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Sustainability Reporting Initiative

Reporting > SASB

SASB Standards identify the subset of ESG issues most relevant to a company’s financial performance

The Sustainability Accounting Standards Board (SASB) has developed industry-specific sustainability performance metrics. Innergex’s business activities fall into two industry levels: Infrastructure (Electric Utilities and Power Generators) and Renewable Resources and Alternative Energy (Solar Technology and Project Developers/Wind Technology and Project Developers). This is the first year Innergex has mapped its performance in relation to SASB standards on key issues. Innergex’s consolidated SASB metrics based on 2020 performance are outlined in the table below.

Electric Utilities & Power Generators Standard

Topic Accounting Metric 2020 Performance Reference Code
Greenhouse Gas Emissions & Energy Resource Planning Gross Global Scope 1 emissions 1,277.3 mt CO2 Planet / Air

  • GHG Inventory
IF-EU-110a.1
Percentage covered under emissions-limiting regulations Not applicable Under threshold
Percentage covered under emissions-reporting regulations Not applicable Under threshold
Discussion of long-term and short-term strategy or plan to manage Scope 1 emissions, emissions reduction targets, and an analysis of performance against those targets For over 30 years, Innergex has been exclusively focused on generating energy from renewable resources. Our Sustainable Development Policy states that the Corporation continues to analyze and evaluate the impact of our activities on the environment and, where possible, improve procedures and outcomes. We are continually assessing and improving our procedures by improving efficiencies in all aspects of our operations. The Corporation currently aligns its reporting with the UNSDGs and the SASB and is committed to including the CDP by the end of the year, and is researching including the TCFD framework in the near future and set emissions reduction targets. We will also be expanding our yearly emission reporting to include Scope 3 amounts by 2023. Sustainable Development Policy IF-EU-110a.3
Air Quality NOx (excluding N2O) emissions 0 Planet / Land

  • Environmental Incidents
IF-EU-120a.1
SOx emissions 0
Particulate matter (PM10) emissions 0
Lead (Pb) emissions 0
Mercury (Hg) emissions 0
Water Management Total water withdrawn 6,161 m3 Planet / Water

  • Water Use
IF-EU-140a.1
Total water consumed 6,161 m3 Planet / Water

  • Water Use
Percentage of each in regions with High or Extremely High Baseline Water Stress 32% in High or Extremely High Water Risk Area n/a
Number of incidents of non-compliance associated with water quantity and/or quality permits, standards, and regulations 0 Planet / Water IF-EU-140a.2
Description of water management risks and discussion of strategies and practices to mitigate those risks Consumptive use of water at Innergex facilities and offices is very limited, primarily to domestic uses for personnel only. Our sole business activity, renewable electricity generation, does not require consumptive use of water. As such, water management is not a key sustainable development metric for our facilities. Wind and solar generation facilities do not use water. Hydro projects use water to drive water turbines but usage is entirely temporary and non-consumptive; all water is returned to the same source watercourse (typically a river or stream). IF-EU-140a.3
Workforce Health & Safety Total recordable incident rate (TRIR) 2.41 People / Employees

  • Health & Safety
IF-EU-320a.1
Fatality rate 0 People / Employees

  • Health & Safety
Near miss frequency rate (NMFR) We track and investigate near-misses but do not have all the data to calculate our rate. n/a
Grid Resiliency Number of incidents of non-compliance with physical and/or cybersecurity standards or regulations Innergex Renewable Energy Inc. is not a North American Electric Reliability Corporation (NERC) registered entity and therefore is not subject to its cyber and physical security standards. Innergex Renewable Energy Inc. does however own and operate a number of NERC registered renewable energy generation facilities which hold NERC registered Generator Operator and/or Generator Owner status and are therefore required to comply with NERC mandatory reliability standards.  Innergex Renewable Energy Inc. has an internal reliability compliance team and manages its reliability compliance in-house. All Innergex owned and operated NERC registered entities to which NERC cyber and physical security requirements apply are low-impact and during 2020 have had no self-reported or audit identified physical or cyber security related non-compliances. IF-EU-550a.1

Activity metrics

Metric Performance Reference Code
Total electricity delivered to: (1) residential, (2) commercial, (3) industrial, (4) all other retail customers, and (5) wholesale customers (1) 29,800 MWh
(2) 99,350 MWh
(3) 106,665 MWh
(4) 0
(5) 9,355,000 MWh
Prosperity / Operating Assets IF-EU-000.B
Length of transmission and distribution lines 500 km n/a IF-EU-000.C
Total electricity generated, percentage by major energy source, percentage in regulated markets Hydro 3,372,315 MWh / 35.2%
Wind 5,413,583 MWh / 56.4%
Solar 804,241 MWh / 8.4%
Prosperity / Operating Assets IF-EU-000.D
Total wholesale electricity purchased 0 MWh Calculated by subtracting utility-owned generation from total delivered power. IF-EU-000.E

Solar Technology & Project Developers Standard

Topic Accounting Metric 2020 Performance Reference Code
Ecological Impacts of Project Development Number and duration of project delays related to ecological impacts 0 RR-ST-160a.1
Description of efforts in solar energy system project development to address community and ecological impacts Innergex uses an integrated approach to address community and ecological impacts when considering development of any solar energy system project. The company has both an in-house environmental team and a community relations team, both which report to a VP and subsequently to Innergex’s CEO. Throughout the company’s 30-year history, Innergex has learned that successful projects require reaching a balance between, at a minimum, human, environmental, financial, and engineering objectives. The long duration of project operation (decades) necessitates integration with the surrounding environment and every project’s neighbours. During project planning, environmental studies and community outreach are used to learn of local values and priorities, listen to concerns and interests of local communities and stakeholders, and identify ecological baselines and constraints that are, in turn, used to help shape the design and implementation of the project (e.g., project layout, timing of construction works, reclamation plan). Innergex uses an array of outreach strategies to seek input/inform the community of the project’s progress and upcoming steps: maintaining a project website and email; distributing information (including contact details) via newspaper, radio and handouts; meeting with community members one-on-one or in small groups, attending scheduled community association meetings and hosting public open houses/information sessions.  Comprehensive assessments and documentation (e.g., an Environmental Impact Assessment, a Social Impact Assessment) are submitted to government regulatory agencies (municipal/country, province/state, federal) to obtain permits and approvals. During construction, environmental mitigation is implemented as required in these approvals and permits, as well as to meet Innergex’s expectations for clean sites and to ease construction progress. Communities/landowners are advised throughout construction on what to expect and concerns are addressed by our community relations staff. We frequently employ – or mandate that construction contractors employ – emerging technologies to minimize environmental and/or community effects of solar project development (e.g., waste management, construction techniques to minimize noise/nuisance, vegetation buffers). The Operations phase of every solar project commonly requires monitoring of environmental impacts that were predicted during the permitting phase. Landowner and community liaison continues throughout the multi-decade operations phase to the extent requested and depending on local concerns. RR-ST-160a.2
Management of Energy Infrastructure Integration & Related Regulations Description of risks associated with integration of solar energy into existing energy infrastructure and discussion of efforts to manage those risks See reference. 2020 Sustainability Report pg. 4-5, 18-20, 26, 33. RR-ST-410a.1
Description of risks and opportunities
associated with energy policy and its impact on the integration of solar energy into existing energy infrastructure
See reference. 2020 Sustainability Report pg. 4-5, 18-20, 26, 33. RR-ST-410a.2

Wind Technology & Project Developers Standard

Topic Accounting Metric 2020 Performance Reference Code
Workforce Health & Safety (1) Total recordable incident rate (TRIR) 2.41 People / Employees

  • Health & Safety
RR-WT-320a.1
Fatality rate for (a) direct employees and (b) contract employees (a) 0
(b) 0