Company Directory - WEC Energy Group
Company Details - WEC Energy Group
WEC Energy Group
WebsiteWEC Energy Group is a company holding electric and natural gas companies, providing reliable energy services and solutions to customers. The company focuses on sustainability and innovative energy solutions, operating across various sectors including electricity generation, distribution, and energy efficiency.
CCI Score
CCI Score: WEC Energy Group
9.51
Latest Event
WEC Energy Group 2025 Lobbying Activity
WEC Energy Group spent $190,000 on lobbying in 2025, as revealed by OpenSecrets data downloaded on May 14, 2025. This expenditure reflects the company's efforts to influence public policy.
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OBJECTOR
WEC Energy Group is currently rated as an Objector.
Latest Events
- MAY142025
WEC Energy Group spent $190,000 on lobbying in 2025, as revealed by OpenSecrets data downloaded on May 14, 2025. This expenditure reflects the company's efforts to influence public policy.
-20
Political Contributions and Lobbying Efforts
May 31
WEC Energy Group's $190,000 lobbying expenditure in 2025 suggests an effort to influence policymaking in a manner that often prioritizes corporate interests over community welfare and democratic accountability, reinforcing entrenched power structures.
- MAY092025
WEC Energy Group has been reported to have spent approximately $133,862 on lobbying efforts from January to June 2025, actively advocating for legislative measures that would prevent local governments from enacting bans on fossil fuel usage. This lobbying action appears aimed at stalling the clean energy transition and maintaining dependency on fossil fuels, even as state officials and environmental groups push for decisive climate action.
-70
Political Contributions and Lobbying Efforts
May 31
The company’s self-reported lobbying expenditure and targeted efforts to support bills that preempt local fossil fuel restrictions are seen as prioritizing fossil fuel interests over clean energy initiatives. Such actions undermine local autonomy and delay the transition to renewable energy, aligning with tactics that favor established energy monopolies and authoritarian influences in policy-making.
How Wisconsin's largest power company lobbies legislators to stall a clean energy transition
- FEB062025
The OpenSecrets profile for WEC Energy Group details its political activities in the 2024 cycle, reporting contributions of $155,576 and lobbying expenditures of $540,000. These figures, released by various government agencies including the FEC on February 06, 2025, highlight the company’s engagement in political financing and lobbying.
-20
Political Contributions and Lobbying Efforts
May 31
WEC Energy Group's reported political activity—namely, contributing $155,576 and spending $540,000 on lobbying during the 2024 cycle—signals a significant corporate effort to influence political outcomes. From an anti-fascist perspective, such practices can consolidate power among corporate elites and potentially undermine regulatory efforts that protect workers and marginalized communities. The data provided by OpenSecrets raises concerns about the company's role in shaping policy in ways that may contribute to authoritarian dynamics.
- JAN012025
WEC Energy Group published a commitment statement outlining its dedication to protecting and advancing human rights in its operations. The statement emphasizes fair compensation, non-discrimination, safe working conditions, and robust union representation, and it explicitly prohibits forced or child labor. Such efforts underscore the company’s commitment to ethical business practices.
+80
Labor Relations and Human Rights Practices
May 31
WEC Energy Group’s detailed human rights commitment, which includes the fair treatment of employees, robust union representation, and strict prohibitions against exploitation, aligns strongly with progressive, anti-authoritarian values. Such commitments help protect workers and marginalized communities from exploitation, supporting anti-fascist and ethical business practices.
- JAN012025
WEC Energy Group has issued a public commitment to uphold human rights and fair labor practices, emphasizing non-discrimination, safe working conditions, and respect for union representation as part of its corporate values.
+80
Labor Relations and Human Rights Practices
May 31
The company’s detailed statement on fair compensation, non-discrimination, safe working conditions, and respect for union representation clearly demonstrates a strong commitment to labor rights and human rights. This aligns with progressive, anti-authoritarian principles by ensuring ethical treatment of workers and resisting labor exploitation.
- SEP182024
WEC Energy Group’s We Energies Foundation contributed $2 million to the host committee for the Republican National Convention, while several executives personally donated to Donald Trump’s campaigns. The donations and in‑kind support, including the use of company facilities, highlight the company's financial ties to far‑right political events and figures.
-80
Political Contributions and Lobbying Efforts
May 31
The We Energies Foundation's $2 million contribution to the RNC host committee demonstrates significant financial support directed towards far‑right political activities, aiding in the promotion of authoritarian agendas.
-60
Executive Political Engagement
May 31
Multiple WEC executives have contributed directly to Donald Trump’s campaigns, reinforcing the company’s involvement with individuals and political agendas aligned with authoritarian ideologies.
- AUG122024
WEC Energy Group released its 2023 Corporate Responsibility Report on August 12, 2024. The report details significant progress in reducing carbon emissions, retiring coal generation ahead of schedule, advancing renewable energy investments, engaging diverse suppliers, and supporting community initiatives including charitable grants and educational partnerships. These efforts signal a strong commitment to sustainable and ethical business practices.
+80
Business Practices and Ethical Responsibility
May 31
The report showcases comprehensive ESG initiatives including accelerated coal retirement, aggressive renewable investments, support for diverse suppliers, and community engagement through charitable and educational programs. These efforts reflect a proactive commitment to ethical business practices and sustainability, which align with progressive values and promote environmental and social justice.
- JUN302024
WEC Energy Group outlines its comprehensive political strategy, which includes regulated contributions through multiple PACs, targeted lobbying efforts to support safe, reliable, and affordable energy, and robust oversight via an independent Audit and Oversight Committee that ensures compliance with federal and state laws.
+30
Political Contributions and Lobbying Efforts
May 31
The company maintains a clear and transparent policy on political contributions and lobbying. Its detailed reporting and regulated contributions via PACs demonstrate adherence to established norms, supporting advocacy for energy safety and affordability without personal political bias.
+20
Executive Political Engagement
May 31
The oversight of political activities by an Audit and Oversight Committee composed solely of independent directors helps mitigate undue corporate influence, ensuring that executive political engagement remains accountable and aligned with regulatory frameworks.
Alternatives
Toronto, Canada
69.70
Corporation
-28.82
Madrid, Spain
16.86
London, United Kingdom
11.41
Houston, United States
-10.77
India
-30.42
Jackson, United States
-38.11
South Africa
-48.25
Vancouver, Canada
29.38
New York, USA
-6.67
Corporate Financials
- Revenue
- 2025
- $6.90B
- Total Assets
- 2025
- $44.80B
- Operating Income
- 2025
- $1.80B
- Total Equity
- 2025
- $19.00B
Industries
- 221118
- Other Electric Power Generation
- 221121
- Electric Bulk Power Transmission and Control
- 221122
- Electric Power Distribution
- 221310
- Water Supply and Irrigation Systems
- 486210
- Pipeline Transportation of Natural Gas