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NextEra Energy

NextEra Energy, Inc. is a publicly listed energy company headquartered in Florida, USA, with assets and operations in various US states. In 2019, it had a revenue of US$19.2 billion and installed capacity of 49.3 GW. NextEra owns the largest rate-regulated electric utility in the USA. NextEra's structure is split between its low-carbon subsidiary (NextEra Energy Resources) and its more traditional fossil fuel subsidiary (Florida Power & Light Company).

Ranking position
#33/50
Performance score
5.5 /20
Narrative Score
D
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)

Targets

0.0 / 4.0 #33

Material Investment

3.6 / 7.0 #14

Intangible Investment

0.0 / 2.0 #19

Management

0.4 / 4.0 #40

Policy Engagement

0.3 / 1.0 #37

Business Model

1.3 / 2.0 #23
Total 5.5 / 20 #33

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

NextEra is awarded a trend score of -. If the company were reassessed in the near future, its score would likely worsen. While it has achieved successful emissions reductions in the past, the lack of a credible target indicates that there are no mechanisms in place to continue driving the necessary emissions reductions. Moreover, a continued reliance on gas means that projected emissions reductions will fail to keep pace with the rate of reductions required by the company’s well-below 2-degree pathway for emissions intensity. The lack of a comprehensive transition plan and scenario analysis suggests the company will fall further behind on its low-carbon pathway.

Progress towards the Paris Agreement

More about the company

Headquarters
Juno Beach, Florida, USA
Ownership structure
Publicly listed
Group revenue
US$19.2 billion (2019)
Installed capacity
49.3 GW (2019)
Website
http://www.nexteraenergy.com/