NRG Energy Demonstrates Leadership With 2017 Sustainability Results
Today, NRG Energy, Inc. published its 2017 Sustainability Report. In this report, the company announces new sustainability achievements and milestones and provides, for the first time, the company’s principles on climate change.
“Sustainability needs to be more than a single target or objective. It must be a philosophy that is fully integrated into all parts of an organization - the glue that keeps all internal and external stakeholders working together towards a common goal with purpose. This is sustainability at NRG.” Mauricio Gutierrez, President and CEO, NRG Energy.
NRG believes that sustainability is a holistic approach that can be fully integrated across the business. As such, the 2017 report provides transparency into the steps taken to enhance sustainability across 5 organizational pillars: customers, workplace, business, operations and suppliers.
Report highlights include:
- Helping customers avoid over 70M tons of CO2
- Realizing a 35% reduction in absolute GHG emissions from a 2014 baseline, 70% of the company’s 2030 GHG reduction goal
- Achieving 2030 water goal to reduce water withdrawal 40% (from a 2014 baseline)
- 1st U.S. based power producer awarded CDP Supply Chain Engagement A-list rating
- Only power company named in CDP 2017 A-list for water excellence
- 1st U.S. based power producer to publish a SASB report
“The decisions we make today have a direct impact on generations to come, it is important that we are deliberate, designing the kind of future we can be proud of. NRG has demonstrated, year after year, that we are committed to delivering a sustainable energy future and I look forward to achieving new milestones ahead, using the relevant U.N. Sustainable Development Goals to guide us.” Bruno Sarda, VP of Sustainability, NRG Energy.
This year marks the second year NRG disclosed sustainability data using the provisional Sustainability Accounting Standards Board (SASB) standards. In 2017, NRG also joined more than 240 organizations that have publically committed to support the Task Force on Climate-related Financial Disclosures (TCFD).
NRG’s 8th Sustainability report was developed with guidance of the GRI Standards at the Core level, as well as the GRI Electric Utilities Sector Supplement, which together provide a framework and guidance for best-in-class sustainability reporting. For the second year, NRG is a member of the GRI GOLD Community which supports their commitment to embed sustainability into their strategic decision making and demonstrates reporting leadership in the power sector.
Read the full report at: www.nrg.com/sustainability
About NRG
NRG is the leading integrated power company in the U.S., built on the strength of our diverse competitive electric generation portfolio and leading retail electricity platform. A Fortune 500 company, NRG creates value through best in class operations, reliable and efficient electric generation, and a retail platform serving residential and commercial businesses. Working with electricity customers, large and small, we implement sustainable solutions for producing and managing energy, developing smarter energy choices and delivering exceptional service as our retail electricity providers serve almost three million residential and commercial customers throughout the country. More information is available at www.nrg.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.
Safe Harbor
This communication contains forward-looking statements that may state NRG’s or its management’s intentions, beliefs, expectations or predictions for the future. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, and typically can be identified by the use of words such as “will,” “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to the capital markets generally.
For Media Inquiries:
Candice Adams
Corporate Communications
NRG Energy
(609) 524-5428
For More Information:
nrg.com/sustainability
