Fortis Inc - ESG Rating & Company Profile powered by AI
This dashboard includes a questions and answers table about Fortis Inc. This ESG rating covers 17 United Nations Sustainable Development Goals including: 'Affordable & Clean Energy', 'Sustainable Cities & Communities' and 'Partnerships for the Goals'. This page contains a zero-cost E,S&G analysis covering Fortis Inc.
Fortis Inc in the Technology Equipment industry gained a UN SDG ESG Transparency Score of 8.2; made up of an environmental score of 8.0, social score of 8.0 and governance score of 8.0.
8.2
High ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Cisco Systems Inc | 9.0 | High |
| 1 | Switch Inc | 9.0 | High |
| 5 | Extreme Networks Inc | 8.3 | High |
| 5 | Lenovo Group Ltd | 8.3 | High |
| 7 | Fortis Inc | 8.2 | High |
| 7 | Apple Inc | 8.2 | High |
| 7 | Asustek Computer Inc | 8.2 | High |
| ... | ... | ... | |
| 1531 | Zenitron Corp | 0.0 | Low |
| 1531 | uNeedkorea Co Ltd | 0.0 | Low |
| ... | ... | ... |
Frequently Asked Questions
Does Fortis Inc have an accelerator or VC vehicle to help deliver innovation?
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Sign up for free to unlockIs 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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Sign up for free to unlockIs 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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Subscription requiredAre emissions metrics verified by STBi?
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Potential Risks for Fortis Inc
These potential risks are based on the size, segment and geographies of the company.
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,065,000 residential, commercial, and industrial customers in British Columbia, Canada. In addition, it owns and operates the electricity distribution system that serves approximately 577,000 customers in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 225 MW; and provides operation, maintenance, and management services to five hydroelectric generating facilities. Further, the company distributes electricity in the island portion of Newfoundland and Labrador with an installed generating capacity of 143 MW; and on Prince Edward Island with a generating capacity of 130 MW. Additionally, it provides integrated electric utility service to approximately 68,000 customers in Ontario; approximately 272,000 customers in Newfoundland and Labrador; approximately 32,000 customers on Grand Cayman, Cayman Islands; and approximately 16,000 customers on certain islands in Turks and Caicos. The company also holds long-term contracted generation assets in Belize consisting of 3 hydroelectric generating facilities with a combined capacity of 51 MW; and the Aitken Creek natural gas storage facility. It also owns and operates approximately 90,200 circuit Kilometers (km) of distribution lines; and approximately 50,500 km of natural gas pipelines. Fortis Inc. was founded in 1885 and is headquartered in St. John's, Canada.