MINNEAPOLIS–(BUSINESS WIRE)–For the second yr in a row, Xcel Power has been named one of many World’s Most Moral Firms® by Ethisphere, a worldwide chief in defining and advancing the requirements of moral enterprise practices.
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Moral Firms evaluation course of contains greater than 200 questions on tradition, environmental and social practices, ethics and compliance actions, governance, range and initiatives to help a powerful worth chain.
The survey was expanded this yr to acknowledge how firms have tailored and responded to the COVID-19 pandemic, along with commitments to environmental, social and governance points, security, fairness, and inclusion and social justice.
“We’re honored to once more be acknowledged one of many 2021 World’s Most Moral Firms,” mentioned Ben Fowke, president, and CEO of Xcel Power. “I’m very pleased with how Xcel Power has maintained its dedication to our core values and clear power objectives, regardless of the challenges introduced on by the pandemic.”
Xcel Power is the primary main U.S. electrical energy supplier to decide to decreasing carbon emissions 80% from 2005 ranges by 2030, with a imaginative and prescient of offering 100% carbon-free electrical energy by 2050, and right this moment the corporate is greater than midway to its purpose, having decreased carbon emissions 51%, a file 12% drop in a single yr.
Xcel Power is one among solely 9 honorees within the Power & Utilities class, and one among solely 4 firms in the US in that group.
The complete listing of the 2021 World’s Most Moral Firms might be discovered at: https://worldsmostethicalcompanies.com/honorees.
About Xcel Power
Xcel Power (NASDAQ: XEL) supplies the power that powers thousands and thousands of houses and companies throughout eight Western and Midwestern states. Headquartered in Minneapolis, the corporate is an trade chief in responsibly decreasing carbon emissions and producing and delivering clear power options from a wide range of renewable sources at aggressive costs. For extra data, go to xcelenergy.com or comply with us on Twitter and Facebook.
In regards to the Ethisphere Institute
The Ethisphere® Institute is the worldwide chief in defining and advancing the requirements of moral enterprise practices that gasoline company character, market belief and enterprise success. Ethisphere has deep experience in measuring and defining core ethics requirements utilizing data-driven insights that assist firms improve company character and measure and enhance tradition. Ethisphere honors superior achievement by its World’s Most Moral Firms recognition program and supplies a group of trade consultants with the Enterprise Ethics Management Alliance (BELA). Extra details about Ethisphere might be discovered at: https://ethisphere.com.