Climate Change Data

Intersect Power, LLC

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Low
Scope 2 Emissions:Low
Scope 3 Emissions:Offset in part by carbon negative emissions of projects
Renewable Energy Share:100%
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Emissions and Climate Change
  • Health and Safety
  • Supply Chain Management
  • Diversity & Inclusion
  • Community Engagement
  • Anti-Corruption and Ethical Practices
  • Data Privacy and Cyber Security

Environmental Achievements

  • Achieved 100% renewable carbon-free energy generated in operations. Water consumption is exceedingly low at an average of 1.7% the rate of water use compared to U.S.-based irrigated agriculture on a per-acre basis and 0.12% the rate of water use of the rest of the U.S. electric sector on a per megawatt-hour basis.
  • All eligible Intersect Power projects in development, construction, and operation are environmentally sustainable due to 100% alignment with the EU taxonomy.

Social Achievements

  • Total Recordable Injury Rate (TRIR) for contractors (EPC and O&M) and Intersect employees was 0.47 and 0 respectively, over approximately 2 million workhours.
  • Achieved a leading employee engagement score of 90%, 12 points above the benchmark.

Governance Achievements

  • Established an ESG Committee of the Board.
  • Completed the development of an Intersect Power Green Financing Framework.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Full TCFD alignment; advance full emissions reporting to meet TCFD and SASB requirements in 2025.
Short-term Goals:
  • Develop a siting and evaluation framework to support permitting and land use strategy; codify revegetation land management processes.

Environmental Challenges

  • Supply chain disruptions
  • Potential local environmental impacts associated with siting, designing, constructing, and operating clean energy facilities.
  • Managing waste responsibly.
  • Potential risks to biological resources.
Mitigation Strategies
  • Locked in costs early with domestic supply chain (7.3 GW procurement agreement with First Solar).
  • Formal risk-assessment and site characterization process to avoid, minimize, and mitigate environmental impacts.
  • Best practices to ensure waste is managed as required by regulations; promote reduction, reuse, and recycling.
  • Avoid, mitigate, and minimize biodiversity risks; work with government agencies, Native American Tribes, NGOs, and local communities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritize domestic sourcing; 100% domestically sourced solar panels; partnership with First Solar.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB Electric Utilities & Power Generators Standard, SASB Solar Technology & Project Developers Standards, TCFD

Certifications: ISO 9001:2015 (First Solar), ISO 14001:2015 (First Solar), ISO 4500:2018 (First Solar), ISO 14064-3:2006 (First Solar)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3
  • SDG 7
  • SDG 8
  • SDG 9
  • SDG 13

Intersect Power's activities align with these SDGs through its core values and business strategy.

Sustainable Products & Innovation

  • First Solar's polysilicon-free panels

Awards & Recognition

  • Not disclosed