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Our approach to governance includes maintaining oversight of significant company issues and strengthening risk management; building a strong, centralized corporate compliance program; ensuring a culture of ethics and integrity; continuing stakeholder engagement efforts; and providing consistent, transparent disclosures on a range of EESG topics.

 

CENTRALIZED COMPLIANCE PROGRAM

We’re taking several key actions to embed a culture of uncompromising integrity and ethical behavior throughout FirstEnergy. For example, under the leadership of the Chief Ethics and Compliance Officer, we are centralizing compliance assurance activities within a single organization.

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PUBLIC POLICY ENGAGEMENT

We’re focused on more robust oversight and disclosure of the company’s advocacy efforts. We published our Political and Public Engagement Policy and Public Engagement Practice to clarify our participation in public policy activities and closer align our strategic goals. 

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EESG MATERIALITY

We’re using a data-driven approach to sharpen our EESG efforts. Our EESG performance depends largely on our ability to effectively identify, manage and communicate the risks and opportunities of relevant EESG topics to our internal and external stakeholders.

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CODE OF CONDUCT
 

FirstEnergy’s Code of Conduct, The Power of Integrity, lays the foundation for what we expect from all employees, regardless of their role. We’re focused on empowering employees to speak up whenever a situation does not appear to conform to our Code of Conduct.

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CLIMATE ALIGNMENT DISCLOSURE

Our Corporate Engagement Report assesses alignment between the 501(c)(4) and 501(c)(6) trade organizations we support and our climate policy and strategy – including our pledge to achieve carbon neutrality of our Scope 1 emissions by 2050.

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BOARD DIVERSITY
 

We strive for a well-rounded and diverse Board of Directors, whose members represent a wide breadth of experiences and perspectives. The Board has set a goal to maintain composition of at least 30% diverse members (by race, ethnicity and gender combined) for the foreseeable future. 

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Last Modified: November 7, 2022