Climate Change Data

Convergent Energy and Power

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:10,000 metric tons CO2 reduction in 2022
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

ESG Focus Areas

  • Climate Change
  • Diversity, Equity, and Inclusion (DEI)
  • Community Engagement
  • Safety
  • Ethical Supply Chains

Environmental Achievements

  • Saved nearly 10,000 metric tons of CO2 in 2022 through energy storage solutions. Over 50% of energy storage projects originated in the past 24 months include solar PV. ~40% of over $500M of capital invested or committed to late-stage projects includes integrated solar PV.

Social Achievements

  • 94% participation in a companywide Workplace Inclusion Diagnostic of DEI, resulting in an improved Sustainalytics ESG risk rating. Operationalized DEI Roadmap including manager and company-wide DEI trainings, and coaching for the leadership team.
  • Commitment to hiring local construction teams for projects, creating STEM jobs.

Governance Achievements

  • Improved Sustainalytics ESG risk rating from 13.9 to 12.1 out of 100, signifying lower risk. Overall management of material ESG issues rated as “strong” by Sustainalytics.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Launch Convergent’s DEI Working Group
  • Launch Convergent’s Pilot Community Engagement Program
  • Develop and Implement Strategies to Recruit Talent From Diverse Backgrounds
  • Provide Staff-Wide Training Around Implicit Bias
  • Create Employee Resource Groups That Promote Inclusion

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Convergent’s Code of Conduct for vendors, ethical sourcing of materials and fair labor practices, support for industry-led solar supply chain traceability protocol

Climate-Related Risks & Opportunities

Physical Risks
  • Risk of sea-level rise/flooding
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy storage and solar-plus-storage solutions

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Sustainalytics

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • AI-powered energy storage systems, solar-plus-storage solutions

Awards & Recognition

  • Not disclosed