Ameren updates climate strategy report with new commitments, safeguards
Responding to recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), Ameren this week published an updated climate strategy report detailing its responsibilities to environmental, social and governance (ESG) demands.
“We are safeguarding energy reliability, resiliency and affordability for our customers as we make progress to reach our decarbonization goals,” Marty Lyons, chairman, president and CEO of Ameren Corporation, said. “Our continued focus on our strong sustainability value proposition, which balances the four pillars of environmental stewardship, positive social impact, strong governance and sustainable growth, will continue to benefit our customers, communities, co-workers and shareholders.”
As a company, Ameren – which oversees operations in both Missouri and Illinois – intends to achieve net-zero carbon emissions by 2045. That goal has remained unchanged. In this report, the company noted that its emissions reduction targets remain in line with the Paris Agreement’s attempts to limit global temperature rise to no more than 1.5 degrees Celsius, even if at large, the latest scientific reports have made clear the world’s limited efforts will be unable to contain it to that degree.
The report also described an equitable transition process, noting efforts to both meet the growing needs of the company’s customer base and the workforce and communities impacted by new infrastructure and the shuttering of outdated energy centers. Ameren also addressed risk management and compliance measures taken to reduce business risks raised by climate-related issues.
