Hawaiian Electric Industries.
HE.US | Electric power generation, transmission and distribution
Hawaiian Electric Industries, Inc. (HEI) is a holding company primarily engaged in providing electricity services in the state of Hawaii. Through its subsidiaries, including Hawaiian Electric Company, Maui Electric Company, and Hawaii Electric Light Company, HEI generates, transmits, and distributes...Show More
Better Health for All
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Hawaiian Electric generates approximately two-thirds of its electricity from non-renewable sources, which are associated with negative health impacts, and a similar proportion of its revenue is derived from these activities. The company has reduced its greenhouse gas emissions by 22% compared to 2005 levels.
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Additionally, Hawaiian Electric sponsors educational programs for over 65,000 students and teachers annually, covering topics such as electrical safety and emergency preparedness, contributing to public health literacy.
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Several health-related KPIs are not applicable to the company's core business of electricity and banking.
Fair Money & Economic Opportunity
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No specific, concrete data points were found in the provided articles that directly address the quantitative thresholds or definitions of the 'Fair Money & Economic Opportunity' KPIs in the context of HEI's financial services or banking operations. While HEI is a holding company involved in banking, the evidence primarily pertains to its electricity utility operations, such as electricity rates, customer disconnections for nonpayment, energy burden, and wildfire-related settlements. Information regarding consumer lending products, APRs, fee structures, loan books, customer debt-to-income ratios from financial products, or specific financial literacy program outcomes for financial services customers was not available.
Fair Pay & Worker Respect
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The company's CEO-to-median employee pay ratio was 58:1 in 2024.
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Roughly half of the Utilities’ workforce is covered by a collective bargaining agreement with the International Brotherhood of Electrical Workers Local 1260, with a new three-year contract ratified in January 2024.
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Employee engagement surveys on Glassdoor show an overall rating of 3.9 out of 5 stars, with 75% of employees recommending the company to a friend.
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In the past three years, the company incurred two substantiated workplace safety or health violations from OSHA in 2022 and 2024.
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Fair Trade & Ethical Sourcing
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No specific, quantitative data points relevant to fair trade and ethical sourcing, such as fair trade certification share, audit frequency, forced or child labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend, were found in the provided articles.
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Honest & Fair Business
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The company incurred $1,990,066,971 in fines over the past three years (2022-2024).
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This includes a $1,990,000,000 fine in 2024 for a utility safety violation from a private lawsuit-federal, along with additional workplace safety or health violations totaling $66,971 from OSHA in 2022 and 2024.
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Kind to Animals
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Hawaiian Electric's operations have a documented negative impact on wildlife, with 14 collisions of endangered seabirds with power lines recorded since 2010, and over 200 potential collisions detected in 2022.
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Wildfires also contribute to the loss of native resources
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and impact critical habitats.
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While the company has committed $480,000 annually for habitat monitoring and enhancement projects in Maui as part of a three-year settlement with conservation groups,
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and is conducting bird flight path studies,
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developing a Habitat Conservation Plan,
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and implementing measures like installing diverters on power lines,
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shielding facility lighting,
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and altering power lines,
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there are no reported measurable biodiversity impacts or species recovery metrics from these initiatives. The company actively engages in public policy related to animal welfare by pursuing permits under the federal Endangered Species Act and state law,
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and developing a long-term Habitat Conservation Plan in collaboration with the U.S. Fish and Wildlife Service and the Hawaii Department of Land and Natural Resources.
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It also collaborates with various local, state, and federal agencies, community organizations, and stakeholders on wildfire safety and infrastructure,
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and provides annual updates to the Public Utilities Commission.
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No War, No Weapons
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No relevant quantitative data or specific information was found in the provided articles to score any of the 'No War, No Weapons' KPIs for Hawaiian Electric Industries (HE.US). While mentions a $638.5 million contract for Hawaiian Electric to provide energy services to Army facilities over 50 years,
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the percentage of this revenue relative to the company's total revenue is not disclosed, preventing a score for 'revenue_arms_contracts'. For all other KPIs, no specific, concrete data points were available.
Planet-Friendly Business
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Hawaiian Electric sourced 36% of its operational energy consumption from renewables in 2024-2025.
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In 2024, the company's renewable energy generation was 3,695 gigawatt-hours, representing 35.8% of its total generation of 10,311 gigawatt-hours, an increase from 3,392 GWh in 2023.
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By island in 2024, Oahu's generation was 30.8% renewable, Maui County's was 41.1%, and Hawaii Island's was 58.7% renewable.
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The company has an economywide net-zero GHG emissions target for 2045.
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No regulatory actions, violations, fines, or compliance issues are explicitly mentioned in the provided articles.
Respect for Cultures & Communities
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No evidence available to assess Hawaiian Electric Industries on Respect for Cultures & Communities.
Safe & Smart Tech
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Hawaiian Electric Industries (HEI) and its subsidiary Hawaiian Electric (HECO) have reported no material cybersecurity incidents or incidents of unauthorized data use.
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HECO invests millions annually in cybersecurity, with a 20% annual increase, and emphasizes employee training.
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Security measures are evaluated and audited against NIST CSF by internal audit and third-party specialists.
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A Hawaiian electric utility, a subsidiary of HEI, developed a multiphase roadmap for maturing its cybersecurity posture, including formalized policies, procedures, and best practices.
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This utility also adopted an Incident Response Plan, a Disaster Recovery Plan, and a Continuity of Operations Plan.
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Zero Waste & Sustainable Products
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No specific, concrete data points were found in the provided articles to assess Hawaiian Electric Industries (HE.US) against any of the Key Performance Indicators for the 'Zero Waste & Sustainable Products' ethical value. The articles describe Hawaii state regulations for managing universal and hazardous waste, including reporting requirements and penalties, but do not provide quantitative or qualitative evidence of the company's performance regarding waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management performance, product durability, repairability, waste audit frequency, zero-waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education. The company's sustainability reports, as summarized, focus on electricity production and explicitly state a lack of data for these waste and product-related metrics.
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