Centerpoint Energy (CNP)

Overall impact
D (22)

Commentary

Centerpoint Energy is a below-average overall performer. With a 'D' rating of 22.1 for overall impact (bottom 10% of all companies), Centerpoint Energy ranks 59th out of 63 industry peers, behind Clean Energy Fuels, RGC Resources, Enagas and 55 others, and ahead of Atmos Energy, APA, AltaGas and 1 other. On top material causes for Centerpoint Energy's industry (Utilities), Centerpoint Energy performs poorly in Renewable Energy Growth (0.0 score), Accountable Institutions (28.4), Terrestrial Biodiversity (0.0) and 13 other causes where it received a 'D' or 'F' score. Centerpoint Energy did not receive an 'A' rating on any cause.
Impact
Cause CNP
Peer rank
Overall impact

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Company
Founded
1882
Employees
8,827
Sector
Utilities
Industry
Multi-Utilities
Sub-industry
Multi-Utilities
SASB industry
Electric Utilities & Power Generators
Headquarters
Tx, United States
Share classes
CNP
Mission
To foster enhanced communication and strengthen long-term relationships with high valued customers through a trusted energy partnership.
Description
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through two segments, Electric and Natural Gas. The Electric segment includes electric transmission and distribution services to electric customers and electric generation assets, as well as optimizes assets in the wholesale power market. The Natural Gas segment engages in the intrastate natural gas sales, and natural gas transportation and distribution for residential, commercial, industrial and institutional customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas; permanent pipeline connections through interconnects with various interstate and intrastate pipeline companies; and provides maintenance and repair services of home appliances to customers in Minnesota and home repair protection plans to natural gas customers in Indiana, Mississippi, Ohio, and Texas through a third party. It serves approximately 2,534,730 metered customers; owned 348 substations with transformer capacity of 79,719 megavolt amperes; and owned and operated 217 miles of intrastate pipeline in Louisiana and Texas. The company was founded in 1866 and is headquartered in Houston, Texas.
Material causes
Ethos considers the following causes material for Centerpoint Energy, based on its industry sub-industry Multi-Utilities. Learn more about material causes in our methodology overview.

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