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
- Total score
- 12.7/20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
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/