For the third consecutive year, Xcel Energy has been named one of the World’s Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

Xcel Energy is one of only nine honorees in the Energy & Utilities category, and one of only five of those companies in the United States recognized this year. In 2022, 136 honorees were recognized in total, spanning 22 countries and 45 industries.

The World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain.

Xcel Energy aims to be a net-zero energy provider by 2050. The company was the first in its industry to have aggressive clean energy goals covering three large sectors of the economy: electricity, natural gas use in buildings and transportation.