Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change & Environment Stewardship
• People
• Operational Reliability & Resilience
• Indigenous and Community Partnerships
• Energy Transition

Environmental Achievements

• 90% removal of direct GHG emissions from our portfolio since 2019, almost 7.5 million tonnes
• 17% reduction in direct GHG emissions from retained assets since 2019
• 23% of our global power generation portfolio is now renewables, including hydroelectric and solar
• 10% hydrogen blended with natural gas at our Clean Energy Innovation Hub in Australia
• 74% progress towards goal of completing in-line inspections on natural gas transmission lines

Social Achievements

• $71.4M in economic benefit for Indigenous groups in 2020
• $5.5M invested in communities through gifts in-kind, sponsorships, donations and matching contributions from ATCO EPIC program
• 28% decrease in our employees TRIF year over year
• $1.5M committed as a gift-in-kind donation to support the Homes for Hero's foundation
• 11,700 meals were delivered to seniors financially impacted by COVID-19 and living alone

Governance Achievements

• 33% of ATCO board directors are women
• 36% of CU board directors are women
• Designated Audit Directors (DAD): unique to CU and ATCO; these are directors assigned to a specific business unit to provide oversight based on their strength and expertise in various industry sectors
• 67% of ATCO Board and 82% of CU Board is independent, including the Lead Director
• Transparent ESG reporting

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Energy Transition
• Climate Change & Environmental Stewardship
• People
• Community & Indigenous Relations

Environmental Achievements

• Reduced Scope 1 GHG emissions from 339 kilotonnes CO2e in 2020 to 334 kilotonnes CO2e in 2021
• Reduced Scope 2 GHG emissions from 232 kilotonnes CO2e in 2020 to 226 kilotonnes CO2e in 2021
• Reduced hydrocarbon spills from 18 in 2020 to 10 in 2021

Social Achievements

• Reduced lost-time injury rate for employees from 0.40 cases/200,000 hours worked in 2020 to 0.18 in 2021
• Increased percentage of women in the workforce from 28% in 2020 to 30% in 2021
• Generated $8.6 million in revenue from Indigenous joint ventures (Indigenous share only) in 2021

Governance Achievements

• Maintained a 33% representation of women on the Board of Directors in 2021
• Zero substantiated incidents of human rights and ethics violations (discrimination, indigenous rights, corruption, customer privacy breaches) in 2021

Climate Goals & Targets

Environmental Challenges

• Process failings identified in 2021 resulted in enforcement proceedings with the Alberta Utilities Commission.
• Fluctuation in capital projects impacting hazardous waste volume.

Mitigation Strategies

• Corrective actions taken to address process failings (details in a November 30, 2021 news release).
• Ongoing work to align and improve contractor reporting across the organization.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Policy/regulatory, market, technology, reputational

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Health and Safety
• Diversity and Inclusion
• Indigenous Relations
• Governance

Environmental Achievements

• Reduced Scope 1 GHG emissions from 859 kilotonnes CO2e in 2020 to 682 kilotonnes CO2e in 2023
• Reduced Scope 2 GHG emissions from 243 kilotonnes CO2e in 2020 to 188 kilotonnes CO2e in 2023
• Increased owned, developed or managed renewable energy to 429 MW in 2023

Social Achievements

• Reduced lost-time injury rate for employees from 0.33 cases/200,000 hours worked in 2020 to 0.10 in 2023
• Increased revenue generated from Indigenous joint ventures (Indigenous share only) from $14.4 million in 2020 to $49.6 million in 2023
• Maintained a low voluntary turnover rate (4.5% in 2023)

Governance Achievements

• Zero substantiated incidents of corruption in 2023
• 39% women on the Board of Directors in 2023

Climate Goals & Targets

Environmental Challenges

• Wildfire damage and vandalism resulting in increased hydrocarbon spills in 2023
• Evolving guidance on Scope 3 GHG emissions reporting

Mitigation Strategies

• Continuously improving tracking and measurement systems
• Annually reviewing Scope 3 GHG emissions reporting approach to ensure alignment with best practice

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• Policy/regulatory changes
• Market shifts
• Technology changes
• Reputational risks

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, ISSB

Sustainable Products & Innovation

• Renewable natural gas and hydrogen

Environmental Metrics

ESG Focus Areas

• Energy Transition and Environment
• Resilience and Safety
• People and Partners
• Governance and Responsible Business

Social Achievements

• Increased DII's ownership interest in NUE (New Northland Utilities Enterprises Ltd.) to 50%, fostering community ownership and economic development. Renamed NUE to Naka Power.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, IFRS ISSB Standards