Ameren releases five sustainability reports, outlines plan for net-zero carbon emissions by 2050
Ameren Corporation published a series of five reports last week chronicling the frameworks most desired by investors on the path to sustainability, insight into environmental, social and governance (ESG) matters, and the foundation for its net-zero carbon emissions by 2050 plan.
The reports include Ameren’s current progress toward sustainability through its 2021 Sustainability Report, a climate risk report on the changes needed to achieve net-zero emissions, an Edison Electric Institute and American Gas Association-based sustainability report, Ameren’s first Sustainability Accounting Standards Board (SASB) for ESG topics and a linking of Ameren’s business activities to United Nations Sustainable Development Goals (SDG).
“We’ve made significant progress in the last year on our transformational changes toward clean energy, helping customers control their energy use, increasing adoption of electric vehicles and taking impactful steps to make our communities better and more inclusive,” Gwen Mizell, vice president of sustainability and electrification at Ameren, said. “These accomplishments all occurred amid the great challenges of the pandemic. The reports are just one of the ways we’re demonstrating Ameren’s vision, Leading the Way to a Sustainable Energy Future, for the customers and communities we serve.”
The 2021 Sustainability Report also showed that by working with Illinois and Missouri regulators, Ameren was able to provide more than $23 million for those in need during the COVID-19 pandemic. It also updated the company’s ESG initiatives, ESG practices, and plans for future sustainable growth. The “Committed to Clean: Transformational Changes Toward Net-Zero” climate risk report also charted Ameren’s management of climate-based risks and opportunities to date and set the foundations for adding 5,400 MW of clean energy over the years to come.
In its 2021 EEI-AGA ESG/sustainability report, Ameren utilized the pair’s report template to provide quantitative data on energy generation, capital expenditures, environmental impact, and more. The SASB, on the other hand, was for investors, seeking to guide them through how ESG topics are intertwined with Ameren’s business strategies and performance. Lastly, the United Nations SDG report shows how Ameren’s business efforts are linked to SDGs and conducted in collaboration with the Electric Power Research Institute to identify important sustainability issues.
