Climate Change Data

Ameren Corporation

Climate Impact & Sustainability Data (2019, 2020, 2022, 2023)

Reporting Period: 2019

Environmental Metrics

Total Carbon Emissions:24,476,487 tCO2e/year
Scope 1 Emissions:24,413,651 tCO2e/year
Scope 2 Emissions:62,836 tCO2e/year
Scope 3 Emissions:797,652.77 tCO2e/year (partially calculated)
Renewable Energy Share:10% (Missouri), 4.9% (Illinois)
Total Energy Consumption:38,864,154 MWh/year
Carbon Intensity:0.6298 tCO2e/MWh (location-based)

ESG Focus Areas

  • Climate Change
  • Environmental Sustainability
  • Social Responsibility
  • Governance

Environmental Achievements

  • Ameren Missouri exceeded its 2019 energy efficiency savings target by 93%, avoiding approximately 314,700 metric tons of CO2 emissions.
  • Ameren Illinois achieved 97% of its 2019 electric energy efficiency savings target, avoiding approximately 277,400 metric tons of CO2 emissions.
  • Ameren Illinois exceeded its 2019 natural gas energy efficiency savings target by 119%, avoiding approximately 22,200 metric tons of CO2 emissions.

Social Achievements

  • Held a "Community Voices Workshop" to engage with community leaders and understand their needs.
  • Implemented robust energy efficiency programs for customers in Missouri and Illinois.

Governance Achievements

  • Established board-level oversight of climate-related issues through the Nuclear, Operations and Environmental Sustainability Committee (NOESC).
  • Implemented a robust enterprise risk management (ERM) program to identify, assess, and manage climate-related risks.

Climate Goals & Targets

Long-term Goals:
  • Reduce CO2 emissions by 80% by 2050 (compared to 2005 levels).
Medium-term Goals:
  • Reduce CO2 emissions by 50% by 2040 (compared to 2005 levels).
Short-term Goals:
  • Reduce CO2 emissions by 35% by 2030 (compared to 2005 levels).

Environmental Challenges

  • Increased capital expenditures for transitioning to lower-emission technologies.
  • Increased operational and capital costs due to changes in precipitation patterns and extreme weather.
  • Decreased revenues due to reduced demand for products and services resulting from shifts in consumer preferences.
Mitigation Strategies
  • Developed a 2017 Integrated Resource Plan (IRP) to transition to a cleaner energy portfolio, including the addition of renewable energy and retirement of coal-fired generation.
  • Investing $3.2 billion in transmission infrastructure improvements to enhance system reliability and resilience to weather events.
  • Implementing robust energy efficiency programs to reduce customer energy consumption and mitigate the impact of reduced demand.

Supply Chain Management

Supplier Audits: 100 suppliers (representing 48% of annual spend) completed a sustainability assessment.

Responsible Procurement
  • Membership in the Electric Utility Industry Sustainable Supply Chain Alliance (EUISSCA).

Climate-Related Risks & Opportunities

Physical Risks
  • Changes in precipitation patterns and extreme weather events.
  • Impacts on water resources and energy center operations.
Transition Risks
  • Regulatory changes and shifts in energy policy.
  • Changes in customer behavior and reduced demand for energy.
Opportunities
  • Investments in renewable energy generation.
  • Investments in grid modernization and resilience.
  • Expansion of energy efficiency programs.

Reporting Standards

Frameworks Used: CDP Climate Change Questionnaire, US EPA Mandatory Greenhouse Gas Reporting Rule, USEPA Clean Air Act Acid Rain Program

Third-party Assurance: ERM Certification and Verification Services (limited assurance for Scope 1 and 2)

Sustainable Products & Innovation

  • Pure Power voluntary renewable energy credit program
  • Ameren Missouri Solar Rebates
  • Ameren Missouri and Ameren Illinois Energy Efficiency Programs

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:31,822,330 tCO2e/year (2020)

ESG Focus Areas

  • Environmental Stewardship
  • Supporting Customers, Communities and Workforce
  • Executing Policies and Principles that Integrate ESG Matters into Risk Management, Strategic Planning and Oversight Frameworks
  • Sustainable Growth

Environmental Achievements

  • Reduced Scope 1 carbon emissions approximately 31% from 2005 levels based on an average of 2018-2020 emissions
  • Transitioned from wet ash handling to dry ash handling systems, saving approximately 125 billion gallons of water from coal energy center and ash basin closures
  • Generated over $3.5 billion in net benefits to all customers since 2010 thanks to energy-efficient upgrades

Social Achievements

  • Contributed more than $23 million in energy assistance funds and COVID-19 support to customers
  • Total diverse spend in 2020 was approximately $810 million, with contracts distributed among women-, minority- and veteran-owned businesses
  • Ameren Cares delivered more than $11 million in philanthropic support in cash and in-kind donations to nonprofit organizations across the company’s service territory in 2020

Governance Achievements

  • Amending the Nuclear, Operations and Environmental Sustainability Committee’s charter to ensure focused oversight of environmental sustainability matters
  • Reflecting ESG metrics in Ameren’s executive compensation program
  • Addressing the continued investor focus on board composition and refreshment through the addition of five new members to the board of directors since 2016

Climate Goals & Targets

Long-term Goals:
  • Net-zero carbon emissions by 2050
Medium-term Goals:
  • 100% of new light-duty vehicle purchases by 2030 will be electric and 35% of the company’s overall vehicle fleet will be electrified by 2030

Environmental Challenges

  • Climate change
  • COVID-19 pandemic impacts (customer demand, payments, workforce health, supply chain disruptions, capital market access)
  • Regulatory changes and ratemaking determinations
  • Technological advances impacting energy prices and demand
  • Cost control and investment recovery while maintaining affordability
  • Fuel cost and availability
  • Cyberattacks
  • Weather conditions and natural phenomena
  • Compliance with environmental laws and regulations
  • Renewable energy standards compliance
  • Labor disputes and workforce costs
Mitigation Strategies
  • Climate risk strategy aligned with Paris Agreement objectives
  • Business continuity plans
  • Enterprise risk management (ERM) framework
  • Investments in energy infrastructure modernization ($17.1 billion between 2021 and 2025)
  • Energy efficiency programs
  • Electrification strategy (EV charging stations, fleet electrification goal)
  • Robust cybersecurity program
  • Risk management strategies
  • Smart Energy Plan and Grid Modernization Action Plan
  • Investments in renewable energy generation
  • Customer energy-efficiency programs

Supply Chain Management

Responsible Procurement
  • Increasing the number of diverse suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Weather conditions and other natural phenomena
Transition Risks
  • Regulatory changes, market shifts, technological advances
Opportunities
  • Development of energy-efficient products
  • Growth opportunities from electrification

Reporting Standards

Frameworks Used: EEI-AGA ESG/Sustainability Template, TCFD

Reporting Period: 2022

Environmental Metrics

Water Consumption:[object Object]

ESG Focus Areas

  • Water Security
  • Climate Change
  • Renewable Energy
  • Environmental Stewardship

Environmental Achievements

  • Reduced water withdrawal for thermal generation by 9% in 2022 compared to 2021.
  • Transitioned to dry ash handling at 8 of 10 coal combustion units, significantly reducing water usage.
  • Upgraded wastewater treatment systems at three energy centers to improve water efficiency.
  • Retired one coal-fired energy center in 2022, further reducing water consumption.

Social Achievements

  • Provides safely managed water, sanitation, and hygiene (WASH) services to all employees.
  • Engages with suppliers on sustainability initiatives, including water stewardship.
  • Engages with customers and communities to address water-related concerns.

Governance Achievements

  • Developed and publicly available water policy.
  • Board-level oversight of water-related issues.
  • Integrates water-related issues into long-term strategic business plan.

Climate Goals & Targets

Long-term Goals:
  • Reduce water withdrawal for thermal generation by 95% by 2045 (2005 baseline).
Medium-term Goals:
  • Reduce water withdrawal for thermal generation by 75% by 2040.
Short-term Goals:
  • Reduce water withdrawal for thermal generation by 40% by 2030.

Environmental Challenges

  • Regulatory uncertainty regarding Section 316(b) of the Clean Water Act, potentially requiring costly cooling system modifications.
  • Potential for increased water stress in the Powder River Basin, a key source of coal.
  • Risk of flooding and extreme weather events impacting operations.
Mitigation Strategies
  • Conducting studies and engaging with regulatory agencies to address Section 316(b) requirements.
  • Monitoring supply chain for water-related risks and reducing reliance on coal through renewable energy investments.
  • Implementing system hardening measures such as flood walls, berm upgrades, and stormwater management.

Supply Chain Management

Supplier Audits: 97 of top suppliers (61% of annual spend) completed a voluntary sustainability assessment.

Responsible Procurement
  • Requesting information on water-related dependencies and minimization activities from top suppliers.

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Extreme weather events
Transition Risks
  • Regulatory changes related to water quality and thermal discharges.
  • Increased water stress in the Powder River Basin.
Opportunities
  • Improved water efficiency through dry ash handling and wastewater treatment upgrades.
  • Increased resilience to climate change impacts through infrastructure investments.

Reporting Standards

Frameworks Used: CDP Water Security Questionnaire

Third-party Assurance: ERM Certification & Verification Services Incorporated

UN Sustainable Development Goals

  • SDG 6: Clean Water and Sanitation

Providing safely managed WASH services to employees, reducing water withdrawal for thermal generation, and engaging in water stewardship initiatives.

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:49,766,070 tCO2e (2022)
Scope 1 Emissions:24,969,134 tCO2e (2022)
Scope 2 Emissions:81,222 tCO2e (2022)
Scope 3 Emissions:21,483,697 tCO2e (2022)
Water Consumption:Approximately 4 million megaliters of surface water used annually for cooling water at generation plants and pollution controls; about 53 million megaliters used for direct energy generation at hydroelectric sites.
Carbon Intensity:Projected decline in carbon intensity from generation fleet (details in report).

ESG Focus Areas

  • Environmental Stewardship
  • Social Impact
  • Governance
  • Sustainable Growth

Environmental Achievements

  • Announcing a new 20-year plan to reliably meet Missouri customers’ energy needs in an environmentally responsible manner, including accelerated deployment of renewable energy and investment in new on-demand energy sources.
  • 37% reduction in CO2 emissions (generation) below 2005 levels
  • 58% reduction in NOx emissions (generation) below 2005 levels
  • 69% reduction in SO2 emissions (generation) below 2005 levels
  • 91% reduction in Hg emissions (generation) below 2005 levels
  • Successfully implemented a retread program, keeping 465 tires out of landfills in 2023.
  • Investing approximately $9.4 billion in renewable energy between now and 2036.

Social Achievements

  • Enhancing support for customers having trouble paying energy bills through impactful programs.
  • Enhancing diverse board of directors, welcoming a new member with extensive utility leadership experience.
  • Developing workforce with strong participation in formal mentoring and early- and mid-career pipeline programs.
  • Donated two 90-ton turbine runners to Keokuk, Iowa, and Hamilton, Illinois for public display.
  • AmerenCares donated $12 million in cash and in-kind contributions to hundreds of organizations.
  • $500,000 multiyear commitment to Delmar DivINe to support North St. Louis programming.
  • $1 million multiyear pledge to support Beyond Housing’s Once and for All effort.
  • $140,000 multiyear commitment to Project Lead the Way to support K-12 STEM education.
  • $200,000 in grants to 100 public libraries through the Love Your Library program.
  • Teamed up with KidSmart to distribute school supplies to more than 300 teachers.

Governance Achievements

  • Developing our workforce with strong participation in formal mentoring, early- and mid-career pipeline programs.
  • Advocating for constructive regulatory policies across all operating segments.
  • Strengthening cybersecurity programs and training.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero carbon emissions by 2045.
  • Reduce water withdrawal for thermal generation by 95% by 2045 (compared to 2005 levels).
Medium-term Goals:
  • Reduce GHG emissions by 60% by 2030 (compared to 2005 levels).
  • Add 2,800 MW of new clean, renewable generation by 2030.
  • Add 400 MW of battery storage by 2030.
Short-term Goals:
  • Reduce water withdrawal for thermal generation by 40% by 2030 (compared to 2005 levels).

Environmental Challenges

  • Climate change and its impact on operations and the energy grid.
  • Meeting customer energy needs while transitioning to cleaner energy sources.
  • Managing risks associated with cybersecurity and data privacy.
  • Ensuring a just and equitable energy transition for all stakeholders.
Mitigation Strategies
  • Developing a 20-year energy plan with accelerated renewable energy deployment and investment in new on-demand energy sources.
  • Investing in grid modernization and upgrades to accommodate renewable energy resources.
  • Implementing comprehensive cybersecurity programs and training.
  • Establishing an energy equity framework with focus on energy justice, just transition, economic and workforce development, and social impact.

Supply Chain Management

Responsible Procurement
  • Supplier diversity program, aiming for 31% diverse spend.

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Development of renewable energy resources, energy efficiency improvements.

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, EEI-AGA ESG/Sustainability Template

Third-party Assurance: ERM Certification and Verification Services, Inc. (for GHG emissions)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 13 (Climate Action)
  • Goal 8 (Decent Work and Economic Growth)

Ameren's initiatives contribute to these goals through renewable energy development, grid modernization, community engagement, emissions reduction, and workforce development.

Awards & Recognition

  • Fair360 (formerly DiversityInc) Hall of Fame