Wec Energy
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Wec Energy's score of 16 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Wec Energy's reported carbon emissions
In 2023, WEC Energy Group reported carbon emissions of approximately 6,527,000,000 kg CO2e from Scope 1 sources, specifically from stationary combustion. This figure reflects the company's ongoing commitment to monitoring and managing its carbon footprint. Historically, WEC Energy's emissions have shown significant variation. For instance, in 2021, the company recorded about 21,676,000,000 kg CO2e in Scope 1 emissions and approximately 82,000,000 kg CO2e in Scope 2 emissions. In 2022, the Scope 1 emissions were reported at around 18,871,000,000 kg CO2e, alongside Scope 2 emissions of approximately 194,000,000 kg CO2e (market-based). Despite these figures, WEC Energy has not publicly disclosed specific reduction targets or initiatives aimed at decreasing its carbon emissions. The absence of documented reduction targets suggests that while the company is tracking its emissions, it may not have formalised commitments to reduce them in line with industry standards or frameworks such as the Science Based Targets initiative (SBTi). Overall, WEC Energy's emissions data highlights the need for ongoing efforts in carbon management and the potential for future commitments to enhance its sustainability profile.
Unlock detailed emissions data
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 | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 not committed to any reduction initiatives 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.
