MASHINIi

Atmos Energy Corporation.

ATO.US | Manufacture of gas; distribution of gaseous fuels through mains

Atmos Energy Corporation is a natural gas-only distributor in the United States. It delivers natural gas to approximately three million customers in over 1,400 communities in eight states, primarily in the South. The company operates through two segments: Distribution and Pipeline. The Distribution ...Show More

Ethical Profile

Mixed.

Atmos Energy Corporation holds a "Mixed" ethical rating. As a natural gas distributor, the company reports a 23% reduction in methane emissions by 2023 and transports 8 billion cubic feet of renewable natural gas annually, allegedly reducing 427,000 metric tons of CO2e. Atmos Energy donated over $12 million to nonprofits in 2023, including $4 million for energy assistance. Recognized on Forbes' America’s Best Employers list for five years, 62% of 2023 new hires were minorities and women. Critics point to Glassdoor reviews citing communication issues and a reported lack of specific fair trade certifications in its supply chain.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing40
-100100
Honest & Fair Business-10
-100100
Kind to Animals0
-100100
No War, No Weapons-10
-100100
Planet-Friendly Business-20
-100100
Respect for Cultures & Communities20
-100100
Safe & Smart Tech10
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

Atmos Energy demonstrates engagement in health education through its partnership with United Way of Metropolitan Dallas, sponsoring a Reading Day event that impacted 20,000 students to promote early literacy as a determinant of health.

1
Additionally, the company supports school gardens that educate students on nutrient-rich foods and healthy habits.
2
Other initiatives, such as financial support for energy assistance and food security, while indirectly beneficial to health, did not provide sufficient quantitative data to be scored against the specific health-related KPIs in the rubric.

Fair Money & Economic Opportunity

0

Atmos Energy Corporation is a natural gas distributor and does not offer financial products or services such as lending, deposits, or insurance. Consequently, all KPIs for 'Fair Money & Economic Opportunity' are scored as 0, aligning with the rubric's 'not applicable' or 'no such services' tiers for non-financial companies. While Atmos Energy donated over $12 million to nonprofits in fiscal year 2023, including $1.5 million in utility assistance,

1
and partnered with Habitat for Humanity to build 12 zero net energy homes,
2
these activities do not constitute financial products, community finance, or direct wealth-building outcomes from financial services as defined by the specific KPIs.

Fair Pay & Worker Respect

0

No specific quantitative data was provided in the articles to assess the company against the defined KPIs for Fair Pay & Worker Respect, such as living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage. In 2023, 62% of new hires were minorities and women.

1
The workforce comprised approximately 5,000 employees, with 23% being women and 38% minorities.
2
25% of leadership positions were held by women and another 25% by minorities.
3
In 2022, Atmos Energy invested over $6 million in employee training and development
4
, highlighting the company's commitment to enhancing employee skills and career growth. Atmos Energy ranked in the top 40% on Forbes' America’s Best Employers list for the fifth year.
5
While articles mention a positive workplace culture and benefits
6
, they do not provide the specific numerical metrics required by the rubric.

Fair Trade & Ethical Sourcing

40

Atmos Energy Corporation directs at least 38% of its annual spending to small and diverse businesses.

1
This commitment is part of its participation in local hiring initiatives, such as the Mississippi Public Service Commission's Hire Mississippi program.
2

Honest & Fair Business

-10

Atmos Energy Corporation's Board of Directors includes nine out of eleven independent directors, representing approximately 81.8% of the board.

1
In fiscal year 2023, 100% of active employees completed annual Code of Conduct training, which covers topics such as conflicts of interest, fair dealing, and compliance.
2
The company also provides a confidential Compliance Helpline for employees, contractors, and the public to report concerns, with strict prohibitions against retaliation.
3

Kind to Animals

0

As a natural gas distributor, Atmos Energy Corporation's core business model does not involve animal products, animal testing, or animal agriculture, rendering most animal welfare KPIs not applicable. The company sponsored Tennessee Tree Day, which involved planting over 100,000 trees to benefit wildlife habitats

1
, and provided a $35,000 gift to establish pollinator gardens
2
. However, the provided articles do not include measurable biodiversity impact metrics or the percentage of revenue dedicated to these initiatives, which are required by the rubric to score the wildlife conservation impact KPI.

No War, No Weapons

-10

Atmos Energy Corporation, a natural gas distributor, has engaged in contracts with the Department of Defense (DoD) for providing natural gas services to military installations. These include contracts totaling $325,672 in 2015 for gas services at Goodfellow Air Force Base and a Naval facility

1
, and a $304,280 delivery order in 2005 for Fort Benning
2
. These contracts are for facility utility services and do not involve arms manufacturing or direct participation in military operations
3
. The company's core business is natural gas distribution, and there is no evidence of involvement in military or defense activities beyond these utility services
4
.

Planet-Friendly Business

-20

Atmos Energy has implemented energy efficiency programs that, in fiscal year 2023, involved 56,929 customers, conserving 2.4 million therms of natural gas

1
and avoiding 14,000 tons of CO₂ emissions.
2
The company also partners with Habitat for Humanity to construct zero net energy homes.
3

Respect for Cultures & Communities

20

Atmos Energy has no reported cultural appropriation incidents. The company conducts comprehensive environmental reviews before initiating projects to understand potential impacts on cultural resources

1
, making efforts to minimize footprints and restore affected areas post-construction
2
. This demonstrates proactive prevention for cultural incidents and protection of cultural sites. In fiscal year 2023, Atmos Energy donated over $12 million to support more than 1,400 nonprofit organizations
3
. This includes a $100,000 donation to the North Texas Food Bank in 2024
4
and a $35,000 contribution to Texas A&M University-Commerce for community gardens
5
. These contributions are part of general charitable giving and community support, not specifically focused on cultural heritage organizations.

Safe & Smart Tech

10

Atmos Energy reported no material data breaches as of 2023.

1
The company has implemented a comprehensive cybersecurity program aligned with the NIST Cybersecurity Framework, which includes continuous monitoring, risk assessments, and a cybersecurity incident response plan.
2
The Board of Directors' Audit Committee oversees cybersecurity risks, receiving regular updates from the Chief Information Officer.
3
Atmos Energy also collaborates with government officials, law enforcement, and industry peers on cyber threats.
4

Zero Waste & Sustainable Products

-30

Atmos Energy demonstrates several waste reduction and circular design initiatives. The company integrates approximately 8 billion cubic feet of Renewable Natural Gas (RNG) annually from eight active projects, capturing methane from landfills and dairy farms

1
, which reduces greenhouse gas emissions by about 427,000 metric tons of CO₂ equivalent.
2
This practice supports the circular economy by utilizing waste-derived energy sources. Additionally, Atmos Energy has constructed 17 LEED-certified buildings
3
that incorporate features like rainwater harvesting and solar panels
4
, leading to an annual reduction in water usage by 50% to 60%
5
and decreasing carbon dioxide emissions by approximately 843 metric tons.
6
The company also collaborates on 12 Zero Net Energy (ZNE) homes across eight states
7
, designed to produce as much energy as they consume.
8
Furthermore, a 460-kilowatt natural gas-powered fuel cell has been installed at its corporate data center
9
, achieving up to 90% system efficiency
10
and reducing emissions.
11

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.