Algonquin Power & Utilities Corp 2023 SR
The report highlights Algonquin's progress toward its 2023 ESG targets, including achieving a reduction of over one million metric tons of GHG emissions from 2017 levels. The company advanced its net-zero by 2050 commitment while navigating a strategic transition toward becoming a fully regulated utility. Key environmental achievements include saving 22 million liters of water through innovative hydrolysis technology at the State Line plant and expanding renewable generation capacity to 65.9%. Socially, the company exceeded its target for women in leadership roles at 31.49% and significantly increased employee volunteer hours to over 10,000. Governance was strengthened by embedding ESG metrics into compensation models and achieving 100% internal health and safety system coverage.
Company: Algonquin Power & Utilities Corp
Sector: Utilities
Country: Canada
Year: 2023
Type: SR
Pages: 134
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Algonquin Power & Utilities Corp
ESG Report
The report highlights Algonquin's progress toward its 2023 ESG targets, including achieving a reduction of over one million metric tons of GHG emissions from 2017 levels. The company advanced its net-zero by 2050 commitment while navigating a strategic transition toward becoming a fully regulated utility. Key environmental achievements include saving 22 million liters of water through innovative hydrolysis technology at the State Line plant and expanding renewable generation capacity to 65.9%. Socially, the company exceeded its target for women in leadership roles at 31.49% and significantly increased employee volunteer hours to over 10,000. Governance was strengthened by embedding ESG metrics into compensation models and achieving 100% internal health and safety system coverage.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees