Company Directory - The Southern Company
Company Details - The Southern Company
The Southern Company
WebsiteThe Southern Company is a leading American gas and electric utility holding company operating in the southern United States. It is dedicated to providing reliable energy services and sustainable solutions to its customers while focusing on growth, efficiency, and community engagement.
CCI Score
CCI Score: The Southern Company
8.34
-0.01%
Latest Event
Southern Company Releases 2023 Moving to Equity Report
Southern Company published its 2023 Moving to Equity report outlining progress on diversity, workplace inclusion, supplier diversity, and community investment initiatives aimed at fostering an equitable culture.
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OBJECTOR
The Southern Company is currently rated as an Objector.
Latest Events
- FEB062024
Southern Company published its 2023 Moving to Equity report outlining progress on diversity, workplace inclusion, supplier diversity, and community investment initiatives aimed at fostering an equitable culture.
+50
Public and Political Behavior
April 8
The report highlights Southern Company's active engagement in civic initiatives and social justice efforts. Its clear commitment to diversity, equity, and inclusion demonstrates a proactive stance against authoritarian and exclusionary practices, supporting an inclusive public and political behavior.
Southern Company Issues Annual Moving to Equity Report for 2023
+50
Business Practices and Ethical Responsibility
April 8
The company's framework and reported progress reflect strong ethical business practices. The initiatives around increased representation, diverse supplier spending, and significant community investments reinforce commitments to worker rights and social justice, aligning with progressive values and resisting exclusionary practices.
Southern Company Issues Annual Moving to Equity Report for 2023
- NOV012023
The Southern Company published its Supplier Code of Conduct in November 2023, outlining comprehensive standards for ethical and legal compliance, environmental sustainability, and the protection of labor rights. The document stresses the importance of fair treatment of workers, anti-corruption measures, and ethical conduct among suppliers, thereby reinforcing commitments to diversity, inclusion, and safe working conditions.
+40
Labor Relations and Human Rights Practices
April 8
The Supplier Code of Conduct emphasizes key elements of worker rights including fair labor practices, the prohibition of forced labor, anti-discrimination measures, and support for collective bargaining. This commitment to upholding labor rights aligns with anti-fascist, pro-worker values.
+40
Supply Chain Ethics
April 8
The document mandates ethical and legal compliance for suppliers, including commitments to environmental protection, anti-corruption, and fair business practices. By requiring suppliers to adhere to these standards, Southern Company promotes transparency and integrity in its supply chain, further supporting progressive, anti-authoritarian values.
- OCT302023
On October 30, 2023, a federal court unsealed a whistleblower lawsuit alleging that senior leadership at The Southern Company doctored budget documents and falsified cost projections to secure $382 million in federal funds for a failed “clean coal” power plant project. The misrepresentations led to massive cost overruns, increased electricity rates, and economic harm to taxpayers and local industries.
-80
Business Practices and Ethical Responsibility
April 8
The allegations indicate that The Southern Company deliberately falsified financial records and budget projections to secure federal funds, representing a clear breach of ethical business practices. Such deceptive behavior undermines corporate accountability and directly harms taxpayers by diverting public funds based on fraudulent claims.
-60
Economic and Structural Influence
April 8
The company’s misrepresentations resulted in significant economic repercussions, including skyrocketing project costs and increased electricity rates that burden local industries and taxpayers. This economic mismanagement reflects negatively on the company’s structural influence and its impact on the broader community.
- JUL122023
An internal investigation into alleged politically motivated surveillance of Southern Company's CEO was undermined by conflicts of interest, as law firms with ties to Matrix LLC were involved. This raised serious questions about the company’s ethical posture and commitment to transparent political behavior.
-40
Public and Political Behavior
April 8
The use of an internal investigation that appears compromised by law firms connected to a politically active consulting firm (Matrix LLC) suggests undue political influence. This conflict of interest raises concerns regarding the company’s role in potentially facilitating authoritarian practices by obscuring accountability and compromising transparency.
Law firm with Matrix connections conducted Southern Company’s internal investigation
-30
Business Practices and Ethical Responsibility
April 8
The conflict of interest stemming from hiring law firms with connections to Matrix LLC undermines ethical business practices. This not only calls into question the integrity of the internal investigation but also signifies a lapse in corporate accountability in managing politically sensitive issues.
Law firm with Matrix connections conducted Southern Company’s internal investigation
- JUN012023
Southern Company published its Human Rights Statement detailing its commitment to upholding human rights, fair labor practices, anti-discrimination policies, and safety measures. The document explicitly rejects child labor, forced labor, and emphasizes support for unionized workers, aligning with progressive labor standards and an anti-authoritarian stance.
+80
Labor Relations and Human Rights Practices
April 8
The Human Rights Statement articulates Southern Company's commitment to upholding labor rights, enforcing strict policies against child and forced labor, and supporting collective bargaining—all of which promote worker dignity and prevent authoritarian labor practices. This proactive stance represents a positive effort to adhere to fair human rights practices.
- APR012012
The Southern Company PDF outlines its governance and oversight processes for corporate political spending. The document describes how the company uses corporate funds for political contributions where legally permitted, including contributions to state and local candidates, PAC sponsorship, and independent expenditures. Decisions are reviewed by top executives and the Board, ensuring legal compliance but raising concerns about concentrated corporate influence in the political process.
-20
Political Contributions and Lobbying Efforts
April 8
The company’s explicit policy permitting the use of corporate funds for political contributions, when legally allowed, reflects active corporate participation in shaping the political landscape. Although the process includes internal reviews and transparency measures, such corporate political spending can still enable undue influence over public policy, which is concerning from a democratic accountability perspective.
PDF Overview of Southern Company Policies and Practices For Political Spending
-10
Executive Political Engagement
April 8
The requirement for approval of political expenditures by top executives, including the CEO, the senior External Affairs Officer, and the General Counsel, highlights a concentrated model of executive political engagement. This centralization of control over political spending raises potential concerns about the alignment of corporate actions with broader democratic accountability and the mitigation of undue political influence.
PDF Overview of Southern Company Policies and Practices For Political Spending
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Corporation
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Corporation
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Corporate Financials
- Revenue
- 2025
- $20.80B
- Total Assets
- 2025
- $125.00B
- Operating Income
- 2025
- $5.00B
- Total Equity
- 2025
- $50.00B
Industries
- 221113
- Nuclear Electric Power Generation
- 221115
- Wind Electric Power Generation
- 221118
- Other Electric Power Generation
- 221121
- Electric Bulk Power Transmission and Control
- 221122
- Electric Power Distribution