Corporate Responsibility and Sustainability Report
Our Vision and Commitment
Your community energy company continues to serve its customers and communities safely, reliably, affordably and with increasing sustainability.
MGE's Corporate Responsibility and Sustainability Report details our corporate responsibility, environmental leadership and sustainability goals. It also covers our clean energy investments and partnerships with customers and other stakeholders to advance sustainability through energy efficiency, new technologies and other ways.
Net-zero carbon electricity by 2050
MGE is on the path toward deep decarbonization, pursuing globally recognized strategies to achieve an ambitious goal of net-zero carbon by 2050. Our deep decarbonization goal is consistent with climate science. And, consistent with the science, we have a goal to achieve carbon reductions of at least 80% by 2030.
Read more from leadership about our vision for becoming a utility of the future and our commitment to sustainability.
About this report
MGE’s 2022 Corporate Responsibility and Sustainability Report has been prepared to share matters of performance and of interest to stakeholders. Visit mgeenergy.com/environment for additional information, news and updates. The company’s CDP (Carbon Disclosure Project) questionnaire and EEI ESG/sustainability reporting templates are available in our ESG Data Center.
We continually monitor and review the reports of and/or engage with a number of third-party ESG analytics and ratings firms to help inform our reporting to make available and accessible information relevant to our company operations and our industry. We are committed to helping customers, investors and other stakeholders better understand our strategies, risks, challenges and opportunities as we transition to a more sustainable future.
Additional disclosures can be found in our 10-K and 10-Q, Proxy Statement and filings with the Public Service Commission of Wisconsin.
About MGE
MGE generates and distributes electricity to 159,000 customers in Dane County, Wis., and purchases and distributes natural gas to 169,000 customers in seven south-central and western Wisconsin counties. MGE is a regulated utility subsidiary of the investor-owned public utility holding company MGE Energy, Inc. MGE’s roots in the Madison area date back more than 150 years.
As your community energy company, we are committed to this area and its people.
We take responsibility to:
- Plan and provide a reliable energy supply that balances the needs and values of those we serve.
- Provide information and education to serve our customers and stakeholders and help inform their energy decisions.
- Preserve and protect our environment while providing affordable, reliable energy.
- Encourage and support economic and business development to keep our economy strong and vibrant.
- Engage in open and honest dialogue, partnership and collaboration to best serve our customers and the broader community.
This report includes forward-looking statements and estimates of future performance that may differ from actual results because of uncertainties and risks encountered in day-to-day business.