MASHINIi

Ameren Corp.

AEE.US | Electric power generation, transmission and distribution

Ameren Corporation is a public utility holding company. It operates through its subsidiaries, providing electricity and natural gas services to customers in Missouri and Illinois. The company generates, transmits, and distributes electricity, and also purchases and distributes natural gas. Ameren's ...Show More

Ethical Profile

Mixed.

Ameren Corp's ethical profile is mixed. The company faced a $61 million settlement in 2024 for Clean Air Act violations at its Rush Island Energy Center, allegedly for unpermitted sulfur dioxide emissions. Total penalties since 2000 reportedly exceed $285 million. A 2021 protest against rate hikes was also noted. Conversely, Ameren targets net-zero emissions by 2045, investing in substantial wind and solar projects. The company facilitated 68 economic development projects in 2024, creating 2,700 jobs and over $3.6 billion in investments. Ameren Missouri also proposed $205 million in customer rebates, including $70 million for income-eligible customers.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing40
-100100
Honest & Fair Business10
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities50
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

The provided articles detail Ameren's initiatives to reduce carbon and SO₂ emissions

1
, acquire renewable energy facilities (solar, wind)
2
3
, and set net-zero carbon goals
4
. These actions are described as indirectly supporting public health through cleaner air
5
6
. However, the 'Better Health for All' value explicitly states that it 'does not cover environmental pollution control, which is part of Planet-Friendly Business.' Consequently, the evidence, which falls under environmental pollution control, cannot be used to score any of the KPIs for this value. No other information relevant to direct health benefits, medical treatments, preventative healthcare, or mental/physical wellness programs is present in the articles.

Fair Money & Economic Opportunity

0

Ameren, a public utility company, provides electricity and natural gas services, not financial lending or deposit services. Therefore, most KPIs under Fair Money & Economic Opportunity, which focus on financial products, lending, fees, and customer financial data, are not applicable. The company offers rebates and incentives, including $70 million for income-eligible customers in one plan (2025-2027)

1
and $67 million in another (2024-2026),
2
to help customers save on electricity costs. Ameren also provided over $70,000 in support for community initiatives in southeast Missouri in January 2025
3
and facilitated 68 economic development projects in 2024,
4
creating 2,700 jobs and over $3.6 billion in capital investments.
5

Fair Pay & Worker Respect

0

Ameren emphasizes safety, conducting monthly audits of safety indicators and setting targets for both lagging and leading metrics.

1
The company conducts confidential employee engagement surveys twice annually to assess and enhance the employee experience.
2
In June 2024, Ameren was recognized by Fair360 for its commitment to diversity, equity, and inclusion, including its Employee Resource Groups, Philanthropy, and Black Executives.
3
However, the provided articles do not contain specific quantitative data points for living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage for AEE.US.

Fair Trade & Ethical Sourcing

40

In 2022, Ameren directed approximately $1.1 billion of its total procurement spend of over $3.4 billion to diverse suppliers, including minority-, women-, and veteran-owned businesses.

1
This represents 32.35% of its total spend and marks a 22% increase over 2021.
2
The company engaged with 3,615 suppliers across 49 states in 2022, emphasizing partnerships with those who responsibly manage environmental, social, and economic impacts.
3

Honest & Fair Business

10

Ameren Missouri was mandated in 2024 to invest $61 million in projects to offset 14 years of unauthorized sulfur dioxide emissions from its Rush Island Power Plant, following Clean Air Act violations.

1
This settlement includes $25 million for HEPA filters for low-income households
2
and $36 million for electrifying school buses.
3
In 2020, Ameren received a score of 97.1 out of 100 from the Center for Political Accountability for transparency and accountability in corporate governance.
4

Kind to Animals

0

No evidence available to assess Ameren Corp on Kind to Animals.

No War, No Weapons

0

Ameren has no direct involvement in weapons production or military contracts and avoids military involvement.

1
The company provides electricity to Boeing facilities, which are powered by 100% renewable electricity.
2
Ameren supports military veterans through initiatives such as the Ameren Missouri Veterans Fund, which has provided energy assistance to 650 military households since 2018, and is recognized as a Military Friendly Employer.
3

Planet-Friendly Business

-40

Ameren's total Scope 1, 2, and 3 greenhouse gas emissions were 36,567,973 tCO2e in 2023.

1
The company was ordered by a U.S. District Court to pay $61 million to mitigate effects of 14 years of unpermitted excess sulfur dioxide emissions at its Rush Island Power Plant, which was shuttered in October 2024.
2
Additionally, Ameren Illinois and Ameren Missouri had a combined 18 Notices of Probable Violation for pipeline incidents in 2023.
3
Ameren's Climate Report incorporates the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), and the company is a member of EPRI’s Climate Resilience and Adaptation Initiative (Climate READi).
4
External consultants modeled three scenarios for Scope 3 emissions reduction to net zero by 2050.
5
The company plans to retire over 3,500 megawatts of fossil-fired generation by 2030, with all coal-fired energy centers scheduled for retirement by 2042.
6
For climate justice, the court order included $25 million for HEPA filters for 125,000 low-income households and $36 million for electric school buses in St. Louis.
7
Ameren has also established an energy equity framework, environmental justice principles, and funded a $350,000 tree planting program in at-risk communities between 2023 and 2026.
8
Regarding just transition, during the 2022 Meramec and 2024 Rush Island Energy Center closures, all Ameren Missouri employees were either reassigned to another job or chose to retire.
9

Respect for Cultures & Communities

50

Ameren has established over 40 formal partnerships with indigenous and local community groups.

1
These include partnerships with four First Nations (Taykwa Tagamou Nation, Michipicoten First Nation, Chapleau Cree First Nation, and Missanabie Cree First Nation).
2
The company also partners with numerous local community organizations such as the United Way of Central Illinois, United Way of Central Missouri, St. Louis Area Foodbank, Urban League of Metropolitan St. Louis, Jackie Joyner-Kersee Foundation, and dozens of regional United Way chapters.
3
Further partnerships include the CCAA, EPRI, Bat Conservation International, Environmental Solutions and Innovations (ESI), The Scholarship Foundation of St. Louis, Spire, and Metropolitan Sewer District.
4

Safe & Smart Tech

0

Ameren has not been aware of any cybersecurity events that have materially affected the company as of February 2026.

1
A ransomware attack on a supplier in March 2020 led to the theft of files without affecting customer or critical data.
2
The company is subject to mandatory FERC and NERC cybersecurity standards
3
and files yearly 10-K reports that include cybersecurity risk management and governance.
4
Ameren manages cybersecurity as an enterprise risk through an integrated program, leveraging frameworks like the National Institute of Standards and Technology Cybersecurity framework.
5
Its cybersecurity program is led by a Chief Information Security Officer with over 25 years of critical infrastructure experience.
6
A board-level Cybersecurity and Digital Technology Committee provides oversight, receiving regular updates from the CISO and senior management.
7
The company employs a third-party cybersecurity risk management program, conducts regular training and tests,
8
and continuously tests incident response plans through company-wide cybersecurity exercises, including board participation.
9
Ameren measures cybersecurity effectiveness using formal scorecards and metrics, and regularly engages external cybersecurity experts for program evaluation.
10

Zero Waste & Sustainable Products

-30

Ameren Missouri recycles 69% of its Coal Combustion Residuals (CCRs)

1
and aims to increase this to 85%.
2
The company has implemented several waste reduction initiatives, including a pole recycling program that diverted 2,100 tons of wood waste in 2024
3
and 5,500 tons since 2022
4
, and a tire retread program that kept 465 tires out of landfills in 2023.
5
Ameren also has a Waste Minimization Program
6
, an Investment Recovery Program
7
, and a policy to recycle various items like scrap metal, transformers, and batteries.
8
For hazardous waste, Ameren has a policy to substitute hazardous chemicals, safely dispose of wastes, conduct compliance assessments, provide training, evaluate vendors, and audit disposal facilities.
9
The company has also remediated 44 former manufactured gas plant sites.
10

Own Ameren Corp?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.