Climate Change Data

EPCOR Utilities Inc. and its subsidiaries

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:191,245 tCO2e/year
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

  • Water and Wastewater Management
  • Affordability and Access
  • Climate Change – Physical Risk
  • Human Capital Management
  • Community Relations
  • Public Safety and Emergency Preparedness
  • Workforce Health and Safety
  • Climate Change – Transition Risk
  • Greenhouse Gas Emissions
  • ESG Governance
  • Grid Resiliency
  • Rights of Indigenous Peoples

Environmental Achievements

  • Reduced net Scope 1 and 2 greenhouse gas emissions to 191,245 tonnes CO2e in 2023 from 213,927 tonnes in 2022. Targeting a 50% reduction by 2025 and 85% by 2035.
  • kīsikāw pīsim solar farm generated 19,078 MWh of electricity in its first full year of operation, powering nearly half of the E.L. Smith Water Treatment Plant.
  • Achieved 95.5% reuse or recharge of treated wastewater effluent in U.S. operations.
  • 20% project completion on Edmonton flood resilience upgrades.

Social Achievements

  • Launched Go EV program in southwestern Ontario, distributing over $2 million in federal funding for electric vehicle charging stations.
  • Implemented Alberta government programs that lowered customer utility bills by more than $311 million.
  • Maintained a 76% employee engagement score.
  • Relauched Corporate Mentoring program supporting 60 local students.
  • Held a Water Carnival in Clovis, New Mexico, engaging 1200 community members in water conservation discussions.

Governance Achievements

  • 100% of EPCOR’s board is made up of independent directors.
  • 45% of board seats held by women.
  • 100% of ethics complaints actioned.

Climate Goals & Targets

Long-term Goals:
  • Net zero greenhouse gas emissions by 2050
Medium-term Goals:
  • 85% reduction in net greenhouse gas emissions by 2035
Short-term Goals:
  • 50% reduction in net greenhouse gas emissions by 2025

Environmental Challenges

  • Inflation putting pressure on household budgets.
  • Climate change impacts (extreme weather).
  • Water scarcity in the U.S. Southwest.
  • Balancing population and economic growth with emissions reduction targets.
  • Cybersecurity incidents affecting electricity systems.
Mitigation Strategies
  • Implementing affordability programs and advocating for electricity market reforms.
  • Investing in flood resilience upgrades and protecting source water supplies.
  • Implementing water reuse strategies.
  • Developing roadmaps to increase efficiency and sustainability across business lines.
  • Strengthening grid resiliency through investments and planning.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Indigenous Relations Procurement Strategy to increase Indigenous-owned businesses in supply chains.

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Extreme weather
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products and services
  • Growth in renewable energy

Reporting Standards

Frameworks Used: GRI Standards, SASB (Electric Utilities & Power Generators, Water Utilities & Services, Gas Utilities & Distributors), Greenhouse Gas (GHG) Protocol

Certifications: Null

Third-party Assurance: Brightspot Climate Inc. (reasonable assurance for Scope 1 and 2 emissions)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 6 (Clean Water and Sanitation)
  • Goal 13 (Climate Action)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 5 (Gender Equality)
  • Goal 1 (No Poverty)
  • Goal 2 (Zero Hunger)

EPCOR's actions contribute to these goals through initiatives related to renewable energy, water management, climate action, community resilience, gender equality, and community investment.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed