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Xcel Energy

Xcel Energy Inc. is a publicly listed electricity and natural gas company headquartered in Minnesota, USA. In 2019, its revenue was US$11.53 billion and installed capacity was 18.73 GW. Operating entirely domestically, Xcel Energy powers millions of homes and businesses across eight Western and Midwestern states.

Ranking position
#8/50
Performance score
12.7 /20
Narrative Score
C
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)

Targets

2.9 / 4.0 #5

Material Investment

5.9 / 7.0 #4

Intangible Investment

0.0 / 2.0 #19

Management

2.8 / 4.0 #7

Policy Engagement

0.4 / 1.0 #26

Business Model

0.8 / 2.0 #38
Total 12.7 / 20 #8

Leading practices

Risk and opportunities

Trend

Xcel Energy is awarded a trend score of +. If the company were reassessed in the near future, its score would likely improve. It achieved a 10% drop in emissions in 2019, and it is rolling out one of the largest wind programmes in the US, which will lead to a 70% increase in wind power by 2022. Xcel Energy prides itself on its climate leadership in the US. If it intends to achieve its target of zero carbon by 2050, it will need to step up the resources invested in R&D.

Progress towards the Paris Agreement

More about the company

Headquarters
Minneapolis, Minnesota, USA
Ownership structure
Publicly listed
Group revenue
US$11.53 billion (2019)
Installed capacity
18.73 GW (2019)
Website
https://www.xcelenergy.com/