HOW CAN ACHIEVING NET ZERO IMPROVE YOUR BOTTOM LINE?

Transcription

1 HOW CAN ACHIEVING NET ZERO IMPROVE YOUR BOTTOM LINE? WEBINAR NOVEMBER WGL Holdings, Inc. All Rights Reserved

2 MODERATOR DUANE BAILEY Duane manages the marketing initiatives and content management strategies that support WGL Energy s growth objectives and leadership position in the marketplace. Manager, Marketing WGL Energy Duane holds an MBA in International Business from The George Washington University School of Business and a Bachelor of Science Degree in Marketing from Fairfield University. 2

3 WGL Energy is a leader in efficient and environmentally friendly solutions to public and private sector customers across the U.S., provided by: WGL Energy Services and WGL Energy Systems. 3

4 AGENDA INTRODUCTION SUSTAINABILITY REPORTING WHAT IS NET ZERO EMISSIONS? HOW DO I GET TO NET ZERO? 05 Q+A 4

5 KEY TAKEAWAYS AFTER THIS WEBINAR YOU LL HAVE KNOWLEDGE of the benefits of sustainability reporting ACTIONABLE STEPS for goal setting related to operating at Net Zero emissions VARIOUS ENERGY SOLUTIONS to achieve net zero emissions 5

6 SPEAKER ALICIA LAROCHE Manager, Green Products WGL Energy Alicia oversees existing Green Products including wind, solar, energy management, carbon reduction and energy efficiency, develops innovative energy-related products, and initiates partnerships. A LEED Green Associate, she holds a Bachelor s Degree in Mathematics from the University of Virginia and a Master s Degree in Integrated Science and Technology from James Madison University.. 6

7 SPEAKER RICH WALSH Program Lead, Clean Energy Solutions WGL Energy Rich was selected as a member of the World Energy Council s Global Future Energy Leaders 100 Programme, is on the board of Young Professionals in Energy NYC Chapter, and is a member of the steering committee for the American Council on Renewable Energy s Partnership for Renewable Energy Finance (ACORE PREF). He is also active with the Solar Energy Industries Association (SEIA) serving on the SEIA project finance and real estate subcommittees. Rich is a graduate of Samford University. 7

8 02 WHAT IS INVOLVED IN SUSTAINABILITY REPORTING? 8

9 WHAT IS SUSTAINABILITY REPORTING? 9

10 TRENDS S&P 500 COMPANIES SUSTAINABILITY REPORTING REPORTERS NON-REPORTERS 47% 28% 25% 19% 80% 53% 72% 75% 81% 20% Governance & Accountability Institute Research Results 10

11 LEADING COMPANIES 11

12 WHY SUSTAINABILITY REPORTING? EFFICIENCY AND COST SAVINGS GET AHEAD OF COMPLIANCE IMPROVED COMPETITIVE POSITION IMPROVED STAKEHOLDER RELATIONS INCREASED PROFITABILITY AND CUSTOMER LOYALTY DRIVES INNOVATION GREATER EMPLOYEE LOYALTY 12

13 WHAT IS THE PROCESS? PREPARE. CONNECT DEFINE MONITOR REPORT SET GOALS 14

14 GLOBAL REPORTING INITIATIVE International independent organization Helps business, government, organizations understand and communicate the impact of business on critical sustainability issues GRI s Sustainability Reporting Standards are the most widely used in the world 14

15 WGL 2020 SUSTAINABILITY GOALS 74% 12% Complete On Track WGL is on track to achieve an 18% reduction in emissions for every unit of natural gas delivered by % reduction in GHG emissions from WGL fleet and facilities 18% reduction in GHG emissions for every therm of gas delivered 16

16 03 WHAT IS NET ZERO EMISSIONS?

17 SUSTAINABILITY REPORTING 17

18 NET ZERO EMISSIONS NET ZERO GREENHOUSE GAS (GHG) EMISSIONS ACHIEVED BY EITHER: ELIMINATING NET GHG EMISSIONS OR MINIMIZING GHG EMISSIONS AS MUCH AS POSSIBLE, and using carbon offsets or other measures to mitigate the remaining emissions 18

19 NET ZERO GOAL 19

20 04 HOW DO I GET TO NET ZERO?

21 SCOPE EMISSIONS Scope 1 - Direct Scope 2 - Indirect Scope 3 - Indirect Fuel combustion at company facilities Company vehicles Purchased electricity for own use Purchased goods and services Employee commuting Business travel Waste from operations Transportation and distribution 21

22 Energy Solutions Scope 1 - Direct Scope 2 - Indirect Scope 3 - Indirect Fuel combustion at company facilities Company vehicles Purchased electricity for own use Purchased goods and services Employee commuting Business travel Waste from operations Transportation and distribution Shortterm Carbon Offsets Efficient fleet vehicles RECs, Off-site Renewables Carbon Offsets Longterm On-site Renewables Energy Efficiency CHP, Fuel Cells On-site Renewables Energy Efficiency CHP, Fuel Cells Carbon Offsets 22

23 EVOLVING TO NET ZERO MEASURE Energy Management Platform (EMP) Benchmarking Energy Star Portfolio Manager USE RENEWABLE ENERGY Onsite Off-site Renewable Energy Certificates (RECs) REDUCE Energy Efficiency Demand Reduction REPORT Global Reporting Initiative OFFSET UNAVOIDABLE EMISSIONS Carbon Offsets 23

24 GHG Emissions (MTC02e) EVOLVING TO NET ZERO 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 Reduce - EE Offsite Renewables Onsite Renewables RECs Carbon Offset Emissions - 24

25 PATH TO NET ZERO CUSTOMER STORY GENERAL SERVICES ADMINISTRATION (GSA) Wind WGL Energy added Wind Power to GSA electric supply, sourced from regional wind farms. Solar WGL Energy will own, install and operate multiple solar facilities for GSA with capacity of 2.8 MW. CHP WGL Energy was prime contractor for design-build project at GSA Heating Operation and Transmission District, which includes a co-generation system. An example of our ability to deliver energy solutions helped a large customer reach their 2020 GHG reduction goals and forge a path to net zero. 25

26 100% RENEWABLE ENERGY GOALS COMMITTED TO 100% RENEWABLE ENERGY 26

27 RANGE OF OFFSITE RENEWABLE STRUCTURES Community Solar Virtual Net Metering SOLAR ELECTRIC SUPPLY SOLUTION Virtual PPA 27 27

28 MOM S ORGANIC MARKET SOLAR SOLUTION SOLUTION HIGHLIGHTS 1.5 MW Solar System 2.1 million kwh / year output 20 year Solar PPA with short-term retail electricity supply agreement 1,493 metric tons of avoided GHG emissions from clean solar equivalent to avoiding CO2 emissions from burning 1.6 million pounds of coal This project adds new renewable energy capacity as opposed to harnessing renewables already on the power grid. MOM s CHALLENGE: Finding new yet affordable ways to diversify its renewable energy portfolio. Retailers lack of roof and land space makes it challenging to meet all energy needs with onsite renewables. 28

29 TO LEARN MORE CONTACT RICH WALSH P: M: richard.walsh.com Program Lead, Clean Energy Solutions WGL Energy 31

30 WE ARE ENERGY ANSWERS. ASK US WGL Holdings, Inc. All Rights Reserved 32