Fair Money & Economic Opportunity

EVgo implements dynamic pricing algorithms, resulting in a 38% increase for 70 kWh charging during peak hours (1pm-9pm at ~$48) compared to off-peak hours (midnight-6am at ~$35).

The company's CEO stated the goal of this strategy is to maximize margins, and this dynamic pricing is expected to exacerbate confusion and potential surprise pricing for drivers, particularly impacting low-income individuals. EVgo has a strong focus on geographic inclusion, with over 80% of Californians living within a 10-mile drive of an EVgo fast charger. The company's network spans 47 states, and it has installed chargers in specific low-income areas like Compton and Inglewood, California. The Fast Charge California Project and a $1.05 billion loan guarantee prioritize or plan for a significant portion of charging infrastructure in disadvantaged communities, tribal areas, and low-income communities, with over 40% of planned 3,500+ fast chargers to be located in such areas.

Fair Pay & Worker Respect

In 2023, EVgo's CEO pay was $11,300,295, while the average worker pay was $65,470, resulting in a CEO to average worker pay ratio of approximately 172.60:1.

Additionally, there is no public record of labor-law breaches, regulatory actions, violations, or fines for EVgo or its vendors.

Planet-Friendly Business

EVgo matches 100% of the electricity consumed on its network with renewable energy certificates (RECs).

This commitment was announced in May 2019 and includes Green-e® certified wind and solar energy, with 100% solar RECs procured in California. In 2023, EVgo powered over 395 million electric miles, reducing more than 150,000 metric tons of CO2. By 2024, this increased to over 860 million EV miles powered and more than 340,000 metric tons of CO2 reduced. The company recovered over 2,000 lbs of toxic metals and 25,000 lbs of other metals in 2023.

Respect for Cultures & Communities

The provided articles indicate that EVgo's network planning incorporates EJScreen data to prioritize locations in environmental justice (EJ) communities.

As of September 30, 2023, over 50% of EVgo's stalls, or 44% of its network (approximately 1,350 operational stalls), serve EJ impacted communities. In the Denver metro area, 88% of operational stations are within impacted communities. EVgo also partnered with GRID Alternatives to provide subsidized charging for low-income drivers in California and with the Latino Environmental Advancement & Policy Institute (LEAP) for the Green Raiteros ridesharing program. However, the articles do not provide specific quantitative data for other community engagement metrics, such as revenue reinvested locally, local employment ratios, cultural impact assessments, or grievance mechanisms, that align with the defined thresholds in the rubric.

Safe & Smart Tech

EVgo states that no material cybersecurity incidents have been reported to date.

However, a material weakness in internal controls over financial reporting related to information and communication processes was identified in 2024. The company's privacy policy indicates that user data is retained as long as the account is active or legally required, which suggests a long retention period. A lack of encryption standards in OCPP implementations is highlighted as a vulnerability, though EVgo is actively testing and deploying ISO 15118-2 compliant certificates for secure charging. The company states it conducts regular security scans for vulnerabilities. Users can access, edit, and delete some personal information through account settings, but the extent of control is not fully detailed. EVgo states compliance with CCPA and other relevant regulations, and its policies are aligned with the NIST Cybersecurity Framework, but specific compliance details or audit results are not provided.

Zero Waste & Sustainable Products

EVgo ships all retired chargers to Homeboy Electronics Recycling, an R2 certified recycler, for parts harvesting, reuse, and recycling, indicating 100% coverage for their primary product at end-of-life.

The company reuses parts wherever possible and recycles valuable materials from retired chargers, demonstrating the application of circular design principles. EVgo's primary waste reduction initiative is its end-of-life charger recycling program, which diverted 5,391 lbs of toxic metals and recovered 63,324 lbs of other metals in 2024. The company's hazardous waste management includes diverting over 5,000 lbs of toxic metals in 2024 through these recycling efforts. EVgo has a strong supply chain management program that includes a Vendor Code of Conduct and annual process audits to ensure supplier compliance with ISO and specific EVgo requirements. No waste disposal violations have been mentioned in the provided articles for EVgo, indicating strong compliance over the past three years.