NRG Energy Provides Progress on Net-Zero Goal in 2019 Sustainability Report

May 7, 2020 1:30 PM ET
Press Release

PRINCETON, N.J., May 7, 2020 /3BL Media/ - NRG Energy Inc. (NYSE:NRG) today released its 2019 Sustainability Report, providing an update on the Company’s comprehensive sustainability strategy. NRG demonstrated advancement across all of its previously announced sustainability initiatives, including a 41% reduction in carbon emissions, marking significant progress towards its newly accelerated, science-based target of reducing emissions 50% by 2025, and net-zero by 2050, from a 2014 baseline.

Other notable accomplishments included in the report:

  • Achieving best safety year on record
  • More than 11,000 employee volunteer hours, and $3.2 million in charitable contributions
  • Procuring more than 1.6 GW of solar to meet our customer’s needs

“Over the past decade, NRG has grown and evolved into the stronger, more resilient organization it is today.” said Mauricio Gutierrez, President and CEO, NRG Energy. “I believe that our comprehensive sustainability framework is the foundation for our continued success, today and into the future.”

This report utilizes best available standards and frameworks, including the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosure (TCFD), continuing the organization’s commitment to transparent reporting practices.

Read the full report at: nrg.com/sustainability

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are subject to certain risks, uncertainties and assumptions and typically can be identified by the use of words such as “expect,” “estimate,” “should,” “anticipate,” “forecast,” “plan,” “guidance,” “outlook,” “believe” and similar terms. Although NRG believes that the expectations are reasonable, it can give no assurance that these expectations will prove to be correct, and actual results may vary materially.

NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The foregoing review of factors that could cause NRG’s actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG’s future results included in NRG’s filings with the SEC at www.sec.gov.

About NRG

At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to more than 3.7 million residential, small business, and commercial and industrial customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, and by working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy, @nrginsight.

Candice Adams
Corporate Communications, NRG Energy
+1 (609) 524-5428