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 32 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 Scope 1, specifically from stationary combustion. The company 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, WEC Energy is targeting an 80% reduction by the end of 2030. The company’s long-term goal is to achieve net carbon neutrality in electric generation by 2050. In 2021, WEC Energy's total emissions included about 21,676,000,000 kg CO2e from Scope 1 and 82,000,000 kg CO2e from Scope 2. The commitment to significant reductions reflects WEC Energy's proactive approach to addressing climate change and aligns with industry standards for sustainability and emissions management.
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.