Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Webinars
    • Events
  • Videos
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Magazine
  • Advertise
  • Subscribe

Edison Electric Institute launches pilot reporting template for sustainability & clean energy metrics

By Michelle Froese | December 8, 2017

To better serve customers and investors, the Edison Electric Institute (EEI) announced that it is launching a pilot environmental, social, governance, and sustainability-related (ESG/sustainability) reporting template, with the goal of helping EEI’s member electric companies provide investors with more uniformity and better consistency for ESG/sustainability metrics.

Report template

The new template is intended to help EEI’s member electric companies provide investors with more uniformity and better consistency for ESG and sustainability metrics.

“EEI’s member companies are committed to a clean and affordable energy future, and our industry is leading the way in emissions reductions, having cut carbon-dioxide emissions 25% below 2005 levels as of the end of 2016,” said EEI President Tom Kuhn. “In an effort to become a model industry for ESG/sustainability reporting, EEI has been working closely with our large investors and financial institutions to better understand their informational needs regarding reporting metrics.”

To assess the current ESG/sustainability reporting practices, EEI assembled a broad working group comprised of institutional investors who specialize in asset management, ESG/sustainability, investment banking, and buy-side and sell-side research and electric company officials from various disciplines, including accounting, environment, ESG/sustainability, finance, treasury, investor relations, and legal.
“We expect that the template, created through a thoughtful and inclusive process, will be a useful tool to provide consistent data and information, which will help the financial community as it evaluates companies in the industry,” said Caren Byrd, managing director of Morgan Stanley’s investment banking division.
Over the past 18 months, the working group helped EEI develop the template for the qualitative information, including ESG/sustainability governance and strategy, and quantitative information, including portfolio data, emissions, and human and natural resources, that investors are seeking. The template also helps to provide investors with more clarity on risks from stranded assets and regulatory issues, as well as opportunities for investments in clean energy. While EEI has had overwhelming member company support, companies ultimately will choose if and how they incorporate this voluntary template into their current reporting.
The electric companies participating in the pilot will publish their 2016 data in the coming weeks. For those interested in the information, it typically will be posted on the investor relations or sustainability sections of the electric company’s website. EEI plans to release Version 1 of the template in mid-2018 for member company use with reporting 2017 data.

Filed Under: News

 

About The Author

Michelle Froese

Related Articles Read More >

US government allows Empire Wind offshore project to resume construction
Richardson Electronics to deliver pitch energy modules to TransAlta wind fleets
Equinor halts work on Empire Wind offshore project after federal government order
ARESCA wants input on offshore wind standards

Podcasts

Wind Spotlight: Looking back at a year of Thrive with ZF Wind Power
See More >

Windpower Engineering & Development Digital Edition

Digital Edition

Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. Clip, share and download with the leading wind power engineering magazine today.

Windpower Engineering & Development
  • Wind Articles
  • Solar Power World
  • Subscribe to Windpower Engineering
  • About Us/Contact Us

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising

Search Windpower Engineering & Development

  • Home
  • Articles
    • Most recent posts
    • News
    • Featured
  • Resources
    • Digital issues
    • Podcasts
    • Suppliers
    • Webinars
    • Events
  • Videos
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Magazine
  • Advertise
  • Subscribe