Ontario Power Generation (OPG)

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:2,112,755 tCO2e/year (Scope 1 and 2)

Carbon Intensity:27.2 tCO2e/GWh-net (2021)

ESG Focus Areas

Climate Change Mitigation and Adaptation
Indigenous Reconciliation and Relations
Sustainable Financing
Human Capital – Our People
Clean Energy Credits
Equity, Diversity, and Inclusion
Greenhouse Gas Emissions
COVID-19 Response
Corporate Governance
Executive Compensation
Corporate Culture
Material Topics
Ethical Business Conduct
Enterprise Risk Management
Environmental Compliance
Management of Nuclear By-products
Nuclear Sustainability Services
Biodiversity and Wildlife Habitat Stewardship
Water Management
Community Public Safety
Supply Chain Management

Environmental Achievements

Closed the last of its coal generating stations in 2014 (one of the world’s single-largest climate change actions)
Launched Climate Change Plan with goals to be net-zero by 2040 and help markets achieve net-zero by 2050
Continued development of Small Modular Reactors (SMRs)
$2.5-billion turbine/generator overhaul of 174 generating units across hydroelectric fleet
Advanced clean energy projects, including Calabogie hydro station redevelopment and Sir Adam Beck I GS unit replacement
Advanced hydrogen production through subsidiary Atura Power

Social Achievements

Launched Reconciliation Action Plan with a commitment to grow economic impact for Indigenous communities and businesses to $1 billion over 10 years
Launched 10-year ED&I Strategy to become one of Canada’s Best Diversity Employers by 2023 and a global leader in ED&I best practices by 2030
Achieved best-ever safety performance since 1999 (TRIF of 0.21)
Provided $435,000 in COVID-19 emergency food relief to Indigenous organizations and communities
Supported various Indigenous initiatives through community investments totaling $523,000

Governance Achievements

Integrated ESG principles into corporate strategy, business model, risk management, policies, and targets
ESG overseen by Board of Directors and senior management, linked to individual performance assessments and executive compensation
Launched “One OPG” cultural transformation initiative

Climate Goals & Targets

Long-term Goals:

Become a net-zero company by 2040
Help markets achieve net-zero carbon economies by 2050
Become a global leader in ED&I best practices by 2030

Medium-term Goals:

Become one of Canada’s Best Diversity Employers by 2023
Achieve $1 billion economic impact for Indigenous communities and businesses by 2030

Short-term Goals:

Implement 45 interim actions by 2025 as outlined in Climate Change Plan

Environmental Challenges

Climate change impacts on operations (e.g., extreme weather, changes in water levels)
Reducing Scope 3 emissions
Meeting challenging targets for tritium air emissions
Managing risks associated with cyber security and critical infrastructure
Addressing sexual and gender-based harassment and discrimination in the workplace

Mitigation Strategies

Increasing resilience and adapting operations to ensure reliability of generating facilities
Engaging EcoVadis to conduct ESG evaluations throughout value chain
Working to improve dryer equipment performance to reduce tritium air emissions
Implementing robust cyber security program and investing in security talent
Implementing multi-year plan to address sexual and gender-based harassment and discrimination, including training and communication campaigns

Supply Chain Management

Responsible Procurement

Supplier Code of Conduct
Code of Business Conduct
Supplier Diversity program and spend targets
Targets to increase supplier partnerships with Indigenous-owned businesses

Climate-Related Risks & Opportunities

Physical Risks

Extreme weather events
Changes in precipitation patterns and intensity
Water and air temperature changes

Transition Risks

Regulatory changes
Market shifts

Opportunities

Development of energy-efficient products
Decarbonizing the transportation sector

Reporting Standards

Frameworks Used: TCFD, GRI, UN SDGs, SASB

Certifications: ISO 14001

Third-party Assurance: Independent auditor every four years (Electricity Canada’s Sustainable Electricity Program)

UN Sustainable Development Goals

Goal 7 – Affordable and Clean Energy
Goal 8 – Decent Work and Economic Growth
Goal 13 – Climate Action

OPG's initiatives and practices support these goals through clean energy generation, economic contributions, and climate change mitigation efforts.

Sustainable Products & Innovation

Clean Energy Credits (CECs)
Medical isotopes (Cobalt-60, Helium-3, Molybdenum-99)

Awards & Recognition

Canadian Electricity Association President’s Award for Occupational Health and Safety
Canadian Electricity Association Sustainable Electricity Award
Centre of Excellence Net Zero by 2050 Award
Wildlife Habitat Council Gold certifications
Corporate Knights’ Canada’s Best 50 Corporate Citizens
Governance Professionals of Canada Excellence in Governance Awards
Canadian Council for Aboriginal Business (CCAB) Progressive Aboriginal Relations (PAR) program Gold Designation
Pandemic Heroes award

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed

Scope 1 Emissions:Not disclosed

Scope 2 Emissions:Not disclosed

Scope 3 Emissions:Not disclosed

Renewable Energy Share:Not disclosed

Total Energy Consumption:Not disclosed

Water Consumption:Not disclosed

Waste Generated:Not disclosed

Carbon Intensity:Not disclosed