ALLETE Inc - ESG Rating & Company Profile powered by AI
The analysis of ALLETE Inc uses intelligence from across the web and also from public documents by ALLETE Inc. Jump to the bottom of this page for potential risks for ALLETE Inc based on sector, location and marketcap. Other companies in the scoring industry group for ALLETE Inc are displayedin the table.
ALLETE Inc in the Electric Utilities industry gained a UN SDG ESG Transparency Score of 5.5; made up of an environmental score of 7.0, social score of 6.0 and governance score of 3.4.
5.5
Medium ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Banpu Power PCL | 8.0 | High |
| 1 | Baltimore Gas and Electric Co | 8.0 | High |
| 263 | Cleco Corporate Holdings LLC | 5.6 | High |
| 263 | Creos Luxembourg SA | 5.6 | High |
| 270 | ALLETE Inc | 5.5 | High |
| 270 | Calpine Corp | 5.5 | High |
| 270 | Central Puerto SA | 5.5 | High |
| ... | ... | ... | |
| 582 | Zhejiang Zheneng Electric Power Co Ltd | 0.0 | Low |
| 582 | Zhytomyroblenerho AT | 0.0 | Low |
| ... | ... | ... |
Frequently Asked Questions
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Potential Risks for ALLETE Inc
These potential risks are based on the size, segment and geographies of the company.
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.