FirstEnergy
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OVERALL |
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Owned |
USA |
Rating |
N/A |
Electricity
FirstEnergy Corp. | USA | website |
Company Assessment
PRAISE | CRITICISM | INFORMATION | ||
FirstEnergy Corp. | ||||
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 84.2/100, ranking 5th in the Energy & Utilities sector, and 62nd overall.
Source: Newsweek (2021)
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of B-.
Source: CDP (2022) |
This company is involved in the production of coal or coal-based energy.
Source: company website (2022)
Named one of Multinational Monitor's '10 Worst Corporations' in 2006. [Listed under Information due to age of report]
Source: Multinational Monitor (2006)
As You Sow's 2016 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Anthony Alexander came in at number 92 on the list, having been paid US$15,536,530 in 2015. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2016)
In 2022 the median pay for a worker at this company was US$130,212. The CEO was paid 77 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2023)
In 2022, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of C.
Source: CDP (2022)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2024 rankings the public identified 20 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 354th of 937 companies, and 29th of 44 Utilities companies.
Source: JUST Capital (2024) |
Company Details
Type | Public company |
Contact Details
Address | USA |
Website | firstenergycorp.com |