Wisconsin Energy Honored Again as One of 'World's Most Ethical Companies

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MILWAUKEE, April 15, 2009 /PRNewswire-FirstCall via COMTEX/ -- For the second year in a row, Ethisphere magazine has named Wisconsin Energy Corporation (NYSE: WEC) as one of the World's Most Ethical Companies. Wisconsin Energy joined honorees such as Pepsi, McDonalds, Starbucks, Mattel, Aflac and Johns Hopkins Hospital on Ethisphere's 2009 honor roll. In March, Wisconsin Energy also was named - for the second year in a row - one of the nation's best corporate citizens by Corporate Responsibility Officer magazine. "We're delighted to be included on the 2009 list of most ethical companies," said Gale Klappa, chairman, president and chief executive officer. "This recognition underscores our commitment to conduct business with the highest level of integrity." Ninety-nine global companies, across 35 business sectors, were selected for inclusion in the 2009 list, which recognizes companies that demonstrate leadership in ethical business practices. Ethisphere used researchers and analysts to scrutinize more than 10,000 companies, reviewing each company's code of ethics, litigation and regulatory histories, and investment in innovation and sustainable business practices. "Ethisphere applauds this year's recipients for standing out among the crowd and putting ethics first," said Stefan Linssen, managing editor. Published quarterly, Ethisphere magazine addresses ethics, governance and compliance matters. Wisconsin Energy Corporation (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving more than 1.1 million electric customers in Wisconsin and Michigan's Upper Peninsula and more than 1 million natural gas customers in Wisconsin. The company's principal utilities are We Energies and Edison Sault Electric. The company's non-utility businesses include renewable energy technology and real estate development. Wisconsin Energy Corporation (www.wisconsinenergy.com), a component of the S&P 500, has more than $12 billion of assets, and approximately 5,000 employees and 48,000 stockholders of record. About Ethisphere Institute
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The research-based Ethisphere Institute is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. The Institute's associated membership group, the Ethisphere Council, is a forum for business ethics that includes more than 200 leading corporations, universities and institutions. The Ethisphere Council is dedicated to the development and advancement of individuals on its membership council through increased efficiency, innovation, tools, mentoring, advice, and unique career opportunities. Ethisphere Magazine, which publishes the globally recognized World's Most Ethical Companies Ranking(TM), is the quarterly publication of the Institute. More information on the Ethisphere Institute, including ranking projects and membership, can be found at http://www.ethisphere.org. SOURCE Wisconsin Energy Corporation