MGE Energy Inc

Common Name
MGE Energy
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
717
Ticker
MGEE
Exchange
NASDAQ/NGS
Description
Mge Energy Inc. is a publicly traded energy company primarily involved in the generation, purchase, transmission, and distribution of electricity. It serves Madison, Wisconsin, and the surrounding are...

MGE Energy's Climate Target Data Preview

As of 2024, MGE Energy has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into MGE Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind MGE Energy’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore MGE Energy’s data sources below and access millions more through our Disclosure Search.

a. MGE Energy's CDP Climate sourced from company’s website 2024
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Insights into MGE Energy's Greenhouse Gas Emissions Pathways

As of 2024, MGE Energy has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories. a

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