CenterPoint Energy Sustainability
CenterPoint Energy is committed to providing investors and other stakeholders with information about the company’s transition from coal generation and the impacts of operations and programs on the communities we serve, as well as our governance framework. Our corporate sustainability reporting discusses our business, operations and growth strategies and how we engage with our stakeholders, approach environmental stewardship, support our communities and provide a safe, inclusive workplace.
David J. Lesar
Chief Executive Officer
Jason P. Wells
President & Chief Operating Officer
LEADERSHIP MESSAGE
Dear Stakeholders,
At CenterPoint Energy, our efforts to providing cleaner, safer and more reliable energy to the communities we serve are foundational to our premium value proposition. Two of the three pillars of our value proposition directly underpin these efforts, providing sustainable, resilient and affordable customer service and supporting a sustainable positive impact on our environment and communities, and directly contribute to our third pillar – sustainable growth for shareholders.
Featured Post
ABOUT THIS REPORT
CenterPoint Energy is pleased to provide investors and other stakeholders with transparent information about its corporate sustainability efforts, while also highlighting relevant data and examples. This website demonstrates our progress on issues that are integral to our long-term performance.
Recent News Posts
- CenterPoint Energy proposes innovations to advance a cleaner energy future in Minnesota
- CenterPoint Energy continues shift from coal-fired generation; renewables complemented with natural gas-fired generation forge ahead as generation portfolio
- CenterPoint Energy celebrates Earth Day with service and sustainability projects
Net Zero by 2035 Goals
Actionable, Measurable, Transparent
CenterPoint Energy is the first combined electric and natural gas utility with generation to announce its Net Zero goals for its Scope 1 and certain Scope 2 greenhouse gas emissions by 2035, nearly 15 years ahead of certain of our peers’ average goals. In addition to our Net Zero goals, we have set a Scope 3 emission reduction goal across our entire multi-state footprint. Specifically, CenterPoint Energy aims to help our residential and commercial customers reduce greenhouse gas emissions attributable to their end use of natural gas by 20-30% by 2035 from a 2021 baseline.
Net Zero Disclaimer: CenterPoint Energy’s Scope 1 emissions estimates are calculated from emissions that directly come from its operations. CenterPoint Energy’s Scope 2 emissions estimates are calculated from emissions that indirectly come from its energy usage, but because Texas is in an unregulated market, its Scope 2 estimates do not take into account Texas electric transmission and distribution assets in the line loss calculation and exclude emissions related to purchased power between 2024E-2026E. CenterPoint Energy’s Scope 3 emissions estimates are based on the total natural gas supply delivered to residential and commercial customers as reported in the U.S. Energy Information Administration (EIA) Form EIA-176 reports and do not take into account the emissions of transport customers and emissions related to upstream extraction. While CenterPoint Energy believes that it has a clear path towards achieving its Net Zero emissions (Scope 1 and certain Scope 2) by 2035 goals, its analysis and path forward required it to make a number of assumptions. These goals and underlying assumptions involve risks and uncertainties and are not guarantees. Should one or more of our underlying assumptions prove incorrect, CenterPoint Energy’s actual results and ability to achieve Net Zero emissions by 2035 could differ materially from its expectations. Certain of the assumptions that could impact our ability to meet its Net Zero emissions goals include, but are not limited to: emission levels, service territory size and capacity needs remaining in line with company expectations (inclusive of changes related to the sale of CenterPoint’s Natural Gas businesses in Arkansas and Oklahoma); regulatory approval of Indiana Electric’s generation transition plan; impacts of future environmental regulations or legislation; impacts of future carbon pricing regulation or legislation, including a future carbon tax; price, availability and regulation of carbon offsets; price of fuel, such as natural gas; cost of energy generation technologies, such as wind and solar, natural gas and storage solutions; adoption of alternative energy by the public, including adoption of electric vehicles; rate of technology innovation with regards to alternative energy resources; CenterPoint Energy’s ability to implement its modernization plans for its pipelines and facilities; the ability to complete and implement generation alternatives to Indiana Electric’s coal generation and retirement dates of Indiana Electric’s coal facilities by 2035; the ability to construct and/or permit new natural gas pipelines; the ability to procure resources needed to build at a reasonable cost, the lack of or scarcity of resources and labor, the lack of any project cancellations, construction delays or overruns and the ability to appropriately estimate costs of new generation; impact of any supply chain disruptions; changes in applicable standards or methodologies; and enhancement of energy efficiencies. Please also review the section entitled “CenterPoint Energy Cautionary Statement” included on this website.