NRG Releases 2017 Sustainability Report, Continues its Best-in-Class Reporting
PRINCETON, N.J.--(BUSINESS WIRE)--Apr. 26, 2018--
NRG Energy Inc. has released its 2017
Sustainability Report, providing key updates on NRG’s sustainability
objectives, milestones and accomplishments.
Key 2017 achievements include:
Second best safety year in company history.
35% reduction of GHG (carbon) emissions to-date, from a 2014 baseline.
Avoided 70 million tons of CO2 to-date, through low and zero carbon
energy solutions and retail electricity plans for our customers—more
than half of the way to our 2020 customer GHG emissions avoided goal1.
Reduced water withdrawal by 40%2—achieving the company’s
2030 water goal.
NRG is the first in the power sector to issue a report using
Sustainability Accounting Standards Board (SASB) standards, and is one
of the 240 organizations who have publically committed to supporting the
Task Force on Climate-related Financial Disclosures (TCFD). NRG’s
greenhouse gas (GHG) reduction goals are science-based.
“Sustainability is a philosophy that is fully integrated into all parts
of an organization,” said Mauricio Gutierrez, President and CEO, NRG.
“It is the glue that brings all stakeholders together—working towards a
common goal with purpose. This is sustainability at NRG.”
“Year after year, NRG has demonstrated that we are committed to
delivering a sustainable energy future—and with our 35% reduction in GHG
emissions, we are now 70% of the way to achieving our 2030 target,” said
Bruno Sarda, VP of Sustainability, NRG Energy. “It is important that we
are deliberate in designing the kind of future we can be proud of and I
look forward to achieving new milestones ahead.”
In 2014, NRG set industry-leading, science-based
GHG reduction goals including to cut emissions 50 percent by 2030 and 90
percent by 2050 from a 2014 baseline. Read the full 2017 report at: www.nrg.com/sustainability
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
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.
1 2020 goal: help
customers avoid 120 million Mt CO2e of GHG emissions. This is
a cumulative absolute number based on the total renewable megawatt-hours
generated by NRG’s renewables, business solutions and Green Mountain
2 From a 2014 baseline. Water use is
defined as water withdrawal by power generation assets for the purpose
of electricity production and consumption of potable and municipal water
at offices and small plants
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Candice Adams, 609-524-5428