Climate Change Data

NextEra Energy Partners, LP

Climate Impact & Sustainability Data (2020, 2022)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:64,179 tCO2e/year (2020)

ESG Focus Areas

  • Climate Change
  • Social Responsibility
  • Governance

Environmental Achievements

  • Renewable energy portfolio generated enough zero-emissions electricity to power nearly 1.75 million homes for one year, avoiding over 9.7 million tons of CO2 emissions compared to traditional energy sources.
  • Reduced fleet-wide dollar per megawatt hour wind O&M costs by more than 30% since 2017.

Social Achievements

  • NextEra Energy Resources had an Occupational Safety and Health Administration (OSHA) rate of 0.35 in 2020, better than the top decile in the industry.
  • NextEra Energy and its employees contributed $19 million in 2020 to support local communities.

Governance Achievements

  • 29% of the board are women.
  • 29% of the board are minorities.
  • Majority of the board are elected by unitholders.
  • Proxy access provisions.

Climate Goals & Targets

Environmental Challenges

  • Increased CO2e emissions in 2020 due to the addition of gas-fired backup power for compressor operations and the inclusion of equity ownership in Central Penn Line.
  • Climate-related extreme weather events.
  • Cybersecurity threats.
Mitigation Strategies
  • Regular inspections of equipment to detect and repair leaks in natural gas pipelines.
  • Investment in infrastructure resiliency (e.g., backup compression for Texas pipeline).
  • Comprehensive cybersecurity monitoring program and employee training.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Growth in renewable energy

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:104,763 tCO2e (Scope 1 in 2021)
Scope 1 Emissions:104,763 tCO2e (2021)
Scope 2 Emissions:201,306 tCO2e (2021)
Renewable Energy Share:79% (wind and solar)

ESG Focus Areas

  • Climate Change
  • Social Responsibility
  • Governance

Environmental Achievements

  • Avoided over 10.9 million tons of CO2 emissions in 2021 compared to traditional energy sources.
  • Reduced fleet-wide O&M costs significantly from 2017-2021, improving wind by approximately 33% and solar by approximately 26%.
  • Completed the sale of Monument Pipeline, LP, redeploying proceeds to acquire higher-yielding renewable energy assets.

Social Achievements

  • NextEra Energy's workforce diversity: women (24%), minorities (39%), veterans (13%) in 2021.
  • NextEra Energy Resources had an OSHA rate of 0.26 in 2021, better than the top decile in the industry.
  • Contributed about $48.5 million in property and other taxes and community giving in 2021.

Governance Achievements

  • Board is made up of 29% women and 29% minorities.
  • Majority of the board is elected by unitholders.
  • Proxy access provisions allow unitholders to nominate directors.

Climate Goals & Targets

Environmental Challenges

  • Climate change risks (severe weather, regulatory changes)
  • Cybersecurity risks
  • Gas transportation asset emissions
Mitigation Strategies
  • Robust risk management process with realistic assumptions and sensitivity analyses.
  • Comprehensive cybersecurity monitoring program and employee training.
  • Regular equipment inspections to detect leaks and make repairs, exploring options for gas transportation assets (green hydrogen, RNG).

Supply Chain Management

Responsible Procurement
  • Maximizes value through fleet-wide vendor relationships

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather
Transition Risks
  • Regulatory changes, market shifts
Opportunities
  • Growth in wind, solar, and battery storage