The Southern Company (SO)

Overall impact
D (30)

Commentary

Southern Company is a below-average overall performer. With a 'D' rating of 30.1 for overall impact (bottom 25% of all companies), Southern Company ranks 76th out of 95 industry peers, behind Energy Co of Parana, Envela, Meridian Energy and 72 others, and ahead of MVV Energie, Power Assets, Central Puerto and 16 others. On top material causes for Southern Company's industry (Utilities), Southern Company performs well in Renewable Energy Growth (93.8 score) and Renewable Energy Growth (96.6) and performs poorly in Reduced Waste (22.4 score), Clean Water Access (4.4), Equal Pay and Opportunity (31.6) and 12 other causes where it received a 'D' or 'F' score.
Impact
Cause SO
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Company
Employees
27,819
Sector
Utilities
Industry
Electric Utilities
Sub-industry
Electric Utilities
SASB industry
Electric Utilities & Power Generators
Headquarters
Ga, United States
Share classes
SO
Mission
To provide clean, safe, reliable and affordable energy is about more than our bottom line. We're committed to supporting and improving our communities and environment at the local level and beyond, while conducting business with honesty, integrity and fairness.
Description
The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it owns and operates nuclear, coal, hydro, cogeneration, solar, wind, battery storage, and fuel cell facilities. Further, the constructs, operates, and maintains approximately 77,900 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.9 million electric and gas utility customers. Further, it develops distributed energy and resilience solutions; deploys microgrids for commercial, industrial, governmental, and utility customers; and offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
Material causes
Ethos considers the following causes material for The Southern Company, based on its industry sub-industry Electric Utilities. Learn more about material causes in our methodology overview.

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