Eversource Energy (NYSE: ES) refreshes ethics code for senior financial officers
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Eversource Energy and its utility subsidiaries updated their Code of Ethics for Senior Financial Officers, effective January 27, 2026. The boards approved an Amended and Restated Code that modernizes descriptions of auditor oversight and compliance programs and makes clarifying, stylistic, non-substantive revisions.
The updated code now explicitly assigns ongoing oversight responsibility to the Audit Committee, aligning with current best practices. The company states that responsibilities and obligations for senior financial officers are not materially changed and no waivers of the prior code were granted. The full text is available on Eversource Energy’s investor relations website.
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8-K Event Classification
2 items: 5.05, 9.01
2 items
Item 5.05
Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics
Governance
The company amended or granted a waiver from its code of ethics for senior financial officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What change did Eversource Energy (ES) disclose in its January 2026 8-K?
Eversource Energy disclosed that its board and the boards of its main utility subsidiaries approved an Amended and Restated Code of Ethics for Senior Financial Officers, effective January 27, 2026, updating descriptions and governance language without materially altering existing responsibilities and obligations.
Which Eversource entities are covered by the Amended and Restated Code of Ethics?
The Amended and Restated Code of Ethics for Senior Financial Officers applies to Eversource Energy and three key subsidiaries: The Connecticut Light and Power Company, NSTAR Electric Company, and Public Service Company of New Hampshire, aligning ethical standards across the parent company and its regulated electric utilities.
Did Eversource Energy’s updated ethics code change senior officers’ responsibilities?
The company states the Amended and Restated Code does not materially change the responsibilities and obligations that previously applied to senior financial officers. It focuses on clarifying language, stylistic updates, and improved descriptions of auditor oversight and compliance, while maintaining the existing core ethical expectations.
How does the new Eversource ethics code address oversight and compliance?
The updated code reflects current practices in describing auditor oversight and compliance programs and now explicitly identifies the Audit Committee as having ongoing oversight responsibility for the Code of Ethics for Senior Financial Officers, strengthening formal board-level governance over ethical standards and related compliance expectations.
Where can investors access Eversource Energy’s Amended and Restated Code of Ethics?
Investors can access the full text of the Amended and Restated Code of Ethics for Senior Financial Officers on Eversource Energy’s website at www.eversource.com under “Investor Relations – Corporate Governance – Code of Ethics for Senior Financial Officers,” which supplements the brief summary disclosed in the current report.
Did Eversource grant any waivers when adopting the new ethics code?
The company states that adopting the Amended and Restated Code did not result in any waiver, explicit or implicit, of any provision of the previous Code of Ethics for any of the registrants, indicating continuity of ethical standards during this governance-focused update and restatement process.