methane emissions by 2030 and net-carbon neutral electric generation by 2050. The company achieved a 54% reduction in carbon dioxide emissions from 2005 levels and accelerated its plan to exit coal generation by 2032. Significant investments were made in renewable energy, including the completion of Wisconsin's largest solar project, and the modernization of natural gas infrastructure with new liquefied natural gas facilities. Socially, the company contributed $20.7 million to community nonprofits and maintained a strong focus on employee safety, marking 13 years without a fatality.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jun 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees