Leeward Renewable Energy Releases Inaugural Sustainability Highlights Report
DALLAS , April 25 /Businesswire/ - Leeward Renewable Energy (LRE) today released its inaugural Sustainability Highlights Report, showcasing the Company’s key sustainability activities, environmental performance, and commitments as a leading renewable energy company in the United States. The 2022 – 2023 Sustainability Highlights Report, titled “Powering with Purpose,” outlines LRE’s progress in three key areas: empowered teams; clean energy excellence; and thriving environments and communities.
“For over 20 years, LRE has made meaningful, positive impacts to protect and improve our planet by supporting the clean energy transition,” said Jason Allen, LRE’s Chief Executive Officer. “And we do this, while keeping people – our employees, landowners, local community members, and partners – at the center of our operations. Our business is inextricably linked to the environment, and by putting people and the planet first, we have created a strong, resilient company that is moving the needle on sustainability. I am proud of the work we have done and the work we will do, and the inaugural LRE Sustainability Highlights Report is a key milestone in our commitment to sustainable growth.”
Highlights from the 2022-2023 Report include:
Empowered Teams
Clean Energy Excellence
Thriving Environments and Communities
The 2022-2023 Report is a key step in LRE’s efforts to evolve its sustainability strategy, policies, measurement, and reporting. Looking ahead, LRE plans to:
About Leeward Renewable Energy
Leeward Renewable Energy (LRE) is a high-growth renewable energy company building a sustainable future for all. The company owns and operates a portfolio of 31 wind, solar, and energy storage facilities across the United States, totaling approximately 3 gigawatts of generating capacity and is actively developing and contracting a robust pipeline of new renewable energy projects. LRE takes a tailored, full-lifecycle approach to its projects, which is underpinned by its long-term ownership model and purpose-driven culture that is dedicated to benefiting its community partners while protecting and enhancing the environment. LRE is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of the largest defined pension plans in Canada, with C$127.4 billion in net assets (as at June 30, 2023). For more information, visit www.leewardenergy.com.
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1 Defined as zero emissions at the point of generation. |
2 This figure is calculated by using internal operational site-specific data for Total Net Energy Generated [MWh], multiplying by the most recent data for State Output Emission Rates [lb/MWh] eGrid2022[1] for CO2e based on which state the operational site resides in, converting to metric tons, and then aggregating data across all relevant sites. For the purposes of this calculation, LRE assumes that emissions rates and GRID boundaries are consistent across the entirety of the state. [1] egrid2022_summary_tables.pdf (epa.gov) |
3 This figure is calculated using internal operational site-specific data for Total Net Energy Generated [MWh], obtaining the relevant state-level average monthly residential energy consumption data from US EIA[1], making necessary unit conversions, dividing the site-specific data for total net energy in that year by the residential energy consumption to find the site’s equivalent homes powered calculation, and aggregating all site data across the relevant time span. For the purposes of this calculation, LRE assumes that energy consumption is consistent across the entirety of the state. [1] table_5A.pdf (eia.gov) |
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