FirstEnergy

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FirstEnergy (NYSE: FE) is a diversified energy company dedicated to safety, reliability and operational excellence. Headquartered in Akron, Ohio, FirstEnergy’s 10 regulated distribution companies form one of the nation’s largest investor-owned electric systems, with more than $15 billion in annual revenues, approximately $50 billion in assets and over 16,000 employees ready to take on the most difficult energy challenges. Its diverse generating fleet has a total capacity of more than 20,000 megawatts.

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3.7

Overall Excellence Rating

Industry

Utilities

Category

Energy & Utilities

ESG/Ethical Impact

FirstEnergy, as an energy company, has a significant environmental impact due to its involvement in the generation and distribution of electricity. The company’s environmental impact includes emissions of greenhouse gases, air pollutants, and the management of waste products, such as coal ash. FirstEnergy’s social impact revolves around providing reliable electricity to its customers and supporting the communities it serves. Ensuring the safety and reliability of its services is paramount for its social impact. The company can enhance its social impact by investing in infrastructure improvements to minimize power outages, offering energy assistance programs for low-income customers, and actively engaging with communities through initiatives like job creation and education programs. Strong governance practices are crucial in the energy industry, and FirstEnergy’s governance impact is central to its operations. Ensuring transparent financial reporting, maintaining ethical conduct in business activities, and adhering to regulatory standards are core aspects of their governance impact. Upholding transparency, accountability, and regulatory compliance is essential to build trust among customers, investors, regulatory bodies, and the broader public, which is critical for the company’s long-term success.

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Awards Received

2023

Revenues

$12,500,000,000.00

Website Traffic

Employee Rating

3.5

Customer Rating

3.5

Company Size

10000+

ESG Risk Rating

3

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