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WEC Energy Group Corporate Responsibility Report Highlights Commitment to Affordable, Reliable and Clean Energy
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CSRWire - WEC Energy Group Corporate Responsibility Report Highlights Commitment to Affordable, Reliable and Clean Energy
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WEC Energy Group Sets Industry-Leading Environmental Goals
Published 05-04-21
Summary
In an updated climate report, WEC Energy Group outlines its strategy to achieve aggressive new targets for carbon and methane reduction.
Report Highlights
WEC Energy Group (NYSE: WEC) unveiled aggressive new carbon dioxide and methane reduction goals this week. The company is committing to a 60 percent reduction in carbon emissions by 2025 from its electric generation fleet and an 80 percent reduction by the end of 2030. The company also announced plans to achieve net-zero methane emissions from its natural gas distribution system by the end of 2030.
The goals which are outlined in a new company report 2021 Pathway to a Cleaner Energy Future are among the strongest environmental goals in the utility industry.
Operator
Good afternoon and welcome to WEC Energy Group s Conference Call for First Quarter 2021 Results. [Operator Instructions]
Before the conference call begins, I remind you that all statements in the presentation, other than historical facts, are forward-looking statements that involve risks and uncertainties that are subject to change at any time. Such statements are based on management s expectations at the time they are made. In addition to the assumptions and other factors referred to in connection with the statements, factors described in WEC Energy Group s latest Form 10-K and subsequent reports filed with the Securities and Exchange Commission could cause actual results to differ materially from those contemplated. During the discussions, referenced earnings per share will be based on diluted earnings per share, unless otherwise noted.
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