We’ve made important progress over the last year through our Environmental, Social, and Governance (ESG) initiatives. To make our sustainability efforts more strategic and focused and drive the sustainability performance of our organization, we have identified key ESG issues that are material to ACEN and to what matters to our stakeholders. We have established a baseline of our ESG data, including climate that helped us develop our metrics and targets in assessing risks and opportunities.
Equivalent to ~600,000 gasoline-powered vehicles driven for a year1
|1||Based on US EPA GHG Equivalencies Calculator|
|2||Excludes SLTEC employees due to the divestment of the asset in November 2022|
The forests that we protect have become an important wildlife habitat across the region. With the help of our partners in sustainability, we create an ecologically diverse landscape thriving with biodiversity.
Through sustained and cohesive initiatives to integrate our values, vision and culture, our employees identify strongly with our commitment to “do better” by driving positive change for people and planet.
In November 2021, ACEN established a board-level Sustainability Committee and an executive-level ESG Committee to regularly review our sustainability strategy, culture and values, while maintaining oversight of performance. An executive level Risk and Health & Safety Committee provides oversight of operational safety and sustainability risks.
We empower our women and allow them to thrive towards true inclusion, recognizing their amazing contributions in the renewable energy space.
Paving the way to integrate sustainability in the way we work and influence our decision-making on strategy, capital allocation, operations, governance, and culture is our Environmental and Social (E&S) Policy, with the aim to deliver long-term value for all our stakeholders.
As part of our sustainability commitment, we implement the Environmental and Social Management System (ESMS) to manage E&S risks and impacts throughout the life cycle of our projects. Through the ESMS, we are able to identify and assess E&S risks to develop appropriate action plans and mitigation measures.
Step 1. General E&S Risk Identification
Step 2. Risk Prioritization
Step 3. Stakehoider Engagement and Mapping
Step 4. Emergency Scenarios Assessment
Step 5. Formulate E&S Action Plan for Priority Risks
Step 6. Formulate Stakeholder Engagement Plan
Step 7. Develop Stakeholder Communication Platform
Step 8. Formulate Emergency Preparedness Plans (as necessary)
Step 9. Secure approval of E&S Action Plans
Step 10. Issue Notice to Proceed
Step 11. Ensure compliance with national regulatory requirements and internal monitoring of E&S Action Plan implementation
Step 12. Conduct a semi-annual review on the progress and compliance of all E&S Action Plans and Stakeholder Engagement Plans
To report any illegal act, wrongdoing, malpractice, risk
to the corporation, or any violation of company policy:
*All reports shall be treated in confidence and the identity of the whistleblower
will be protected. The whistleblower shall be protected from all forms of