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.
+14 vs industry average
Wec Energy’s score of 32 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Natural Gas Extraction is among the most carbon-intensive industries
Industry performance
The Natural Gas Extraction industry has reduced its overall emissions by 99% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Wec Energy's reported carbon emissions
In 2024, WEC Energy Group reported total carbon emissions of approximately 19.1 billion kg CO2e, comprising 19.1 billion kg CO2e from Scope 1 emissions and about 162.9 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. WEC Energy Group has set ambitious climate commitments, aiming for a 60% reduction in carbon emissions from its generation fleet by the end of 2025, compared to 2005 levels. Furthermore, the company has a long-term goal to achieve net carbon neutrality by 2050 for its electric generation operations. This commitment encompasses both Scope 1 and Scope 2 emissions. The company’s reduction initiatives include a strategic plan to work with various stakeholders to meet these targets, reflecting its dedication to environmental stewardship and sustainable practices.
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Wec Energy’s Climate Goals (2030 & 2050)
11 goals2050
80% reduction in Scope 1
We have considered further emission reductions and arrived at a new long-term goal of achieving low-carbon operations by 2050, namely to red…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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