Nextera Energy (NEE)

Overall impact
B (69)

Commentary

Nextera Energy is a strong overall performer. With a 'B' rating of 69.3 for overall impact (80th percentile compared to all companies), Nextera Energy ranks 21st out of 114 industry peers, behind Hokuriku Electric Power, SSE, Enel and 17 others, and ahead of Kenon, Sarawak Energy Berhad, Electricity Generating Public Company and 90 others. On top material causes for Nextera Energy's industry (Electric Utilities), Nextera Energy performs well in Renewable Energy Growth (95.6 score), Reduced Waste (80.7), Healthy Oceans (89.7) and 10 other causes where it received an 'A' score and performs poorly in Accountable Institutions (28.3 score), Accountable Institutions (28.3), Renewable Energy Growth (39.9) and 14 other causes where it received a 'D' or 'F' score.
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Company
Founded
1925
Employees
17,400
Sector
Utilities
Industry
Electric Utilities
Sub-industry
Electric Utilities
SASB industry
Electric Utilities & Power Generators
Headquarters
Fl, United States
Share classes
NEE
Mission
To be the largest and most capable clean energy provider in North America. We are committed to being the best electric utility in the world, by delivering superior value to our customers, by operating with excellence, and by supporting a constructive regulatory environment.
Description
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consist of clean energy solutions, such as renewable generation facilities, battery storage facilities, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages, and operates electric generation facilities in wholesale energy markets. The company had approximately 35,052 megawatts of net generating capacity; approximately 91,000 circuit miles of transmission and distribution lines; and 921 substations. It serves approximately 12 million people through approximately 6 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
Material causes
Ethos considers the following causes material for Nextera Energy, based on its industry sub-industry Electric Utilities. Learn more about material causes in our methodology overview.

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