Leeward Renewable Energy Releases Inaugural Sustainability Highlights Report
2024年4月26日 - 12:00AM
ビジネスワイヤ(英語)
Underscores LRE’s leadership in driving the
clean energy transition by prioritizing people and planet
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
- Furthered commitment to the health and safety of the
workforce: LRE achieved over one million employee working hours
without a single Occupational Safety and Health Administration
(OSHA) recordable injury over a period of more than three
consecutive years.
- Built a values-driven, inclusive team culture: Since
2021 year-end, LRE experienced 72 percent growth in its number of
employees and diversity representation increased to 34 percent,
showcasing LRE’s commitment to growing a safe, inclusive workforce
that reflects the diversity of the population in which LRE
operates.
Clean Energy Excellence
- Advanced a low-carbon1 future: Helping customers reach
their clean energy goals, LRE increased its renewable energy
capacity by 61 percent in 2022 – 2023, producing approximately 13.9
million megawatt-hours (MWh). That is the equivalent of powering
over 1,450,773 homes2 and avoiding over 5.1 million metric tons3 of
CO2e.
- Prioritized lifecycle management: LRE is laser-focused
on driving sustainable practices across its portfolio and
throughout every stage of its projects. In 2022-2023, as part of
LRE’s construction waste minimization effort, LRE recycled 100
percent of its decommissioned wind turbine blades, along with more
than 16,000 solar panels. Through the Company’s strategic
partnerships, decommissioned wind turbines and blades are recycled
into new materials, such as reinforcing fibers used to strengthen
concrete.
Thriving Environments and Communities
- Served as a leader in land stewardship: LRE oversaw over
5,000 acres of land under robust vegetation and biodiversity
management plans and established almost 1,000 acres of pollinator
habitats in 2023, furthering its commitment to protecting and
enhancing the environment.
- Meaningfully contributed to local communities: LRE seeks
to create economic benefits, local jobs, and long-lasting
relationships in the communities where it operates, and in
2022-2023 contributed over $61 million in local community impacts.
LRE also believes that being a good neighbor means supporting the
causes that its local communities are passionate about, and LRE
provided over $1 million in community giving in 2022-2023.
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:
- Execute 10GW of operating and contracted capacity by 2028;
- Monitor and utilize new innovations in equipment
decommissioning, reuse, and recycling technologies;
- Establish the LRE Foundation to further develop the Company’s
purpose-driven impact;
- Continue to align with rigorous environmental standards and
advance innovative land stewardship practices; and
- Quantify and disclose its greenhouse gas emissions and develop
a plan to reduce scope 1 and scope 2 emissions.
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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Kelly Kimberly 713.822.7538 Liz James 281.881.5170 FGS Global
lre@fgsglobal.com