Entergy Corporation
Climate Impact & Sustainability Data (2021, 2022, 2023)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental Performance
- Corporate Citizenship and Philanthropy
- Occupational Health and Safety
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, DJSI
Third-party Assurance: Cventure LLC
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:39,554,071 tCO2e/year
Scope 1 Emissions:39,551,503 tCO2e/year
Scope 2 Emissions:2,568 tCO2e/year
Scope 3 Emissions:7,684,876 tCO2e/year
Renewable Energy Share:29% of total energy use in 2022, targeting 50% by 2030
Total Energy Consumption:188,441,713 MWh/year
Carbon Intensity:0.34 tCO2e/MWh in 2022
ESG Focus Areas
- Climate Change
- Environmental Stewardship
- Sustainability
- Resilience
- Community Engagement
Environmental Achievements
- Reduced utility CO2 emission rate by approximately 32% compared to 2000.
- Expanded renewable capacity by 200 MW in 2022.
- Completed the replacement of the Avondale to Harahan transmission line to withstand winds up to 175mph.
Social Achievements
- Delivered more than $100 million in economic benefits to local communities annually since 2018 through philanthropy, volunteerism, and advocacy.
- Incorporated environmental performance measures into short-term incentive awards for executives and employees.
- Launched the Renew Entergy website to provide customers with clean energy options.
Governance Achievements
- Board-level oversight of climate-related issues.
- Established a comprehensive performance dashboard focused on creating sustainable value for stakeholders.
- Published a sustainable financing framework and issued an inaugural green bond.
Climate Goals & Targets
Long-term Goals:
- Net-zero greenhouse gas emissions by 2050
Medium-term Goals:
- Achieve 50% carbon-free energy capacity by 2030
- Reduce CO2 emission rate to 50% of 2000 levels by 2030
Short-term Goals:
- Reduce water consumption by 10% by 2025
Environmental Challenges
- Physical risks from increased frequency and severity of extreme weather events.
- Transition risks associated with a lower carbon footprint, including potential stranded fossil generation assets.
- Meeting customer demands for renewable energy while maintaining affordability and reliability.
Mitigation Strategies
- Integrated resource planning and portfolio transformation toward carbon-free resources.
- Investment in transmission and distribution asset hardening.
- Hedging techniques to mitigate market risks.
- Policy tracking and advocacy.
Supply Chain Management
Supplier Audits: 42% of annual total managed spend
Responsible Procurement
- Inclusion of sustainability questions in procurement bidding process.
- ESG questionnaires measuring supplier performance.
Climate-Related Risks & Opportunities
Physical Risks
- Increased frequency and severity of extreme weather events.
- Sea level rise, storm surge, and intense winds.
- Coastal erosion and land loss.
Transition Risks
- Carbon pricing mechanisms.
- Inability to execute cost-competitive procurement of carbon-free resources.
- Growth of third-party solutions.
Opportunities
- Participation in carbon markets.
- Development and expansion of low-emission goods and services.
- Investments in low-emission technology.
Reporting Standards
Frameworks Used: GRI, SASB, TCFD
Certifications: ISO 14064-3
Third-party Assurance: Third-party verification (limited assurance)
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 13 (Climate Action)
Initiatives contribute to these goals through renewable energy expansion, emissions reductions, and climate resilience efforts.
Sustainable Products & Innovation
- Energy efficiency products and services
- Renewable energy solutions
- Electrification initiatives
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:44,507,695 tCO2e/year
Renewable Energy Share:23%
Waste Generated:10.3 metric tons/year (hazardous waste)
ESG Focus Areas
- Climate Change
- Safety
- Emissions Reduction
- Renewable Energy
Environmental Achievements
- Reduced CO2e emissions intensity from 0.661 MT/Net MWh in 2022 to 0.361 MT/Net MWh in 2023
- Increased renewable energy capacity
- 78.1% of Coal Combustion Products beneficially used in 2023
Social Achievements
- Reduced Recordable Incident Rate from 0.50 in 2022 to 0.45 in 2023
- Reduced Lost-time Case Rate from 0.08 in 2022 to 0.09 in 2023
- Reduced DART Rate from 0.25 in 2022 to 0.18 in 2023
- Completed Smart Meter Goal in 2022 (100% of customers)
Governance Achievements
- Increased women on Board of Directors from 2 in 2022 to 4 in 2023
Climate Goals & Targets
Medium-term Goals:
- Achieve 50% carbon-free energy generating capacity by 2030
Environmental Challenges
- Reducing GHG emissions
- Maintaining safety standards
Mitigation Strategies
- Investing in renewable energy sources
- Implementing safety programs