WEC Energy Group Inc 2024 SR
The report outlines WEC Energy Group's progress toward its goal of net carbon neutral electric generation by 2050, highlighting a 56% reduction in CO2 emissions since 2005. Key achievements in 2024 include the retirement of older coal units, the addition of solar and natural gas capacity, and the completion of two liquefied natural gas facilities to support reliability. The company plans to invest $9.1 billion in renewable energy through 2029, quadrupling its carbon-free generation. Additionally, the report details extensive biodiversity efforts, including the conservation of over 72,000 acres of habitat, and a strong focus on safety, marking 14 years without a fatality.
Company: WEC Energy Group Inc
Sector: Utilities
Country: United States
Year: 2024
Type: SR
Pages: 83
WEC Energy Group Inc
Corporate Responsibility Report
The report outlines WEC Energy Group's progress toward its goal of net carbon neutral electric generation by 2050, highlighting a 56% reduction in CO2 emissions since 2005. Key achievements in 2024 include the retirement of older coal units, the addition of solar and natural gas capacity, and the completion of two liquefied natural gas facilities to support reliability. The company plans to invest $9.1 billion in renewable energy through 2029, quadrupling its carbon-free generation. Additionally, the report details extensive biodiversity efforts, including the conservation of over 72,000 acres of habitat, and a strong focus on safety, marking 14 years without a fatality.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Jun 1, 2025
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 1:
Scope 3:
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees