MASHINIi

Alliant Energy Corp.

LNT.US | Electric power generation, transmission and distribution

Alliant Energy Corporation is a public utility holding company. It provides regulated electric and natural gas service to customers in the Midwest region of the United States. The company generates electricity from a mix of coal, natural gas, wind, and solar resources. It also transmits and distribu...Show More

Ethical Profile

Mixed.

Alliant Energy's ethical standing is mixed. It is actively transitioning to renewables, targeting an 80% emissions reduction by 2040 and planning coal elimination by 2040. It has tripled solar capacity and reports over 50% renewable energy for Iowa customers. Alliant Energy has been recognized as a Forbes Best Midsize Employer for five years, also earning a top score for LGBTQ+ equality. However, it faced a reported $8.9M fine for benefit violations and a 2015 EPA Consent Decree over alleged Clean Air Act violations. The company contributed nearly $11M to community programs in 2023 and removed approximately 12,000 pounds of mercury from a plant over 25 years.

Value Scores

Better Health for All-10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect10
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals-10
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-10
-100100
Respect for Cultures & Communities20
-100100
Safe & Smart Tech10
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

-10

Alliant Energy's Wisconsin utility retrofitted the Columbia Energy Center with an Air Quality Control System, significantly reducing emissions

1
and removing approximately 12,000 pounds of mercury over 25 years
2
, which contributes to improved air quality and public health
3
.

Fair Money & Economic Opportunity

0

Alliant Energy Corporation is a public utility company, not a financial institution. The 'Fair Money & Economic Opportunity' value and its associated KPIs are designed to assess companies involved in lending, insuring, moving, or storing money, focusing on financial products, APRs, loan books, and financial literacy initiatives. While Alliant Energy engages in significant community support, such as donating $11 million in 2023 to various causes

1
and $4 million to its Hometown Care Energy Fund to assist customers with energy bills
2
, these activities do not align with the specific financial services metrics required by the rubric. The provided articles do not offer data points related to percentages of underserved clients in a loan portfolio, average APRs, revenue from high-cost financial products, or the percentage of pre-tax profit reinvested in community finance. Consequently, no KPIs can be scored based on the provided evidence.

Fair Pay & Worker Respect

10

Alliant Energy's employee satisfaction is reflected in an average rating of 3.8 out of 5 (76%) on CareerBliss, with an 83% recommendation rate.

1
The company has been recognized as one of America's Best Midsize Employers by Forbes for five consecutive years based on employee surveys.
2
Alliant Energy consistently earns a top score of 100 on the Human Rights Campaign Foundation's Corporate Equality Index, marking six consecutive years of recognition for LGBTQ+ workplace inclusion and equitable benefits.
3
It has also been included in Bloomberg's Gender-Equality Index since 2019
4
and recognized as a 3-Star Employer by VETS Indexes for its support of veterans.
5
The company collaborates with labor unions, offering training and apprenticeships with full-time wages and benefits.
6

Fair Trade & Ethical Sourcing

0

Alliant Energy has implemented a Supplier Diversity Program focused on increasing the use of businesses owned by minorities, women, veterans, and LGBTQ+ individuals

1
, requiring these suppliers to obtain certification from recognized third-party organizations
2
. The company's Supplier Code of Conduct mandates high ethical standards, fair, honest, and objective business dealings from its suppliers
3
. Offending suppliers may be disqualified from future business opportunities
4
. Alliant Energy was also recognized on Newsweek's Most Responsible Companies list for its ESG performance
5
.

Honest & Fair Business

0

No specific, quantifiable evidence was found in the provided articles to assess Alliant Energy Corp against the defined KPIs for the 'Honest & Fair Business' ethical value. Information regarding regulatory fines within the last three years, recognized transparency index scores, whistleblower policies, financial restatements, audit coverage percentages, ESG controversy scores, complaint resolution times, the percentage of the full board free from conflicts of interest, anti-corruption policy strength and enforcement, or third-party verification of ethical claims was not explicitly available or did not meet the quantitative thresholds of the rubric.

Kind to Animals

-10

Alliant Energy has undertaken extensive wildlife conservation initiatives, protecting, enhancing, or restoring 17,335 acres of habitat

1
and planting over 1.1 million trees and seedlings
2
. The company has long-standing conservation plans, such as the Karner Blue Butterfly Conservation Plan since 1999
3
, and supports peregrine falcon populations
4
, osprey
5
, and lake sturgeon restoration
6
. For its wind energy projects, Alliant Energy has an approved Habitat Conservation Plan (HCP) and Incidental Take Permit (ITP) under the Endangered Species Act
7
for multiple bat species
8
, investing nearly $4.33 million in HCP development
9
and committing to 612.4 acres of upfront mitigation
10
. This plan includes strategies to reduce bat mortality by 35-50% from baseline levels through turbine curtailment and smart curtailment systems
11
. The company also implements an Avian Protection Plan, revised in 2021
12
, which includes risk management, infrastructure modifications, and annual employee training
13
. Alliant Energy actively engages with state and federal environmental agencies, including the U.S. Fish and Wildlife Service
14
and state Departments of Natural Resources
15
, on environmental studies, permits, and the implementation of its HCPs
16
, including annual meetings to discuss progress and compliance with acts like the Migratory Bird Treaty Act and the Bald and Golden Eagle Protection Act
17
.

No War, No Weapons

0

The company operates as a public utility providing electric and natural gas services, with no evidence of involvement in arms manufacturing, military contracts, or defense-related activities. While the company supports veterans and military-connected individuals, this does not imply involvement in military operations or arms production. Its community efforts include a 'One Million Trees' initiative to plant one million trees by 2030

1
and a $1 million Rural Hunger Initiative
2
. In 2024, the company contributed nearly $9.3 million and over 80,000 volunteer hours to community safety, environmental stewardship, workforce readiness, hunger, and housing
3
.

Planet-Friendly Business

-10

Alliant Energy supplied over 50% of energy to its Iowa customers from renewable generation by August 2023

1
, primarily due to a 25% rise in wind energy production compared to 2021
2
. In December 2023, the company completed six new solar projects in Wisconsin, adding 514 megawatts of solar capacity
3
. Alliant Energy plans to eliminate coal from its generation fleet by 2040
4
and targets an 80% reduction in utility operations emissions from 2005 levels by the same year
5
. The company also announced the development of a 20MW/200MWh energy storage system with a $30 million federal grant in November 2023
6
. As part of a commitment to plant one million trees by 2030
7
, Alliant Energy successfully planted 120,000 trees in the first year
8
.

Respect for Cultures & Communities

20

Alliant Energy has no reported cultural appropriation incidents.

1
The company implements a "Cultural resource review" to identify and avoid or minimize impact on historic structures, architectural resources, and archaeological sites.
2
Additionally, its One Million Trees initiative supports the preservation of local ecosystems that are integral to various communities' cultural heritage.
3

Safe & Smart Tech

10

Alliant Energy has reported no material cybersecurity breaches or incidents.

1
The company requires annual general security awareness training for all employees and contractors, tracked through learning management systems, and conducts monthly phishing tests with results reported to executive leadership.
2
Alliant Energy implements strong data governance, requiring vendors to use data only for specified purposes and to return or destroy unnecessary personally identifiable data.
3
The company provides customers with comprehensive data control options through a Privacy Center, allowing them to manage personal data, opt out of targeted advertising, and delete data.
4
Alliant Energy ensures compliance with applicable privacy and security laws and regulations, including NERC Critical Infrastructure Protection and DHS Transportation Security Administration standards, with no reported cybersecurity violations or fines.
5
Alliant achieved IAB Tech Lab's Data Transparency Standard certification.
6
The company conducts regular and periodic security assessments of threats and vulnerabilities.
7

Zero Waste & Sustainable Products

-40

The company has implemented two waste reduction initiatives. A process at its Big Cedar Industrial Center recycles decommissioned wind turbine blades, converting them into reinforcement fibers for concrete and mortar applications, preventing approximately 30,000 tons of blade material from entering landfills each year.

1
Additionally, through a partnership, the company facilitated the recycling of nearly 150,000 outdated appliances, diverting 95% of their components from landfills.
2

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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.