WEC Energy : 2021 Corporate Responsibility Report

2021 Corporate Responsibility Report

S U S T A I N A B L E P R O G R E S S F O R A N E N D U R I N G E N T E R P R I S E

About this report

At WEC Energy Group, we are striving to align our policies and practices with the needs of our key stakeholders, including our customers, communities, employees and investors.

Delivering affordable, reliable and clean energy to our customers. Reducing greenhouse gas emissions. Building and maintaining safe, resilient infrastructure. These imperatives continue to drive our decision-making, and the results are clear. We prioritize the environment and the economies of the areas we serve.

This annual Corporate Responsibility Report is a comprehensive overview of our environmental, social and governance performance for 2021. The information presented in this report was prepared in alignment with the Sustainability Accounting Standards Board (SASB) framework and, where relevant, the Task Force on Climate-Related Financial Disclosures (TCFD), with additional guidance from the Global Reporting Initiative (GRI).

As you'll see, we are working to build a bright, sustainable future while providing the affordable, reliable and clean energy our customers depend on.

This report principally covers the year

2021 for WEC Energy Group Inc. (WEC) and its subsidiaries on a consolidated basis. The performance data is focused on the operations of Wisconsin Electric Power Co. and Wisconsin Gas LLC, doing business as We Energies, and Wisconsin Public Service Corp. in Wisconsin; Michigan Gas Utilities Corp. and Upper Michigan Energy Resources Corp. in Michigan; Minnesota Energy Resources Corp. in Minnesota; The Peoples Gas Light and Coke Co. and North Shore Gas Co. in Illinois; and WEC Infrastructure LLC.

We are headquartered in Milwaukee, Wisconsin, conducting operations primarily in the following reportable segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. Report content does not include performance data from external organizations or activities over which the company has limited control or influence, such as contractors and suppliers.

Due to the timing of the release of

• this report, certain content has been updated to reflect 2022 information.

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Our 2021 Corporate Responsibility Report

Message from Leadership	4
Our company	6
Building and sustaining
long-term value	7
Key facts	8
Priority sustainability issues	10
Operational performance	12
Financial discipline	19

Environment	21
Environmental responsibility	22
Climate strategy	39
Innovation	48

Social	50
Empowered employees	51
Safety and health	58
Community engagement	65
Supply chain integrity	69

Customers	72
Energy reliability	73
Customer satisfaction	75
Energy affordability	79
Economic development	82

Governance	85
Governance	86
Cybersecurity	90
Stakeholder transparency	91
Government relations	93
Awards and recognition	97
Forward-looking statement	98

WEC ENERGY GROUP | 2021 CORPORATE RESPONSIBILITY REPORT

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A message from company leadership

Gale Klappa	Scott Lauber
Executive Chairman	President and
	Chief Executive Officer

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As we look to the future of WEC Energy Group, we see sustainability as a key pillar for our success.

Today, 4.6 million customers depend on us to deliver energy that is affordable, reliable and clean - energy they can depend on through times of challenge and growth.

In the following pages, we describe our commitment to the customers and communities we serve across the Midwest. We hope you'll agree that 2021 was a year of progress - a year of strong results.

As always, we welcome your feedback.

Gale E. Klappa	Scott J. Lauber
Executive Chairman	President and
	Chief Executive Officer

WEC ENERGY GROUP | 2021 CORPORATE RESPONSIBILITY REPORT

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