MASHINIi

OGE Energy Corp..

OGE.US | Electric power generation, transmission and distribution

OGE Energy Corp. is an energy holding company with operations in the midwestern and southwestern United States. Its primary subsidiary, Oklahoma Gas and Electric Company (OG&E), is a regulated electric utility that generates, transmits, distributes, and sells electricity to residential, commercial, ...Show More

Ethical Profile

Mixed.

OGE Energy Corp. presents a mixed ethical profile. The company reports significant environmental progress, including reducing SO2 emissions by approximately 95%, NOx by 81%, and CO2 by over 63% since 2005. It also invests in renewables, with approximately 10% of its generation from wind farms and 32 MW of owned solar capacity. However, OGE's operations have been linked to environmental, employment, and safety violations, with regulatory fines totaling $536,944 since 2000, including a $300,000 environmental fine in 2011. Critics point to the company's continued reliance on fossil fuels. On worker welfare, OGE maintains a low Total Recordable Incident Rate of 0.68 and a CEO to median employee pay ratio of 74:1. The company also supports wildlife conservation, committing over 40,000 acres for endangered species since 2009.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect30
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-30
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-20
-100100

Better Health for All

0

OGE Energy Corp.'s principal good, electricity, has no significant direct positive or negative health impact, resulting in a neutral health effect for its core products and services. Evidence related to environmental pollution control, workplace safety, or general disaster response for utility services is explicitly excluded from the scope of the 'Better Health for All' value.

Fair Money & Economic Opportunity

0

OGE.US is an electric utility company, and its core business does not involve offering lending, deposit, or other consumer financial services. Consequently, all KPIs under the 'Fair Money & Economic Opportunity' value are scored 0, as the company's operations do not fall within the scope of financial institutions or products that these metrics are designed to evaluate. While OGE.US provides customer assistance programs, such as a $13 per month credit through its Low-Income Assistance Program

1
and the Silver Energy Program for customers 65+,
2
these are utility bill credits and not financial products or services as defined by the rubric's KPIs.

Fair Pay & Worker Respect

30

For the 2024 fiscal year, OGE Energy Corp.'s CEO to median employee pay ratio was 74:1.

1
The company's Total Recordable Incident Rate (TRIR) was 0.68 in 2020, representing a 73% reduction since 2007.
2
This rate is among the lowest of its peers in the Southeastern Electric Exchange.
3

Fair Trade & Ethical Sourcing

0

The provided articles do not contain any quantitative data relevant to fair trade certifications, audit frequencies, forced or child labor incidents, supply chain traceability, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend. While OGE has been recognized for its support of diversity supplier development

1
, no specific percentage of procurement budget directed to diverse suppliers is provided.

Honest & Fair Business

0

No specific, concrete data points were provided in the articles for any of the 'Honest & Fair Business' KPIs within the specified timeframes. Information regarding regulatory fines, transparency, whistleblower policies, financial restatements, audit coverage, ESG controversies, complaint resolution times, board conflicts of interest, anti-corruption policies, or third-party verification was not available or did not meet the criteria for scoring based on the provided evidence.

1

Kind to Animals

0

OGE.US operates as an electric utility. Its core business activities do not involve animal testing, the use of animal-derived ingredients, animal agriculture, or related supply chains. Consequently, there is no relevant evidence in the provided articles to score KPIs such as cruelty-free certifications, alternative testing methods, humane certifications for operations, ethical input substitution, supplier audits for animal welfare, cage-free sourcing, animal testing policy or volume, innovation investment in animal-free technologies, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement on animal welfare. While the company is involved in wildlife conservation efforts, including monitoring bald eagles

1
, committing over 40,000 acres for Lesser Prairie Chicken habitat
2
, supporting research on the Eastern Collared Lizard
3
, and participating in initiatives to mitigate wildlife collisions
4
, the rubric's scoring for 'wildlife_conservation_impact' is based on the percentage of revenue allocated to these efforts or specific, measurable biodiversity outcomes, which are not provided in the articles. Therefore, this KPI cannot be scored according to the rubric's quantitative thresholds.

No War, No Weapons

0

No evidence available to assess OGE Energy Corp. on No War, No Weapons.

Planet-Friendly Business

-30

OG&E's generation mix includes approximately 10% from wind farms

1
. The company owns 32 MW of solar capacity
2
and 449 MW of wind capacity
3
, and has purchased contracts for an additional 342 MW of wind power
4
. Since 2005, the company has achieved over 60% reduction in direct emissions from owned and operated generation
5
and converted 35% of its coal-fueled fleet to natural gas
6
.

Respect for Cultures & Communities

0

OGE has partnerships with the Urban League for job training and workforce development.

1
The company is committed to working with local suppliers from diverse backgrounds
2
and fosters cultural understanding and professional development through employee-led Member Resource Groups.
3
OGE Energy was named the Best Employer in Oklahoma in the 2023 Forbes America’s Best Employers by State survey.
4

Safe & Smart Tech

0

OGE.US allows customers to access and correct their personal information through their online accounts

1
, reflecting industry-standard user data control. The company also states compliance with Oklahoma and Arkansas regulations
2
, indicating a basic approach to regulatory compliance.

Zero Waste & Sustainable Products

-20

OGE.US has implemented several waste reduction initiatives, including the reuse of coal ash, with 89,291 tons reused in 2020

1
and approximately 1.3 million tons diverted from landfills over the last five years
2
. The company has also recycled nearly 44,000 tons of scrap metal since 2007
3
, repurposed approximately 3,300 tons of wooden poles
4
, and 476 tons of wooden waste
5
. Additionally, over 5 million pounds of vegetation have been donated
6
, and more than 75 tons of office paper and plastic have been recycled
7
. No waste disposal violations, regulatory actions, fines, or compliance issues were mentioned in the provided information
8
.

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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.