FirstEnergy CorpFirstEnergy Corp - ESG Rating & Company Profile powered by AI

Industry Group:Electric Utilities

This article contains a Q&A section on FirstEnergy Corp. The analysis of FirstEnergy Corp is assembled by All Street Sevva using proprietary AI. This analysis of FirstEnergy Corp incorporates data from across the web and also from available documents by FirstEnergy Corp.

FirstEnergy Corp in the Electric Utilities industry gained a UN SDG ESG Transparency Score of 7.8; made up of an environmental score of 8.0, social score of 6.7 and governance score of 8.0.

SDG Transparency Score for FirstEnergy Corp 
Low
0 - 3
Medium
4 - 6

7.8

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for FirstEnergy Corp 
8.0

Environmental

6.7

Social

8.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Algonquin Power & Utilities Corp
9.1
High
2Alliant Energy Corp
9.0
High
102Contact Energy Ltd
7.9
High
102PGE Polska Grupa Energetyczna SA
7.9
High
108FirstEnergy Corp
7.8
High
108PG&E Corp
7.8
High
108Manila Electric Co
7.8
High
.........
763Yorkshire Electricity Group PLC
0.0
Low
763Zakarpattiaoblenerho PrAT
0.0
Low
.........
View the full peer group of 981 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does FirstEnergy Corp have an accelerator or VC vehicle to help deliver innovation?

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Does FirstEnergy Corp disclose current and historical energy intensity?

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Does FirstEnergy Corp report the average age of the workforce?

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Does FirstEnergy Corp reference operational or capital allocation in relation to climate change?

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Does FirstEnergy Corp disclose its ethnicity pay gap?

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Does FirstEnergy Corp disclose cybersecurity risks?

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Does FirstEnergy Corp offer flexible work?

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Does FirstEnergy Corp have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does FirstEnergy Corp disclose the number of employees in R&D functions?

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Does FirstEnergy Corp conduct supply chain audits?

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Does FirstEnergy Corp disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does FirstEnergy Corp conduct 360 degree staff reviews?

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Does FirstEnergy Corp disclose the individual responsible for D&I?

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Does FirstEnergy Corp disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does FirstEnergy Corp disclose current and / or historical scope 2 emissions?

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Does FirstEnergy Corp disclose water use targets?

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Does FirstEnergy Corp have careers partnerships with academic institutions?

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Did FirstEnergy Corp have a product recall in the last two years?

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Does FirstEnergy Corp disclose incidents of discrimination?

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Does FirstEnergy Corp allow for Work Councils/Collective Agreements to be formed?

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Has FirstEnergy Corp issued a profit warning in the past 24 months?

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Does FirstEnergy Corp disclose parental leave metrics?

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Does FirstEnergy Corp disclose climate scenario or pathway analysis?

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Does FirstEnergy Corp disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does FirstEnergy Corp disclose the pay ratio of women to men?

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Does FirstEnergy Corp support suppliers with sustainability related research and development?

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Does FirstEnergy Corp disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does FirstEnergy Corp reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is FirstEnergy Corp involved in embryonic stem cell research?

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Does FirstEnergy Corp disclose GHG and Air Emissions intensity?

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Does FirstEnergy Corp disclose its waste policy?

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Does FirstEnergy Corp report according to TCFD requirements?

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Does FirstEnergy Corp disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does FirstEnergy Corp disclose energy use targets?

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Does FirstEnergy Corp disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does FirstEnergy Corp have a policy relating to cyber security?

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Potential Risks for FirstEnergy Corp
These potential risks are based on the size, segment and geographies of the company.

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.

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