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WEC Energy Group, commonly referred to as WEC Energy, is a prominent American utility company headquartered in the United States. Established in 1896, the company has a long-standing history in the energy sector, primarily focusing on natural gas services and related extraction activities, excluding surveying. WEC Energy operates across key regions, delivering reliable natural gas supply and infrastructure services to residential, commercial, and industrial customers.
As a leader in the natural gas industry, WEC Energy distinguishes itself through its commitment to safety, innovation, and sustainable energy solutions. Its core offerings include natural gas distribution, transmission, and related services, making it a vital player in the US energy landscape. With a strong market position and a track record of growth, WEC Energy continues to advance its mission of providing clean, efficient energy to its communities.
33
DitchCarbon score
+14 vs industry average
Wec Energy’s score of 33 is higher than 58% 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
Very High
Natural Gas Extraction is among the most carbon-intensive industries
Industry performance
0.868
20182025
The Natural Gas Extraction industry has reduced its overall emissions by 16% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Wec Energy's reported carbon emissions
WEC Energy, headquartered in the US and operating in the natural gas and related services industry, reported its Scope 1 emissions for 2024 as approximately 19.06 billion kg CO2e, and its Scope 2 emissions (market-based) as about 162.99 million kg CO2e.
WEC Energy is committed to various climate initiatives, including a long-term goal to achieve net carbon neutrality for its electric generation by 2050 for both Scope 1 and Scope 2 emissions. The company also has several near-term absolute reduction targets. For its generation fleet, WEC Energy aims to reduce carbon emissions by 60% below 2005 levels by the end of 2025, and an 80% reduction by the end of 2030. Furthermore, WEC Energy has set a goal to achieve net-zero methane emissions from natural gas distribution by the end of 2030.
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Wec Energy’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Wec Energy6 months ago
33
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