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 12 is higher than 65% 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 total carbon emissions of approximately 16,455,000,000 kg CO2e, with Scope 1 emissions primarily from stationary combustion amounting to about 6,527,000,000 kg CO2e. The company has shown a significant reduction in emissions over the years, decreasing from approximately 33,334,000,000 kg CO2e in 2017 to the latest figure. In 2022, WEC Energy's total emissions were about 18,257,000,000 kg CO2e, with Scope 1 emissions at approximately 18,871,000,000 kg CO2e. The company has also reported Scope 2 emissions of around 194,000,000 kg CO2e, indicating a focus on reducing emissions from purchased electricity. Despite the reductions, WEC Energy has not publicly disclosed specific reduction targets or commitments under initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while the company is actively reducing emissions, it may not have formalised its climate commitments in line with industry standards. Overall, WEC Energy's emissions data reflects a trend towards lower carbon outputs, aligning with broader industry efforts to mitigate climate change impacts.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 committed to some 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.
