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WEC Energy Group

WEC Energy Group (WEC) is a publicly listed company headquartered in the United States of America. In 2022 its revenue was USD 9.6 billion. WEC operates as an electric and natural gas delivery company. It manages electric and natural gas distribution and transmission lines, as well as power plants. WEC serves customers in the US states of Illinois, Michigan, Minnesota and Wisconsin.
Ranking position
#22 /68
Total score
33.4 /100

22.3 /60
Core social indicators
5.5 /20
Just transition
5.6 /20

ACT score components

Performance score
5.6 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank


#1 22.0 /100 #34

Material investment

#1 40.6 /100 #10

Intangible investment

#1 0.0 /100 #26

Sold products

#1 17.6 /100 #27


#1 52.4 /100 #31

Supplier engagement

#1 3.8 /100 #40

Client engagement

#1 11.3 /100 #43

Policy engagement

#1 17.0 /100 #54

Business model

#1 44.2 /100 #17
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


WEC receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. WEC’s emissions intensity for its own energy generation is not projected to decrease at the rate required by its 1.5°C pathway. Its emissions intensity associated with its purchased power for resale also did not decrease between 2017 and 2022. Moreover, it is projected to moderately exceed its 1.5°C carbon budget for the period 2022-2037 due to a continued reliance on fossil fuels. Although WEC plans to increase its renewables capacity and reduce its coal capacity, unless the company reconsiders its intention to rely on gas, it is unlikely to align with its 1.5°C pathway.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

More about the company

Milwaukee, WI, United States of America
Group revenue
US$ 9,597 million (FY2022)
Group employees
7,022 (FY2022)
Publicly listed
Installed capacity
8.6 GW
Company filing name
WEC Energy Group Inc.

This company is part of the SDG2000, the 2,000 most influential companies

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