MILWAUKEE, Nov. 10 /PRNewswire-FirstCall/ — Wisconsin Energy Corporation (NYSE:WEC) has released its 2005 Performance Report documenting its economic, environmental and social performance. The report can be found at http://www.wisconsinenergy.com/ .
The 2005 WEC Performance Report follows the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines, a voluntary protocol that helps corporations communicate information in a balanced, clear, complete and transparent manner to employees, customers, stockholders and others interested in company performance.
This is the company’s fifth performance report. Wisconsin Energy issued its first performance report in 2002 (for the year 2001), becoming the first energy company in Wisconsin to endorse the GRI Guidelines and articulate its economic, environmental and social performance to its stakeholders. GRI Guidelines allow Wisconsin Energy’s performance to be compared more easily with other organizations that publish GRI-based performance reports.
The report includes the company’s vision and strategy, which is described by Gale Klappa, Wisconsin Energy chairman, president and chief executive officer. Other main sections include:
— Economic: short- and long-term strategies plus a number of past
financial performance measures.
— Environmental: air emissions, renewable energy, energy efficiency,
energy production and use, biodiversity and compliance, and more.
— Social: employment, health, safety, diversity, community investment
and public relations.
— Governance and Management: board independence, director selection and
governance-related matters.
A Summary Performance Report also is available online. It provides a 16- page overview of Wisconsin Energy’s 2005 performance, based on the full report.
Wisconsin Energy Corporation (NYSE:WEC) , based in Milwaukee, is one of the nation’s premier energy companies, serving more than 1.1 million electric customers in Wisconsin and Michigan’s Upper Peninsula and more than 1 million natural gas customers in Wisconsin. The company’s principal utilities are We Energies and Edison Sault Electric. The company’s non-utility businesses include renewable energy technology and real estate development.
Wisconsin Energy Corporation ( http://www.wisconsinenergy.com/ ) has more than $10 billion of assets, 5,300 employees and approximately 56,000 stockholders of record.
