Xcel Energy IncXcel Energy Inc - ESG Rating & Company Profile powered by AI

Industry Group:Electric Utilities

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Xcel Energy Inc in the Electric Utilities industry gained a UN SDG ESG Transparency Score of 8.0; made up of an environmental score of 8.0, social score of 8.0 and governance score of 8.0.

SDG Transparency Score for Xcel Energy Inc 
Low
0 - 3
Medium
4 - 6

8.0

High Impact
7 - 10
Last Score Update: 2024-05-01
What drives the score for Xcel Energy Inc 
8.0

Environmental

8.0

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
1Xcel Energy Inc
8.0
High
1Banpu Power PCL
8.0
High
1Baltimore Gas and Electric Co
8.0
High
.........
582Zhejiang Zheneng Electric Power Co Ltd
0.0
Low
582Zhytomyroblenerho AT
0.0
Low
.........
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Frequently Asked Questions

Does Xcel Energy Inc have an accelerator or VC vehicle to help deliver innovation?

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Does Xcel Energy Inc disclose current and historical energy intensity?

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Does Xcel Energy Inc report the average age of the workforce?

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Does Xcel Energy Inc reference operational or capital allocation in relation to climate change?

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Does Xcel Energy Inc disclose its ethnicity pay gap?

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Does Xcel Energy Inc disclose cybersecurity risks?

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Does Xcel Energy Inc offer flexible work?

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Does Xcel Energy Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Xcel Energy Inc disclose the number of employees in R&D functions?

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Does Xcel Energy Inc conduct supply chain audits?

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Does Xcel Energy Inc 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 Xcel Energy Inc conduct 360 degree staff reviews?

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Does Xcel Energy Inc disclose the individual responsible for D&I?

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Does Xcel Energy Inc 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 Xcel Energy Inc disclose current and / or historical scope 2 emissions?

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Does Xcel Energy Inc disclose water use targets?

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Does Xcel Energy Inc have careers partnerships with academic institutions?

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Did Xcel Energy Inc have a product recall in the last two years?

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Does Xcel Energy Inc disclose incidents of discrimination?

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Does Xcel Energy Inc allow for Work Councils/Collective Agreements to be formed?

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Has Xcel Energy Inc issued a profit warning in the past 24 months?

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Does Xcel Energy Inc disclose parental leave metrics?

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Does Xcel Energy Inc disclose climate scenario or pathway analysis?

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Does Xcel Energy Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Xcel Energy Inc disclose the pay ratio of women to men?

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Does Xcel Energy Inc support suppliers with sustainability related research and development?

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Does Xcel Energy Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Xcel Energy Inc 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 Xcel Energy Inc involved in embryonic stem cell research?

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Does Xcel Energy Inc disclose GHG and Air Emissions intensity?

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Does Xcel Energy Inc disclose its waste policy?

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Does Xcel Energy Inc report according to TCFD requirements?

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Does Xcel Energy Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Xcel Energy Inc disclose energy use targets?

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Does Xcel Energy Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Xcel Energy Inc have a policy relating to cyber security?

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Potential Risks for Xcel Energy Inc
These potential risks are based on the size, segment and geographies of the company.

Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects, as well as procures equipment for the construction of renewable generation facilities. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company sells electricity to approximately 3.7 million customers; and natural gas to approximately 2.1 million customers. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.

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