Southern Company

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A century ago, James Mitchell – engineer, builder, entrepreneur, and man of the world – traveled to the American South and made the first big bet for Southern Company. Mitchell was so inspired by the hydro potential of Alabama’s rivers that he dreamed of developing a series of dams to electrify the Southeast. To bring his dream to life, he sketched out a regional power network, raised money from British investors, and created the first of the three forerunner holding companies that would play prominent roles in Southern Company’s history. In the century since, Southern Company and its predecessor companies have faced every conceivable impediment to progress – natural and man-made disasters, a hostile takeover, financial challenges and numerous threats and attempts to pull its business apart and scramble the pieces. Rather than being destroyed by these challenges, Southern Company grew stronger, more resilient, and more committed to its mission. That Southern Company has not only survived for a century but also empowered the South to thrive is a reflection on the leaders who emerged to shepherd the company safely into tomorrow.

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3.6

Overall Excellence Rating

Industry

Utilities

Category

Energy & Utilities

ESG/Ethical Impact

Energy connects people, businesses and future generations to growth, possibility and opportunity. Driven to realize this potential, Southern Company continues to build the future of energy for the advancement of our customers and communities. Our company has been in existence for more than a century, and as we move toward a new energy future we will build on our solid foundation to help ensure the sustainability of our business for many years to come. Governance: Southern Company’s leadership changes reflects thoughtful succession planning. Regular refreshment strengthens our diverse, fit-for-purpose Board. Corporate governance standards designed to create long-term value. Environmental: Scenario planning process has been in place since 2008 and serves as basis for integrated resource planning at state- regulated electric operating companies, informing major generation retirement and capital investment decisions. Each operating company is committed to reliability and affordability while adopting new technologies as they become available to enable Southern Company’s transition to net zero. Social: Enhancing pay equity and workforce diversity transparency. Our employees are one of our greatest assets, and our actions demonstrate the value we place on our people

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Awards Received

2023

Revenues

$29,200,000,000.00

Website Traffic

Employee Rating

4.2

Customer Rating

3.1

Company Size

10000+

ESG Risk Rating

2

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