Climate Change Data

Calpine Corporation

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:44,356,429 tCO2e/year
Scope 1 Emissions:44,356,429 tCO2e/year
Renewable Energy Share:3%
Water Consumption:73,864 Megaliters/year
Carbon Intensity:413 kgCO2e/MWhnet

ESG Focus Areas

  • Climate Strategy & GHG Emissions
  • Air Quality
  • Water Management
  • Occupational Health & Safety
  • Community Relations & Corporate Philanthropy
  • Employment at Calpine
  • Diversity & Inclusion
  • Corporate Governance
  • Business Ethics
  • Government Relations and Public Policy
  • Risk Management
  • Cybersecurity
  • Supply Chain Management
  • Technology Adoption

Environmental Achievements

  • Developed large-scale energy storage and CCUS projects; received significant funding from the Department of Energy (DOE) for CCUS.
  • Advanced development on Nova battery storage facility (up to 680 MW capacity).

Social Achievements

  • Over 250 Houston-area employees participated in Calpine in Our Community Days.
  • Donated over $2.3 million to community causes.
  • Awarded $50,000 in scholarships and grants.
  • Facilitated 40 Inclusion and Belonging workshops for over 1,800 employees.
  • Employee survey showed positive sentiment about workplace safety, company future, and job resources.

Governance Achievements

  • Maintained policies supporting strong corporate governance (Code of Conduct, Supplier Code of Conduct, etc.).
  • Actively engaged in ESG initiatives driven by Company leadership.

Climate Goals & Targets

Environmental Challenges

  • Grid reliability challenges.
  • Climate-related risks (extreme weather, wildfires).
  • Supply chain disruptions.
  • Cybersecurity risks.
Mitigation Strategies
  • Investing in technologies to enhance sustainability (CCUS, battery storage).
  • Addressing connectivity and cyber-resiliency issues.
  • Supporting policy-making and advocacy efforts to lower emissions.
  • Robust five-step sourcing process for critical materials and services.

Supply Chain Management

Responsible Procurement
  • Robust five-step sourcing process
  • Monitoring of KPIs (OSHA recordables, insurance coverage)

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Wildfires
Transition Risks
  • Changes in laws and regulations related to natural gas, carbon, and fossil fuels
Opportunities
  • Development of energy-efficient products
  • Carbon management solutions

Reporting Standards

Frameworks Used: SASB, GRI

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:48,915,527 tCO2e/year (Scope 1)
Scope 1 Emissions:48,915,527 tCO2e/year
Renewable Energy Share:3% of total energy use
Water Consumption:83,451 megaliters/year

ESG Focus Areas

  • Climate Change
  • Environmental Management
  • Air Quality
  • Water Management
  • Technology Adoption
  • Occupational Health and Safety
  • Emergency Preparedness and Response
  • Community Relations
  • Corporate Philanthropy
  • Diversity and Inclusion
  • Employee Relations
  • Corporate Governance
  • Business Ethics
  • Cybersecurity
  • Supply Chain Management

Environmental Achievements

  • Baytown and Sutter decarbonization projects selected by the Department of Energy to receive cost-sharing agreements for commercial-scale CCS projects.
  • Launched Project Enterprise, a carbon capture demonstration pilot at the Los Medanos Energy Center.
  • Construction of Nova Power Bank battery energy storage system, one of the largest in the world.
  • Achieved a steam-adjusted GHG intensity of 411 kgCO2e/MWhnet in 2023.
  • Maintained air pollutant emission levels among the lowest of major U.S. power producers.
  • Zero significant spills in 2023.
  • Over 4,000 MWs of power plants repurpose treated water from municipal treatment systems for cooling.

Social Achievements

  • Introduced new employee resource groups (ERGs).
  • Hosted the 20th Texas Regional Annual Charity Golf Tournament, raising over $250,000 for charity.
  • Calpine in Our Communities Day, a company-wide volunteer event.
  • Awarded $49,500 in scholarships and grants.
  • Achieved a TRIR of 0.48 in 2023.
  • Implemented the Good Catch Program, promoting proactive safety measures.

Governance Achievements

  • Established a Cybersecurity Steering Committee.
  • Implemented Coupa, a cloud-based purchasing and payment system.
  • Annual assessment of governance policies, processes, and procedures.
  • Robust compliance training programs.

Climate Goals & Targets

Environmental Challenges

  • Climate change and the need for decarbonization.
  • Maintaining grid reliability while integrating intermittent renewable resources.
  • Managing risks associated with supply chain.
  • Cybersecurity threats.
Mitigation Strategies
  • Investing in battery storage and carbon capture and sequestration (CCS) technologies.
  • Advocating for market-driven solutions to incentivize investment in cleaner power generation.
  • Robust risk management framework.
  • Strengthening cybersecurity program through policies, procedures, training, and drills.

Supply Chain Management

Supplier Audits: Select suppliers audited each year

Responsible Procurement
  • Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products and services
  • Carbon capture and sequestration

Reporting Standards

Frameworks Used: SASB, GRI

Certifications: ISO 9001:2015

Sustainable Products & Innovation

  • Carbon roadmap solutions
  • Carbon-differentiated product solutions

Awards & Recognition

  • EcoVadis Bronze Medal
  • CDP Accredited Solutions Provider