Below is the information acquired on WEC ENERGY GROUP, INC., which is not yet included in our research perimeter.

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Last update 31 March 2022

Description of economic activities

Transmission of electricity (NACE2 3512)

The entity operates as a holding firm engaged in the provision of electric and natural gas service to customers across Wisconsin and the Upper Peninsula of Michigan. It was founded as Milwaukee Electric Railway and Light Co. in 1896, to provide electric, steam and interurban rail service. Its shares are listed on New York Stock Exchange. The registered business office of the company is located in Milwaukee, Wisconsin, United States of America. The company assumes management and control functions to its subsidiaries; provides other administrative management activities, as well as consulting and investment services. It also covers other related financial and credit intermediation services. This holding company has strategic alliances with American Transmission Company and Nuclear Management Company. Some of its listed subsidiaries include W.E. Power, LLC, Edison Sault Electric Company, and Minergy. W.E. Power, LLC designs, permits, builds and owns the power plants that are part of the Power the Future plan to meet future energy needs in Wisconsin Energy's electric utility service areas. Edison Sault Electric Company engages in electricity generation and distribution to 22,000 residential, commercial and industrial customers in Michigan's Eastern Upper Peninsula. Minergy develops and markets proprietary technologies designed to convert high-volume industrial and municipal wastes into value-added products.
  • WEC ENERGY GROUP, INC.

  • United States of America (US)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Ms Gale E. Klappa
  • CEO Total remuneration: 7.244.010,329
  • Website: www.wecenergygroup.com

Financial data

Number of employees

N/A
7,273
7,509
7,878

Revenue 1

7
6
7
7

EBIT 1

2
1
1
1

EBITDA 1

2
2
2
2

1 numbers are in millions

  • RepRisk Indicator (last month):  23

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

  • Global Compact: N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines: N/A
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions