From our CEO
Electricity plays a central role in our society, supporting everything from the digital economy to the industrial heartland. It profoundly impacts billions of lives, and that is what drives our vision to create a sustainable energy future. We are committed to safely providing reliable, affordable and cleaner power, while creating value for our stakeholders.
“At NRG, sustainability is a philosophy that underpins and encourages value creation across all of our businesses and for all of our stakeholders.”
Sustainability is at the heart of NRG's mission because sustainable business is smart business. Our integrated approach goes well beyond just reducing carbon emissions. At NRG, sustainability is a philosophy that underpins and encourages value creation across all of our businesses and for all of our stakeholders. To that end, we're introducing today an inclusive five-pillar strategy that is designed to enhance every area of our business.
During 2016, we made significant progress toward achieving our vision. We decreased our CO2e emissions by 23 percent from 2015 and converted three plants from burning coal to natural gas. We brought online the largest carbon capture project in the world at an existing power plant and expanded our renewables business. We introduced initiatives to better attract and retain talent by creating a more sustainable work environment. With this report, we become the first company in the U.S. power sector to report to our stakeholders using the Sustainability Accounting Standards Board (SASB) standards. Finally, we continued to strengthen and adapt our business so it can generate sustained value.
A future of abundant, reliable, cleaner and affordable energy will continue to power U.S. innovation for years to come. As the energy industry continues to evolve, we aim to remain at the forefront and I look forward to progressing on this journey together.
Chief Executive Officer