PNM Resources Inc - ESG Rating & Company Profile powered by AI
This Sustainability rating for PNM Resources Inc indicates the company's transparency towards the United Nations SDGs. Browse to the end of this page for potential risks for PNM Resources Inc based on industry, geography and marketcap. This analysis of PNM Resources Inc leverages intelligence from across the internet as well as from available documents by PNM Resources Inc.
PNM Resources Inc in the Electric Utilities industry gained a UN SDG ESG Transparency Score of 7.7; made up of an environmental score of 8.0, social score of 7.0 and governance score of 8.0.
7.7
High 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 |
| 1 | Transelec SA | 8.0 | High |
| 1 | Empresas Publicas de Medellin E.S.P | 8.0 | High |
| 92 | PNM Resources Inc | 7.7 | High |
| 92 | Atlantica Sustainable Infrastructure PLC | 7.7 | High |
| 92 | Electricite de France SA | 7.7 | 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 PNM Resources Inc
These potential risks are based on the size, segment and geographies of the company.
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2021, this segment had owned or leased facilities with a total net generation capacity of 2,168 megawatts; and owned 3,426 miles of electric transmission lines, 5,751 miles of distribution overhead lines, 5,765 miles of underground distribution lines, and 250 substations. The segment also owns and leases communication, office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2021, the segment owned 983 miles of overhead electric transmission lines, 7,297 miles of overhead distribution lines, 1,408 miles of underground distribution lines, and 113 substations. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 806,000 residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico.