South Carolina Public Service Authority
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:14,093,172 tCO2e/year
Renewable Energy Share:2.36% (2023)
Water Consumption:432,750 m3/year
Waste Generated:1,098,636 tons/year (estimated)
ESG Focus Areas
- Environmental Responsibility
- Community Engagement
- Grid Resilience
- Affordable Power
- Operational Excellence
Environmental Achievements
- Reduced reliance on coal by roughly 65% between 2023 and 2040.
- More than doubled the use of sustainable resources while meeting growing energy demands.
- Reducing Santee Cooper’s carbon emissions rate by over 50% from 2005 levels by 2040.
Social Achievements
- Santee Cooper team members completed 25,845 community service hours in 2023.
- Received the 2023 Lower Region Group Leadership Award for partnership with Keep Conway Beautiful.
- Donated 506 units of blood in 2023 through blood drives.
Governance Achievements
- Achieved a new 50-year license for the continued operation of the Santee Cooper Hydroelectric Project.
- Created an Operational Excellence business unit focused on optimizing workflows and processes.
- Developed a Corporate Balanced Scorecard to achieve strategic goals.
Climate Goals & Targets
Long-term Goals:
- Reduce coal reliance by 65% between 2023 and 2040.
Medium-term Goals:
- Reduce CO2 rates to approximately 44% of 2005 levels by the mid-2030s.
Short-term Goals:
- Procuring additional solar over the next three years.
Environmental Challenges
- Meeting the growing energy demands of South Carolina while reducing reliance on coal and increasing sustainable resources.
- Ensuring affordable power for residential customers.
- Improving grid resilience against extreme weather events.
Mitigation Strategies
- Implemented an Integrated Resource Plan (IRP) with a focus on flexibility, reliability, and affordability.
- Offered various programs to assist customers struggling to pay their bills.
- Administered grant funding for grid enhancement projects through the Department of Energy’s Grid Resilience State and Tribal Formula Grant Program.
Supply Chain Management
Responsible Procurement
- 46.1% of spending on local suppliers (2023)
Climate-Related Risks & Opportunities
Opportunities
- Increased use of renewable energy sources
Reporting Standards
Frameworks Used: GRI, SASB
Third-party Assurance: No External Auditing Performed
Awards & Recognition
- 2023 Lower Region Group Leadership Award