Bluesource Environmental, Social and Governance Goals. October 2017 Update

Transcription

1 Bluesurce Envirnmental, Scial and Gvernance Gals Octber 2017 Update

2 01 ES&G Basics

3 Bluesurce s Envirnmental, Scial & Gvernance Play Bluesurce believes that a psitive impact n ur ecnmy, ur culture and ur envirnment is central t sustaining a lng-term cmpetitive advantage and a stable marketplace. Since the funding f Bluesurce, psitive envirnmental, scial and gvernance (ES&G) emphasis has been engrained in the nature f ur rganizatin and its utcmes. While there have been a number f evlving appraches t cnstructing and managing ES&G bjectives and utcmes, the UN s Sustainable Develpment Gals (SDGs) methd has been adpted by Bluesurce as a universally-accepted and cmmn set f identifiable and measurable practices.

4 Overview f the UN s Sustainable Develpment Gals The United Natin s SDGs are a set f 17 ambitius gals targeting 169 utcmes in the realms f sustainable develpment, better envirnmental utcmes and healthier cmmunities. The SDGs serve as a framewrk fr measuring impact in envirnmental, scial and gvernance (ES&G)-fcused business strategies. Establishing a cmmn apprach, and understanding hw t measure prgress twards meeting the gals, is key t unlcking cre ecnmic and ES&G value fr the purpse f psitive change.

5 Overview f the UN s Sustainable Develpment Gals 17 Gals & Measurable Outcmes

6 02 Bluesurce ES&G

7 Grwing Renewables, Mitigating Climate Change and Expanding Sustainable Frestry Management Bluesurce Sustainable Develpment Gals 3 Gals 7 Measurable Outcmes

8 Ensure Access t Affrdable, Reliable, Sustainable and Mdern Energy fr All FACTS AND FIGURES Sustainable energy is pprtunity it transfrms lives, ecnmics and the planet. Reducing the carbn intensity f energy is a key bjective in lng-term climate gals. BLUESOURCE GOALS Pwer cntracted n NGO rfs (KW) ,500 UNITED NATIONS GOALS By 2030, ensure universal access t affrdable, reliable and mdern energy services. By 2030, increase substantially the share f renewable energy in the glbal energy mix. Renewable natural gas cntracted t cmpressed natural gas (Prjects) 8

9 Take Urgent Actin t Cmbat Climate Change and its Impact FACTS AND FIGURES Glbal emissins f carbn dixide (CO 2 ) have increased by almst 50 percent since It is still pssible, using a wide array f technlgical measures and changes in behavir, t limit the increase in glbal mean temperature t tw degrees Celsius abve pre-industrial levels. BLUESOURCE GOALS Prjected Emissins Reductins Over Life f Mitigatin Prtfli (tco2e) ,000,000 UNITED NATIONS GOALS Integrate climate change measures int public and private plicies, strategies and planning. Imprve human and institutinal capacity n climate change mitigatin, adaptatin, impact reductin and early warning.

10 Sustainably Manage Frests, Halt and Reverse Land Degradatin, Halt Bidiversity Lss FACTS AND FIGURES Frests are hme t mre than 80 percent f all terrestrial species f animals, plants and insects. 2.6 billin peple depend directly n agriculture, but 52 percent f the land used fr agriculture is mderately r severely affected by sil degradatin. UNITED NATIONS GOALS By 2020, prmte the implementatin f sustainable management f all types f frests, halt defrestatin, restre degraded frests and substantially increase affrestatin and refrestatin glbally. BLUESOURCE GOALS Frest-Based Emissins Reductins T Date (tco2e) Prjected Emissins Reductins Over Life f Frest Prtfli (tco2e) Frested Acres Cntracted T Sustainable Management (Acres) ,000,000 45,000, ,000

11 02 ES&G 5-Year Gals

12 Bluesurce 2020 SDG Emphasis 10 Gals & Measurable Outcmes

13 03 ES&G Reprting

14 Bluesurce s SDG Reprting Data Gathering fr SDGs Mnitring and Measurement Accunting and custmer management systems are the key quantitative surces f rganized data fr SDGs perfrmance review Interviews with custmers, clients and emplyees are the key qualitative surces f data fr SDGs perfrmance review Reprting f Bluesurce SDGs Results Quarterly, Bluesurce reprts the prgress n its SDGs perfrmance metrics t its bard f directrs and investrs Annually Bluesurce reprts the prgress n its SDGs perfrmance metrics n its website as public disclsure Annually Bluesurce reprts n the prgress f its 2020 SDGs bjectives

15 04 Bluesurce Affiliate s ES&G Perfrmance

16 Bluesurce Affiliate: The Paradigm Prject The Paradigm Prject, a standalne cmpany started in 2008, was initially develped t address pverty abatement in Africa. Later, it became a slar energy and water purificatin prvider emphasizing custmer credit supprt. The Paradigm s ES&G Influence and Gals (SDGs)

17 Bluesurce Affiliate: Tabula Rasa Partners Tabula Rasa Partners (TRP), a standalne cmpany started in 2010, is a West Texas-based enhanced il recvery cmpany utilizing carbn dixide injectin t recver il reserves. Where available, TRP purchases ventstack surced CO 2 fr injectin eventually gelgically sequestering the greenhuse gas in bedrck. Tabula Rasa Partner s ES&G Influence and Gals (SDGs)

18 05 Bluesurce Gvernance

19 Bluesurce s Gvernance in ES&G Cde f Cnduct & Business Principles Bluesurce s business mdel f identifying and develping very large mitigatin psitins n jintly-beneficial terms encurages industry participatin and accelerates psitive ES&G utcmes n an industrywide scale Value in Bluesurce is driven by emphasizing lng-term and large-scale envirnmental benefits Envirnmental and change leadership is a cre element in decisin making t pursue new markets and mdels (i.e., mitigatin categries like carbn capture and sequestratin, frestry, pverty abatement, scaling slar energy fr nn-gvernmental rganizatins)

20 Bluesurce s Gvernance in ES&G (Cntinued) Transparency & Disclsure Bluesurce has in-place crprate plicies, reviewed annually by management and the bard f directrs that reinfrce gd gvernance practices Remuneratins t senir management are well within natinal and sectrial averages and are reviewed by the bard f directrs annually Near- and lng-term ES&G perfrmance is reviewed by the bard f directrs quarterly and annually