Madison Gas and Electric (MGE)
Climate Impact & Sustainability Data (2016, 2018, 2019)
Reporting Period: 2016
Environmental Metrics
Total Carbon Emissions:2.847 million tons CO2 (2016)
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
- Renewable Energy
- Energy Efficiency
- Community Engagement
- Water Quality
- Waste Management
- Transportation
- Workforce Development
- Safety
Environmental Achievements
- Reduced CO2 emission rates by 21% since 2005
- Reduced total CO2 emissions by 21% since 2005
- Reduced MGE’s megawatt capacity share in the coal-fired Columbia Energy Center by approximately 14%
- Discontinued coal use at Blount Generating Station
- Retired 90 megawatts of older, less-efficient generation at Blount Generating Station
- Implemented a process to reduce concentrations of phosphorus in the discharge from its West Campus Cogeneration Facility by 93%
- Recycled 162 tons of materials in 2016
- Recycled 732 tons of metals and other scrap materials in 2016
Social Achievements
- Launched a new employee safety initiative including a company-wide Safety Perception Survey
- Formed a Safety Steering Team to identify and prioritize safety improvement projects
- Redeveloped the daily job briefing process to strengthen safety culture
- Expanded electric vehicle home charging program from 30 to 100 customers
- Enrolled more than 300 drivers in a multiyear EV charging research study
- Partnered with the City of Madison on its efforts to electrify 50% of its bus fleet by 2035
- Supported Yahara WINS, a 20-year effort to reduce phosphorus in the Yahara Watershed
- Provided energy education programs reaching nearly 2,000 fourth and fifth grade students annually
Governance Achievements
- MGE Energy’s Board of Directors annually reviews environmental progress and performance
- MGE Energy’s compensation committee considers environmental performance when evaluating executive compensation
- Achieved the highest designations from the Wisconsin Sustainable Business Council’s Green Masters program and the Wisconsin Department of Natural Resources’ Green Tier program
- Blount Generating Station is ISO 14001 certified
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Supply 30% of retail electric sales with renewable resources by 2030
- Reduce carbon dioxide emissions by 40% from 2005 levels by 2030
Short-term Goals:
- Supply 25% of retail electric sales with renewable resources by 2025
Environmental Challenges
- Reducing carbon emissions further to meet Energy 2030 goals
- Managing peak electric demand
- Improving recycling efforts
- Reducing phosphorus in the Yahara Watershed
Mitigation Strategies
- Energy 2030 framework with goals for renewable energy and carbon emission reductions
- Demand response programs
- Independent audit of recycling efforts and review of recommendations
- Partnership with Yahara WINS and phosphorus reduction initiatives at West Campus Cogeneration Facility
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Buying from local vendors when cost-effective
- Purchasing U.S. products whenever possible
- Purchasing EPEAT-registered electronic devices
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Growth of renewable energy resources
Reporting Standards
Frameworks Used: Null
Certifications: ISO 14001
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Shared Solar program
- Renewable Energy Rider program
Awards & Recognition
- Green Masters designation
- Green Tier designation
Reporting Period: 2018
Environmental Metrics
Total Carbon Emissions:2,640,046 MT CO2 (Owned + Purchased)
Scope 1 Emissions:2,177,238 tCO2e (Owned Generation)
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:462,808 tCO2e (Purchased Power) + 14,040 tCO2e (Fugitive from Natural Gas Distribution)
Renewable Energy Share:Not disclosed
Total Energy Consumption:3,572,862 MWh (Owned + Purchased)
Water Consumption:Not disclosed
Waste Generated:95.1 tons of hazardous waste
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced CO2 emissions intensity (MT/Net MWh) from 0.878 in 2018 to a lower value in a subsequent year (exact figure not provided in this report)
- 67.8% of Coal Combustion Products beneficially used
Social Achievements
- Maintained low employee safety incident rates (Recordable Incident Rate: 2.01, Lost-time Case Rate: 0.52, DART Rate: 0.14, Work-related Fatalities: 0.00)
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2019
Environmental Metrics
Renewable Energy Share:25% retail electric sales by 2025 (interim goal)
ESG Focus Areas
- Climate Change
- Renewable Energy
- Energy Efficiency
- Electrification of Transportation
- Community Engagement
- Employee Safety
- Governance
- Cybersecurity
Environmental Achievements
- Increased owned renewable capacity by roughly 600% since 2015 through over $350 million in clean energy projects.
- Reduced minority ownership in the Columbia Energy Center, dropping megawatt capacity share by about 14% in 2016.
- Accelerated depreciation of certain fossil fuel-fired assets in 2018 to facilitate investment in clean energy.
- Achieved the highest designations from two statewide environmental performance programs (Green Master and Green Tier).
Social Achievements
- Lowest lost-time incident rate since 1971 and lowest total recordable incident rate since 1982 in 2018.
- MGE Foundation gave over $5.2 million to more than 400 community organizations in the last five years.
- Employees and retirees gave over $163,000 to the United Way of Dane County in 2018.
- Over 10% of MGE customers took advantage of over $5 million in rebates and incentives from Focus on Energy® in 2018.
Governance Achievements
- Active and engaged Board of Directors with 10 regularly scheduled meetings annually.
- 100% director attendance at all board meetings in 2018.
- Comprehensive risk assessment and mitigation review biannually.
- Participation in national and statewide cybersecurity exercises, including building a state-of-the-art Cyber Range training facility.
Climate Goals & Targets
Long-term Goals:
- Net-zero carbon electricity by 2050
Medium-term Goals:
- Achieve at least 30% renewable energy by 2030
- Reduce carbon at least 40% by 2030 (from 2005 levels)
Short-term Goals:
- Supply 25% of retail electric sales with renewable energy by 2025
Environmental Challenges
- Achieving net-zero carbon electricity by 2050 requires new technologies not yet commercially available or cost-effective.
- Requires support for and participation in programs by customers and supportive public policy.
Mitigation Strategies
- Working with scientists at the University of Wisconsin-Madison to evaluate the company's net-zero carbon goal.
- Investing in cost-effective renewable energy projects.
- Economic analysis explicitly includes a possible projected carbon surcharge in generation decisions.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: TCFD
Certifications: Green Master, Green Tier
Awards & Recognition
- Inspiring Efficiency Award for Innovation (On Demand Savings program)