MGE Energy Inc - ESG Rating & Company Profile powered by AI
Detailed Sustainability analysis of MGE Energy Inc can be reached by signing up for free. The article includes a questions and answers section about MGE Energy Inc. This ESG rating covers seventeen United Nations SDGs including: 'Gender Equality', 'Responsible Production & Consumption' and 'Peace, Justice & Strong Institutions'.
MGE Energy Inc in the Electric Utilities industry gained a UN SDG ESG Transparency Score of 4.8; made up of an environmental score of 6.0, social score of 5.0 and governance score of 3.4.
4.8
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 |
| 319 | Rede Energia Participacoes SA | 4.9 | High |
| 319 | Western Power Distribution (East Midlands) PLC | 4.9 | High |
| 324 | MGE Energy Inc | 4.8 | High |
| 324 | Akenerji Elektrik Uretim AS | 4.8 | High |
| 324 | Atlantic City Electric Co | 4.8 | 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 MGE Energy Inc
These potential risks are based on the size, segment and geographies of the company.
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. MGE Energy, Inc.is headquartered in Madison, Wisconsin.