Climate Change Data

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Energy Efficiency
• Clean Transportation
• Green Buildings
• Climate Change Adaptation
• Environmentally Sustainable Management of Living Natural Resources and Land Use

Environmental Achievements

• In 2015, ITC worked closely with various stakeholders in Michigan to build the 140-mile Thumb Loop transmission project, helping the state achieve its renewable energy goals. As of 2020, ITC had 6,424 megawatts of wind energy production capacity connected to its systems.
• Since 2015, Fortis (ITC’s parent company) has experienced a 15% decrease in GHG emissions, which it primarily attributes to the acquisition of ITC in 2016, highlighting ITC’s low carbon footprint.
• Since 2011, ITC’s environmental stewardship activities across all of its operations have been driven by an ISO-14001-based environmental management system.
• In 2014, ITC worked with the U.S. Forest Service, the U.S. Fish and Wildlife Service and the Michigan Department of Natural Resources to plan a 21-mile rebuild of a deteriorating transmission line across the Manistee National Forest in Michigan, which houses a habitat for the federally endangered Karner blue butterfly.

Social Achievements

• ITC is committed to establishing a dialogue with stakeholders, with a focus on collaborating with industry associations, government, investors and supporting community-based projects.
• ITC worked closely with various stakeholders in Michigan, including its customers and the government, to build the 140-mile Thumb Loop transmission project to help the state reach its renewable energy target, without adversely impacting local communities.
• ITC collaborates with national organizations including the U.S. Fish and Wildlife Service and state wildlife agencies to preserve the natural environmental.

Governance Achievements

• ITC will create a committee consisting of representatives from its Engineering, Treasury, Accounting and Finance teams to be responsible for assessing and selecting eligible projects on an annual basis.

Climate Goals & Targets

Environmental Challenges

• Occupational health and safety risks associated with large-scale infrastructure development
• Community relations/stakeholder participation challenges
• Land use and biodiversity issues associated with large-scale infrastructure development
• Emissions, effluents, and waste risks

Mitigation Strategies

• All facilities under Fortis Inc.’s management are required to run extensive health and safety management programs that align with ISO 45001, OHSAS 18001, or an equivalent standard.
• ITC is committed to establishing a dialogue with stakeholders.
• ITC’s environmental team has developed a geographic database of rare plant and animal species and unique natural ecosystems that occur within proximity of ITC power plants.
• ITC manages waste in accordance with ISO 14001-aligned environmental management programs and local regulations.
• ITC voluntarily joined the U.S. Environmental Protection Agency’s SF6 Emission Reduction Partnership for Electric Power Systems in 2005.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Climate related disturbances

Reporting Standards

Frameworks Used: Green Bond Principles 2021

Certifications: ISO 14001

Third-party Assurance: Independent accountant attestation report in accordance with attestation standards established by the American Institute of Certified Public Accountants

UN Sustainable Development Goals

• SDG 7
• SDG 9
• SDG 11
• SDG 13
• SDG 15

The bond(s) issued under the ITC Green Bond Framework advances the SDGs through investments in renewable energy, energy efficiency, clean transportation, green buildings, climate change adaptation, and environmentally sustainable management of living natural resources and land use.

Awards & Recognition

• Wildlife Habitat Council’s Conservation Certification Program