Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Renewable Energy
• Energy Efficiency
• Clean Transportation

Environmental Achievements

• Decreased reportable GHG emissions (Scope 1 and 2) by 13.3% in 2018 compared to 2017 from gas operations
• Aims to reduce customers' absolute GHG emissions associated with their energy use by 30% by 2030 compared to 2007

Social Achievements

• Not disclosed

Governance Achievements

• Established a consensus-based project selection process that includes screening procedures for LNG/CNG projects and some considerations regarding lifecycle, rebound effects, supply chain, and climate resilience

Climate Goals & Targets

Environmental Challenges

• Limited supply of Renewable Natural Gas (RNG)
• Potential for lock-in of emissions by investing in LNG
• Lack of systematic Scope 3 emissions accounting
• Need for a longer-term strategy to supply sufficient RNG
• Potential for rebound effects from DSM and pollution prevention programs

Mitigation Strategies

• Actively working to secure production of RNG
• Including RNG as a future replacement for conventional natural gas
• Monitoring rebound effects
• Internal verification of project alignment with framework
• External review of incentive structures for fuel switching

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Lock-in of emissions from natural gas infrastructure

Opportunities

• Increased production and utilization of RNG

Reporting Standards

Frameworks Used: GRI

Certifications: Null

Third-party Assurance: Internal verification only

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• RNG

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Safety
• Environmental Management
• Climate Change
• Indigenous Relations

Environmental Achievements

• Complete refurbishment of four hydroelectric generating units (completed in 2021)
• EMS in place consistent with ISO 14001:2015 standards
• Cost of compliance with environmental laws and regulations did not have a material effect on operating costs, capital expenditures, earnings or competitive position in 2023

Social Achievements

• Focus on succession planning to preserve skills as workforce ages and retires
• Regular safety and environmental audits
• Safety performance measures incorporated into employee compensation system

Governance Achievements

• Governance & Sustainability Committee oversees corporate governance, environment, safety, and human resource management, including executive compensation

Climate Goals & Targets

Environmental Challenges

• Potential for spills and resulting enforcement actions under existing environmental legislation
• Potential for future clean-up costs from spills and leaks
• Managing hazardous substances such as PCBs and herbicides
• Negotiation of collective bargaining agreements with IBEW and MoveUP unions

Mitigation Strategies

• Spill prevention, waste discharge authorizations, proper material handling, emergency response programs and spill response guidelines
• Environmental management programs for PCBs and herbicides
• Integrated approach to vegetation management
• Regular testing of emergency preparedness plans

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Adverse weather conditions and natural disasters

Transition Risks

• Regulatory changes

Opportunities

• CleanBC initiatives

Reporting Standards

Frameworks Used: ISO 14001:2015

Environmental Metrics

ESG Focus Areas

• Safety
• Environment
• Social Responsibility
• Sustainability
• Diversity & Inclusion
• Human Rights
• Ethical Conduct
• Governance

Environmental Achievements

• Not disclosed

Social Achievements

• Commitment to creating a workplace where all feel empowered to bring their authentic selves to work. Support for inclusion and diversity in the workplace.
• Commitment to employee health and wellness.

Governance Achievements

• Periodic updates to the code of conduct with input from external experts.
• Regular review of the code by the governance and sustainability committee and approval by the board of directors.
• Establishment of reporting channels for ethical concerns (EthicsPoint hotline).

Climate Goals & Targets

Environmental Challenges

• Maintaining safe working conditions in a hazardous industry with employees working in remote locations and extreme weather.
• Managing cybersecurity threats.
• Ensuring compliance with various regulations (public utility regulation, environment, occupational health and safety, human rights, bribery and corruption, etc.).
• Avoiding conflicts of interest.

Mitigation Strategies

• Diligence in following occupational health and safety system management corporate manual and safety protocols.
• Guidance from the Cyber Security Department on identifying and avoiding cybersecurity threats.
• Internal policies and procedures to manage and record transactions susceptible to fraud or abuse.
• Clear guidelines and reporting channels for conflicts of interest.

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