Better Health for All

WEC Energy Group's operations present a mixed picture regarding health externalities. The company has invested in renewable energy projects, including the Badger Hollow Solar Park and Paris Solar-Battery Park, which contribute to a projected 60% reduction in carbon emissions by 2025

and an 80% reduction by 2030. These efforts are noted to improve air quality, benefiting respiratory health. However, in August 2024, WEC announced plans to build new natural gas plants. These plans have drawn backlash from health groups due to concerns about air pollution and associated health impacts.

Fair Money & Economic Opportunity

WEC Energy Group, primarily an energy utility, does not offer lending or deposit services, making many KPIs related to financial products not applicable. For inclusion initiatives, the company's core business lies outside finance, and it does not have a loan or insurance book, resulting in a score of 0.

In terms of profit reinvestment, the company contributed approximately $2.5 million to low-income customer programs in 2024. Compared to its 2024 net income of $1.5 billion, this represents about 0.125% of estimated pre-tax profit, falling into the lowest tier. For financial literacy initiatives, the company offers money management courses as part of its youth apprenticeship program, which has engaged over 220 Milwaukee Public Schools students since 2017. While a structured program, its reach is less than 5% of the total customer base, placing it in a lower tier.

Fair Pay & Worker Respect

WEC Energy Group reported a CEO to median employee pay ratio of 73:1 in 2023.

The company recognizes employees' rights to union representation and maintains productive bargaining with multiple unions. In 2024, the company reported 76 DART-recordable injuries and 29 lost-time injuries. As of December 31, 2023, women and racial minorities represented approximately 25% and 26% of the workforce, respectively.

Fair Trade & Ethical Sourcing

WEC Energy Group states a commitment to human rights and prohibits forced and child labor in its operations, expecting suppliers to adhere to consistent values.

The company has a Supplier Code of Conduct and contract terms that require suppliers to abide by applicable laws and report unethical behaviors. Developer partners for solar projects have signed the Solar Industry Forced Labor Prevention Pledge. In 2023, WEC Energy Group spent over $333 million with diverse suppliers. However, the provided articles do not contain specific quantitative data on the percentage of spend covered by fair-trade certifications, the average frequency of on-site supplier audits, the number of substantiated forced or child labor incidents, the percentage of suppliers with traceable provenance data, the median days to close corrective action plans, the percentage of supplier contracts with enforceable ethical-sourcing clauses, or the share of spend on high-risk materials as a percentage of total procurement.

Honest & Fair Business

WEC Energy Group maintains an Ethics and Compliance program, overseen by a compliance officer, which includes policies on anti-bribery, anti-corruption, anti-retaliation, and human rights

. The company provides a confidential EthicsLine available 24/7 for reporting concerns and explicitly prohibits retaliation against individuals who report ethical concerns in good faith . The Board of Directors added five new independent directors between 2019 and 2023 and updated committee charters to expand risk oversight responsibilities . A comprehensive cybersecurity risk management program is also in place, featuring regular internal and external audits .

Kind to Animals

The company demonstrates significant commitment to wildlife conservation. Its sites have produced 453 peregrine falcons, accounting for nearly 20% of all peregrines born in the wild in Wisconsin since 1987.

WEC Energy Group has committed to conserving and restoring monarch butterfly habitat on over 400,000 acres across six states and promotes biodiversity on over 72,000 acres of land, including nearly 1,200 acres of dedicated pollinator habitat. It has restored 55 acres of butterfly habitat and 40 acres for the slender glass lizard and phlox moth. The company also helped install dozens of osprey platforms, contributing to over 550 breeding pairs in Wisconsin, and bald eagles are now observed nesting in all 72 counties. Furthermore, prairie habitat at the Migratory Bird Stopover site increased by 25% between 2019 and 2023. In public policy engagement, the company participated in developing the nationwide Candidate Conservation Agreement with Assurances on Energy and Transportation Lands program and engages with the Wisconsin Department of Natural Resources on regulations. It also works with the U.S. Fish and Wildlife Service to minimize bird impacts from turbines and voluntarily uses methods to help bats avoid them. As a service-oriented energy company, several animal-related KPIs such as cruelty-free certification, animal testing, humane operations, ethical input substitution, supplier audits, cage-free sourcing, innovation investment in animal-free tech, animal agriculture ethics, and animal-free R&D collaboration are not applicable to its business model.

No War, No Weapons

WEC Energy Group's core business is providing electricity and natural gas services. The company shows no evidence of involvement in weapons manufacturing, military contracts, or lobbying for military spending.

It emphasizes fair treatment, non-discrimination, and the prohibition of forced labor.

Planet-Friendly Business

WEC Energy Group's total Scope 1, 2, and 3 greenhouse gas emissions for 2024 were 43,451,619 metric tons of CO2e.

The company has a net carbon neutral electric generation target for 2050 , with a goal of more than 80% carbon reduction by 2030 , and also targets net-zero methane emissions by 2030. In 2024, 21% of its electricity supply was from renewables , with an estimated increase to 34% by 2030. The company's report is prepared in alignment with the Task Force on Climate-Related Financial Disclosures (TCFD) , and it has conducted scenario analyses to assess its climate strategy , though specific pathways or robustness details are not provided. The company plans to eliminate coal as an energy source by the end of 2032 , including planning for the conversion of coal-fueled Elm Road units and Weston Unit 4 to natural gas , and expects to retire approximately 1,200 MW of additional fossil-fueled generation by the end of 2031. The company recorded 85 violations of pipeline safety statutes in 2024 and has accumulated $931.17 million in environment-related penalties since 2000 across 9 offense records , with air pollution violations accounting for $931.005 million across 5 records. None of its water withdrawal or consumption occurs in regions with High or Extremely High Baseline Water Stress. The overall waste recycling rate was 55% in 2024 , with a commitment to exceed a 50% recycling goal by 2030. The company promotes biodiversity on over 72,000 acres of land , including nearly 1,200 acres of dedicated pollinator habitat , and has expanded its Monarch CCAA commitment to over 400,000 acres across six states. It examines potential routes for impacts to forests and other habitats, avoiding sensitive lands , and its stewardship efforts include forestry management. The company considers a Just Transition framework when transforming its generation fleet , offering retraining and placement opportunities, along with voluntary severance packages. Between 2025 and 2029, it expects to invest approximately $4.5 billion in electric distribution system hardening against severe weather , representing about 33.08% of its combined climate-related investments of $13.6 billion. The company joined the EPRI SMARTargets™ initiative in 2023.

Respect for Cultures & Communities

WEC Energy Group allocated 20% of its $19 million in 2024 charitable donations to arts and culture.

The company has 12 formal partnerships, including with Milwaukee Public Schools, Milwaukee Area Technical College, the Chicago Urban League, University of Illinois Chicago, WDNR, USFWS, EPRI, Xerces Society, Wisconsin Monarch Collaborative, Monarch Joint Venture, GTI Energy, and CMBlu Energy AG. WEC Energy Group actively protects cultural sites by using cultural resource data sets, conducting site surveys, and monitoring construction with archeological professionals, with no reported incidents disrupting cultural or heritage sites. The company reports no cultural appropriation incidents. Free, Prior and Informed Consent (FPIC) processes are stated as not applicable to its operations.

Safe & Smart Tech

WEC Energy Group invested approximately $35 million in cybersecurity in 2022.

The company has been subject to attempted cybersecurity attacks, but these have not had a material impact on its systems or business operations. All employees and contractors are required to complete annual information security training, including role-based cybersecurity training and participation in corporate phishing campaigns. The company states it does not reveal personal information or email addresses to third parties. Contractors are also mandated to complete annual training on the Customer Information Policy. WEC Energy Group complies with North American Electric Reliability Corporation Critical Infrastructure Protection (NERC CIP) standards and utilizes NIST and DOE cybersecurity frameworks.