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