2024 Corporate Responsibility Report: Sustainable Progress for an Enduring Enterprise

Atec reports $29.9 billion market cap and $47.4 billion in assets.

The company has a long history of quality earnings with a compound annual growth rate of ~6.7% from 2015 to 2024. It projects long-term EPS growth of 6.5% to 7%.

Atec plans $28.0 billion capital investment from 2025 to 2029.

The investment is primarily focused on electric generation at $13.2 billion and electric distribution at $5.3 billion. The company aims to invest in renewable and low-carbon energy and modernize infrastructure.

Atec completed sediment remediation at the Milwaukee Solvay Car Ferry Slip.

The company actively remediated environmental sites in 2024. It also continued work on several former manufactured gas plant sites.

Combustion product production decreased from 508,200 metric tons in 2022 to 476,000 in 2024.

Beneficial use remained high at 99% in both 2023 and 2024. In 2024, beneficial use exceeded production by utilizing surplus from prior years.

WEC Energy Group achieved first place in the 2024 E Source study.

Wisconsin Public Service was named a 'Customer Champion' and 'Most Trusted Brand' in Escalent’s 2024 study.

Atec manages climate-related risks through its Climate Risk Committee.

The company engages with industry experts for risk assessments. It joined the EPRI SMARTargets™ initiative in 2023 to develop GHG target setting methodology.

1. 01
   Climate Risk Committee

   Manages climate-related risks and opportunities
2. 02
   Expert engagement

   Engages with industry experts for risk assessments
3. 03
   EPRI SMARTargets™

   Joined in 2023 to develop GHG target setting methodology