NRG Energy’s Sustainable Business Goals and Performance

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NRG Energy’s Sustainable Business Goals and Performance

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Monday, July 17, 2017 - 9:25am

CAMPAIGN: NRG Energy 2016 Sustainability Report

CONTENT: Article

As with other organizations that have chosen to
 make sustainability part of their strategic imperative, sustainability at NRG means driving business results, reducing risk and enhancing the company’s brand value. Sustainable Business lies at the core of our five-pillar strategy because it encompasses initiatives that embed sustainability throughout the organization. This includes our objectives to be recognized as a thought leader on transparency and other key issues, to measure key sustainable business goals and to manage stakeholder engagement. This strategy ties financial performance with our decarbonization efforts. It also advances dialogue around future corporate reporting while engaging with our broad stakeholder network.

Governance

To further integrate sustainability into our business, we’ve set up a robust system of governance and information gathering to help us determine where to make changes, how to manage priorities and how to engage our investors and stakeholders. Learn more about NRG’s corporate governance here.

Board of directors oversight

In 2016, our board’s Governance and Nominating Committee officially added corporate sustainability to its oversight. The Committee reviews NRG’s strategies and e orts to manage its environmental, economic and social impacts, including, but not limited to, NRG’s environmental, climate change and sustainability policies and programs. Learn more about committee composition here.

Corporate sustainability governance structure

Sustainability is also championed by our business leaders, integrated into our core operations and, therefore, embedded into our organizational strategy.

Further, the sustainability team is advised by a CEO-led executive steering committee to guide the development, integration and implementation of our strategy. The committee meets biannually and communicates throughout the year for specific implementation needs. In 2016, the committee’s structure adjusted to position leadership in strategic priority areas and will continue to evolve in 2017.

Board of Directors oversight

In 2016, our board’s Governance and Nominating Committee officially added corporate sustainability to its oversight. The Committee reviews NRG’s strategies and e orts to manage its environmental, economic and social impacts, including, but not limited to, NRG’s environmental, climate change and sustainability policies and programs. Learn more about committee composition here.

Corporate sustainability governance structure

Sustainability is also championed by our business leaders, integrated into our core operations and, therefore, embedded into our organizational strategy.

Further, the sustainability team is advised by a CEO-led executive steering committee to guide the development, integration and implementation of our strategy. The committee meets biannually and communicates throughout the year for specific implementation needs. In 2016, the committee’s structure adjusted to position leadership in strategic priority areas and will continue to evolve in 2017.

As of Dec. 31, 2016, the executive steering committee included the following members:

  • Mauricio Gutierrez, President and CEO 

  • Kevin Cole, Senior Vice President, Investor Relations 

  • Craig Cornelius, Senior Vice President, Renewables 

  • Lynda Clemmons, Vice President, NRG Business Solutions 

  • David Hill, Executive Vice President and General Counsel 

  • Elizabeth Killinger, Executive Vice President and President, NRG Retail 

  • Judith Lagano, Senior Vice President, Asset Management 

  • Christopher Moser, Senior Vice President, Operations 

  • Bruno Sarda, Vice President, Sustainability 

  • Walter Stone, Senior Vice President, Environmental 
and Assistant General Counsel 


Stakeholder engagement 


As we realize our vision to create a sustainable energy future, we focus on disciplined strategies and smart capital allocation while adhering to the needs and concerns of our stakeholders. Critical stakeholders include our shareholders, customers, peers, policymakers, suppliers, employees, civil society and the communities we serve. 
To strengthen our relationship with key stakeholders, we actively seek opportunities to engage with them and foster a collaborative dialogue. In support of this effort, NRG in 2016 became a member of Ceres, a highly respected nonprofit t organization whose mission is to “mobilize investor and business leadership to
build a thriving, sustainable, global economy.” With Ceres, we’ve established a formal Stakeholder Advisory body, which meets several times a year and includes investors, customers, leading NGOs, policy groups, and 
 energy experts. The group engages with us to provide useful feedback on how we can ensure alignment with expectations both commercial and otherwise.

Download NRG Energy’s Sustainability Report here.

Learn more about NRG Energy’s sustainability initiatives here.

About NRG
NRG is the leading integrated power company in the U.S., built on the strength of the nation’s largest and most diverse competitive electric generation portfolio and leading retail electricity platform. A Fortune 200 company, NRG creates value through best in class operations, reliable and efficient electric generation, and a retail platform serving residential and commercial businesses. Working with electricity customers, large and small, we continually innovate, embrace and implement sustainable solutions for producing and managing energy. We aim to be pioneers in developing smarter energy choices and delivering exceptional service as our retail electricity providers serve almost 3 million residential and commercial customers throughout the country.

Keywords: Research, Reports & Publications | Business Ethics | CSR Reports | Corporate Governance | Corporate Social Responsibility | Ethics & Governance | NRG Energy | Sustainability | Transparency

CAMPAIGN: NRG Energy 2016 Sustainability Report

CONTENT: Article