Partnering to Build a Bright Future

2021 Corporate Responsibility and Sustainability Report

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As your community energy company, Madison Gas and Electric (MGE) recognizes its responsibility to preserve and protect the environment while serving our communities with safe, reliable, affordable and sustainable energy.

We are proactive and forward-thinking in our stewardship and promote sustainability with our partners, suppliers and employees as we work together to build a cleaner, smarter future.



A message from the Director of Safety, Sustainability and Environmental Affairs

Our commitment to environmental stewardship goes beyond regulatory compliance. Our team in Safety, Sustainability and Environmental Affairs takes a proactive approach to advancing the culture and continual improvement of environmental, safety and sustainability practices throughout our organization. Safety and sustainability are top priorities at MGE. This report highlights how we focus on our sustainability goals and our performance.

Jeff Jaeckels Jeff Jaeckels
Director of Safety, Sustainability and Environmental Affairs
Madison Gas and Electric

Our Environmental and Sustainability Policy

In pursuit of our mission and in support of our commitment to those we serve, MGE:

About this report

MGE’s 2021 Corporate Responsibility and Sustainability Report has been prepared to share matters of performance and of interest to stakeholders. This report includes forward-looking statements and estimates of future performance that may differ from actual results because of uncertainties and risks encountered in day-to-day business. For additional information, news and updates, and the company’s EEI ESG/sustainability reporting templates, visit mgeenergy.com/environment.

As part of our commitment to transparency and disclosure, we have reviewed the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), performed an analysis of our disclosures relative to the TCFD recommendations and determined that our companywide disclosures are consistent with and responsive to the TCFD guidance and recommendations. Our Corporate Responsibility and Sustainability Report is organized to be consistent with the disclosure framework identified by the TCFD.

We also continually monitor and review the reports of and/or engage with a number of third-party ESG analytics and ratings firms to help inform our reporting to make available and accessible information relevant to our company operations and our industry. We are committed to helping customers, investors and other stakeholders better understand our strategies, risks, challenges and opportunities as we transition to a more sustainable future.

Additional disclosures can be found in our 10-K and 10-Q, Proxy Statement and filings with the Public Service Commission of Wisconsin.

About MGE

MGE generates and distributes electricity to 157,000 customers in Dane County, Wis., and purchases and distributes natural gas to 166,000 customers in seven south-central and western Wisconsin counties. MGE is a regulated utility subsidiary of the investor-owned public utility holding company MGE Energy, Inc. MGE’s roots in the Madison area date back more than 150 years.

As your community energy company, we are committed to this area and its people.

We take responsibility to:

2021 MGE territory map

This report includes forward-looking statements and estimates of future performance that may differ from actual results because of uncertainties and risks encountered in day-to-day business.