We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
FirstEnergy Corp is a member of the U.S. Chamber of Commerce (updated August 2022)
not specified
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InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
FirstEnergy Corp is a member of the U.S. Chamber of Commerce (updated August 2022)
not specified
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In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Climate Lobbying Overview: FirstEnergy demonstrates mostly negative engagement on federal and state climate policies in the United States, including in New Jersey and Ohio. The company’s infrequent top-line messaging contradicts its opposition to specific regulations and state-level climate legislation, although the company appears to be less active since its involvement in the 2019 Ohio House Bill 6 corruption scheme. FirstEnergy is a member of the Edison Electric Institute and the U.S. Chamber of Commerce, both of which have taken negative positions on certain climate provisions in the federal reconciliation bill.
Top-Line Messaging on Climate Policy: FirstEnergy’s position on the need for climate action is unclear. While the company appears concerned with its own emissions reductions, its high-level communications on climate do not indicate a clear position on IPCC demanded global action. In its 2019 Climate Report, the utility commented on the need for climate regulations in general, but with unclear qualifications for its support. In 2020, FirstEnergy submitted comments to the New Jersey Board of Public utilities in support of market-based solutions on climate. The company discloses engagement on the Build Back Better Act in its Q2 and Q1 2022 federal lobbying reports without stating a position on the bill or its climate provisions. FirstEnergy stated support for the intent of the Paris Agreement in its August 2021 corporate engagement report.
Engagement with Climate-Related Policy: FirstEnergy demonstrates negative positions on federal and state climate policies, with limited evidence of engagement after 2019. The company supported Ohio’s House Bill 6 (HB 6), which included a sixty million dollar bribery scheme through the no-longer existing subsidiary, FirstEnergy Solutions. The 2019 bill dismantled Ohio's Renewable Portfolio Standards and undermined the state’s energy efficiency standards. While FirstEnergy’s argument centered on protecting its nuclear facilities, the company also pushed for implementation of the bill's energy efficiency reforms to the Ohio Public Utilities Commission in late 2019.
FirstEnergy has actively opposed renewable energy legislation in New Jersey and Maryland. Subsidiary Jersey Central Power & Light (JCP&L) has opposed net metering in New Jersey, as evident in September 2020 comments to the state’s Board of Public Utilities (NJBPU) advocating for the program’s discontinuation. In February 2021, Subsidiary Potomac Edison opposed Maryland Senate Bill 508 and House Bill 743, which centered on increasing the maximum generation capacity of net metering projects.
FirstEnergy has strongly advocated against GHG emissions standards at the federal level. An April 2018 consultation condemns the Clean Air Act GHG emissions standards and simultaneously supports the repeal of the Clean Power Plan (CPP) on related grounds. Later that year, FirstEnergy actively supported the Advanced Clean Energy rule, arguing that the CPP emissions standards overstepped the scope of the EPA’s authority. Following the Supreme Court decision on West Virginia v. EPA, which limits the EPA's ability to set ambitious GHG emissions standards, the Toledo Blade reported that FirstEnergy was "reviewing" the ruling and provided no further comment or clear position.
Positioning on Energy Transition: FirstEnergy appears to have predominantly negative engagement with the transition of the energy mix. The company’s notable support for Ohio HB6, which bailed out nuclear and coal plants while upending state clean energy policies, suggests a negative position on the energy transition. In March 2018, a FirstEnergy petition to the US Department of Energy advocated for federal protection of a “diverse array of energy resources,” including coal and nuclear.
FirstEnergy demonstrates a more positive position on transport electrification, particularly in New Jersey and Ohio. Subsidiary Jersey Central Power & Light appears to have supported the state Medium and Heavy Duty Vehicle Straw Proposal: in its October 2021 comments to the NJ Board of Public Utilities, it states support for fleet electrification and advocates for a central role for utilities in implementation. In April 2020, FirstEnergy’s subsidiaries in Ohio similarly advocated to the state Public Utilities Commission to allow utilities a greater role in electric vehicle infrastructure development. The company also appears to support electrification at the federal level, disclosing in its 2021 federal lobbying reports that it is directly engaging with policymakers to promote electrification.
Industry Association Governance: FirstEnergy offers some transparency around its industry associations' climate positions and has disclosed its alignment with industry groups on broad climate policies in its August 2021 Corporate Engagement report. FirstEnergy is a member of the Edison Electric Institute, and the U.S. Chamber of Commerce, which have been engaging with mixed and negative positions on climate policy, respectively.
A detailed assessment of the company's corporate review on climate policy engagement can be found on InfluenceMap's CA100+ Investor Hub here.
InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q3 2022.