Wisconsin Sustained Profit Growth Plan

State:
Multi-State
Control #:
US-CC-20-160H
Format:
Word; 
Rich Text
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Description

20-160H 20-160H . . . Sustained Profit Growth Plan under which (a) each officer of the level of Senior vice President and above receives a contingent cash award equal to a specified percentage of his or her annual base salary and (b) actual awards are determined by measuring the corporation's performance of previously selected business measures and attainment of specific objective numeric goals relating to those measures over a three year performance period. The measures may include return on average or year-end equity, return on average or year-end assets, earnings per share, growth in earnings per share, increase in the corporation's common stock price, total return to stockholders, growth in net income per employee, growth in non-interest income, control of net overhead expense, control of non-performing loans, capital adequacy, and adequacy of loan loss reserves
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FAQ

The integrated resource plan (IRP) is intended to be a document that assesses various options to cost-effectively serve the electricity needs of customers over the next 20 years.

The Wisconsin Clean Energy Plan aims to change the adverse trajectory of climate change impacts. In August 2019, with the issuance of Executive Order #38, Governor Tony Evers directed the Wisconsin Office of Sustainability and Clean Energy (OSCE) to create a comprehensive clean energy plan (CEP).

Evers' 2023-25 biennial budget proposal called for substantial clean energy investments, in alignment with the goals of the Clean Energy Plan to help the state achieve 100 percent carbon-free electricity consumption by 2050.

In 2019, an executive order established the state Office of Sustainability and Clean Energy and set a goal that all electricity consumed in the state come from 100% carbon-free sources by 2050.

An Integrated Resource Plan (IRP) is comprised of an assessment of the future electric needs and a plan to meet those future needs. It is ?integrated? in that it looks at both demand side (conservation, energy efficiency, etc.)

Wisconsin's policy allows companies to purchase renewable energy credits (RECs), purchase renewable energy through the wholesale market, and develop or lease onsite renewable energy projects.

The Clean Energy Plan identifies dozens of paths and strategies aiming to lower energy bills and prices at the pump for Wisconsin families, promote energy independence by reducing reliance on out-of-state energy sources, create an estimated more than 40,000 jobs by 2030, and invest in job training and apprenticeship ...

The Wisconsin Clean Energy Plan aims to change the adverse trajectory of climate change impacts. In August 2019, with the issuance of Executive Order #38, Governor Tony Evers directed the Wisconsin Office of Sustainability and Clean Energy (OSCE) to create a comprehensive clean energy plan (CEP).

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Wisconsin Sustained Profit Growth Plan