WEC Energy Group, commonly referred to as WEC Energy, is a leading energy provider headquartered in the United States, with significant operations across Wisconsin, Illinois, Michigan, and Minnesota. Founded in 1896, the company has evolved into a major player in the utility industry, focusing on electric and natural gas distribution, as well as renewable energy solutions. WEC Energy Group is renowned for its commitment to sustainable energy practices, offering a diverse range of services that include electric generation, transmission, and distribution, alongside natural gas services. The company has achieved notable milestones, such as significant investments in renewable energy projects, positioning itself as a frontrunner in the transition to cleaner energy sources. With a strong market presence and a reputation for reliability, WEC Energy continues to play a vital role in powering communities while prioritising environmental stewardship.
How does Wec Energy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Natural Gas Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Wec Energy's score of 34 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, WEC Energy Group reported carbon emissions of approximately 6,527,000,000 kg CO2e from stationary combustion under Scope 1. This follows a trend of significant emissions reductions over the years, with a total of about 21,676,000,000 kg CO2e in 2021, which included both Scope 1 and Scope 2 emissions. The company has set ambitious targets to reduce carbon emissions from its generation fleet by 60% by the end of 2025 and by 80% by the end of 2030, both compared to 2005 levels. WEC Energy is committed to achieving net carbon neutrality in its electric generation by 2050, reflecting a long-term strategy to address climate change. The company has actively engaged with stakeholders, including regulatory agencies and environmental groups, to meet these goals. Overall, WEC Energy's climate commitments demonstrate a proactive approach to reducing its carbon footprint and contributing to global sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2005 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 35,700,000,000 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 |
Scope 2 | - | - | - | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | - |
Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 | 00,000,000,000 | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Wec Energy is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.