<IR>
International Integrated Reporting Framework
GRI
Global Reporting Initiative Standards for Sustainability Reporting
SASB
Sustainability Accounting Standards Board - Infrastructure Sector – Electric Utilities & Power Generators
TCFD
Task Force on Climate-related Financial Disclosures
UNGP-BHR
United Nations’ Guiding Principles on Business and Human Rights
UN SDG
United Nations Sustainable Development Goals
Statement of Use
First Gen Corporation has reported the information cited in this GRI content index for the period from 1 January to 31 December 2022 with reference to the GRI Standards.
GRI Used
GRI 1: Foundation 2021
| MATERIAL TOPICS | <IR> | GRI | SASB | TCFD | UNGP-BHR | UN SDG |
Page |
|---|---|---|---|---|---|---|---|
| ENVIRONMENT | |||||||
| Climate Change | Natural | - | IF-EU-110a.1 | Governance Strategy Risk Management Metrics and Targets |
- | SDG 7 SDG 13 |
Managing Material Risks and Opportunities First Gen’s Value Created in Support of the Sustainable Development Goals |
| Biodiversity/Nature’s Integrity | Natural | 304-1: Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas 304-3: Habitats protected or restored 304-4: Total number of IUCN Red List species and national conservation list species with habitats in areas affected by operations, by level of extinction risk |
- | - | - | SDG 14 SDG 15 |
First Gen’s Value Created in Support of the Sustainable Development Goals |
| Water Use & Management | Natural | 303-1: Interactions with water as a shared resource 303-2: Management of water discharge-related impacts 303-3: Water withdrawal 303-4: Water discharge 303-5: Water consumption |
IF-EU-140a.1 IF-EU-140a.2 IF-EU-140a.3 |
- | SDG 6 |
First Gen’s Value Created in Support of the Sustainable Development Goals |
|
| Waste Management & Circularity | Natural | 306-1: Waste generation and significant waste-related impacts 306-2: Management of significant waste-related impacts 306-3: Waste generated 306-4: Waste diverted from disposal 306-5: Waste directed to disposal |
- | - | SDG 12 |
|
|
| Environmental Policy & Management Systems | Natural | 2-27: Compliance with laws and regulations | - | Strategy | - | SDG 7 SDG 14 SDG 15 |
|
| Greenhouse Gas Emissions | Natural | 305-1: Direct greenhouse gas (GHG) emissions (Scope 1) 305-2: Energy indirect greenhouse gas (GHG) emissions (Scope 2) 305-3: Other indirect greenhouse gas (GHG) emissions (Scope 3) 305-4: Greenhouse gas (GHG) emissions intensity |
IF-EU-110a.1 IF-EU-120a.1 |
Metrics and Targets | - | SDG 7 SDG 13 |
|
| Pollution Reduction | Natural | 303-2: Management of water discharge-related impacts 305-7: NOx, SOx, and other significant air emissions |
IF-EU-120a.1 | - | - | SDG 7 SDG 12 SDG 13 |
First Gen’s Value Created in Support of the Sustainable Development Goals |
| Conservation of the Natural World/ Resource Efficiency | Natural | 301-1: Renewable and non-renewable materials used by weight or volume | - | - | - | SDG 14 SDG 15 |
Our Value Creation Diagram |
| Climate Risk & Strategy | Natural Risks & Opportunities | 2-22: Statement on sustainable development strategy 201-2: Financial implications and other risks and opportunities due to climate change |
IF-EU-110a.3 Risk Management | Strategy | - | SDG 13 | |
| Opportunities in Renewable Energy | Natural Manufactured |
EU1: Installed capacity EU10: Planned capacity |
F-EU-000.D | Risk Management Strategy |
- | SDG 7 |
Manufactured Capital Performance |
| Energy Efficiency | Natural | 302-1: Energy consumption within the organization 302-4: Reduction of energy consumption EU11: Average generation efficiency |
- | - | - | SDG 7 | |
| SOCIAL | |||||||
| Health and Safety (Employees & Communities) |
Human Social & Relationship |
403-1: Occupational health and safety management system 403-3: Occupational health services 403-4: Worker participation, consultation, and communication on occupational health and safety 403-5: Worker training on occupational health and safety 403-6: Promotion of worker health 403-9: Work-related injuries 403-10: Work-related ill health 413-1: Percentage of operations with implemented local community engagement, impact assessments, and development programs 413-2: Operations with significant actual and potential negative impacts on local communities EU16: Policies and requirements regarding health and safety |
IF-EU-320a.1 | - | SDG 3 SDG 6 |
Managing Material Risks and Opportunities Social and Relationship Capital Performance Intellectual Capital Performance First Gen’s Value Created in Support of the Sustainable Development Goals |
|
| Gender Equality & Diversity |
Human | 2-7: Employees 405-1: Composition of governance bodies and breakdown of employees per employee category according to gender, age group, minority group membership, and other indicators of diversity 406-1: Total number of incidents of discrimination and corrective actions taken |
- | - | Non- discrimination Human Rights Grievance Mechanism |
SDG 5 SDG 10 |
First Gen’s Value Created in Support of the Sustainable Development Goals |
| Human Rights Due Diligence |
Human | 2-23: Policy commitment 406-1: Total number of incidents of discrimination and corrective actions taken |
- | - | Human Rights Assessment |
SDG 5 SDG 10 |
First Gen’s Value Created in Support of the Sustainable Development Goals |
| Human Development | Human | 401-1: Total number and rates of new employee hires and employee turnover by age group, gender, and region 401-2: Benefits provided to full-time employees that are not provided to temporary or part-time employees, by significant locations of operation 404-1: Average hours of training per year, per employee, by gender, and by employee category 404-2: Programs for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings 404-3: Percentage of employees receiving regular performance and career development reviews EU15: Percentage of employees eligible to retire in the next 5 and 10 years |
- | - | Human Rights Training |
SDG 5 SDG 8 |
First Gen’s Value Created in Support of the Sustainable Development Goals |
| Community Relations | Social & Relationship |
203-1: Development and impact of infrastructure investments and services supported 411-1: Total number of incidents of violations involving rights of indigenous peoples and actions taken 413-1: Percentage of operations with implemented local community engagement, impact assessments, and development programs |
- | - | Non- discrimination Human Rights Grievance Mechanism Rights of Indigenous People |
SDG 1 SDG 2 SDG 3 SDG 4 SDG 5 SDG 6 SDG 7 SDG 10 SDG 11 SDG 17 |
Social and Relationship Capital Performance First Gen’s Value Created in Support of the Sustainable Development Goals |
| Supplier Programme | Social & Relationship | 204-1: Proportion of spending on local suppliers at significant locations of operation 308-1: Percentage of new suppliers that were screened using environmental criteria 403-1: Occupational health and safety management system 403-3: Occupational health services 403-4: Worker participation, consultation, and communication on occupational health and safety 403-5: Worker training on occupational health and safety 403-6: Promotion of worker health 403-9: Work-related injuries 403-10: Work-related ill health 414-1: New suppliers that were screened using social criteria |
- | - | Labor Practices and Decent Work Forced or Compulsory Labor Child Labor Human Rights Grievance Mechanism |
SDG 8 |
Social and Relationship Capital Performance First Gen’s Value Created in Support of the Sustainable Development Goals |
| Covid-19 Mitigation for Employees | Human | 403-3: Occupational health services 403-6: Promotion of worker health |
- | - | - | SDG 3 |
Managing Material Risks and Opportunities Manufactured Capital Performance First Gen’s Value Created in Support of the Sustainable Development Goals |
| Covid-19 Mitigation for Partner Communities | Social & Relationship |
203-1: Development and impact of infrastructure investments and services supported 203-2: Significant indirect economic impacts, including the extent of impacts 413-1: Percentage of operations with implemented local community engagement, impact assessments, and development programs |
- | - | - | SDG 3 |
Managing Material Risks and Opportunities Manufactured Capital Performance Social and Relationship Capital Performance First Gen’s Value Created in Support of the Sustainable Development Goals |
| Employee Satisfaction | Human | - | - | - | - | ||
| Anti-corruption/ Bribery Governance | Human | 205-1: Total number and percentage of operations assessed or risks related to corruption and the significant risks identified 2-23: Policy commitments |
- | - | - | SDG 16 |
First Gen’s Value Created in Support of the Sustainable Development Goals |
| Cybersecurity | Intellectual | IF-EU-550a.1 | - | - | - |
Managing Material Risks and Opportunities Intellectual Capital Performance |
|
| Stakeholder Engagement | Social & Relationship |
2-29: Approach to stakeholder engagement | - | - | Rights of Indigenous People Non- discrimination Human Rights Grievance Mechanism |
SDG 17 |
Our Material Topics, Standards, and References |
| Social License to Operate | Social & Relationship |
2-6: Activities, value chain, and other business relationships 2-27: Compliance with laws and regulations |
- | - | Rights of Indigenous People |
||
| Power Supply Availability | Manufactured | EU30: Average plant availability | - | - | - | SDG 7 | Manufactured Capital Performance |
| Access & Affordability | Manufactured | 2-6: Activities, value chain, and other business relationships EU3: Number of customer accounts |
IF-EU-000.A | - | - |
Social and Relationship Capital Performance |
|
| Investor Relations | Financial | - | - | - | - | SDG 17 | Financial Capital Performance |
| GOVERNANCE | |||||||
| Board & Governance Structure |
Governance | 2-9: Governance structure and composition 2-10: Nomination and selection of the highest governance body 2-11: Chair of the highest governance body 2-12: Role of the highest governance body in overseeing the management of impacts 2-13: Delegation of responsibility for managing impacts 2-14: Role of the highest governance body in sustainability reporting 2-16: Communication of critical concerns 2-17: Collective knowledge of the highest governance body 2-20: Process to determine remuneration 2-27: Compliance with laws and regulations |
- | Governance Risk Management Strategy |
Non- discrimination |
||
| Governance Policies & Programs/ Corporate Behavior | Governance Strategy & Resource Allocation Human |
2-22: Statement on sustainable development strategy 2-23: Policy commitment 2-27: Compliance with laws and regulations |
- | Governance | - |
|
|
| Economic Performance | Financial | 201-1: Direct economic value generated and distributed | - | - | - | ||
| Business Model Resilience | Business Model Strategy & Resource Allocation |
2-22: Statement on sustainable development strategy | - | Strategy | - | SDG 7 | Strategic Positioning |
|
Systemic Risk |
Risks & Opportunities |
2-12: Role of the highest governance body in overseeing the management of impacts 2-22: Statement on sustainable development strategy |
- | Risk Management | - | ||
| Innovation & Digital Transformation |
Intellectual | - | - | - | - | SDG 9 SDG 13 |
Intellectual Capital Performance |
SASB Content Index
The Content Index is referenced on the Sustainability Accounting Standards Board (SASB) Standards, Disclosures for the Infrastructure Sector - Electric Utilities & Power Generators, published in October 2018, which contains topics that are material to First Gen’s business value creation process. This table contains First Gen’s ESG data that is aligned with this standard.
| SASB Code | Accounting Metric | Response | |
|---|---|---|---|
| Greenhouse Gas Emissions & Energy Resource Planning | |||
| IF-EU-110a.1 | (1) Gross global scope 1 emissions (million metric tons) | 6.7 | |
| (2) Percentage covered under emissions-limiting regulations | Not Applicable | ||
| (3) Percentage covered under emissions-reporting regulations | Not Applicable | ||
| IF-EU-110a.3 | Description of long-term and short-term strategy or plan to manage scope 1 emissions, emission-reduction targets, and an analysis of performance v. those targets | Refer to the sections Strategic Positioning and Progress on our Mission. | |
| IF-EU-110a.4 | (1) Number of customers served in markets subject to renewable portfolio standards (RPS) | 15 | |
| (2) Percentage fulfillment of RPS target by market | 100% | ||
| Air Quality | |||
| IF-EU-120a.1 | Air Emissions | Air emissions (metric tons) | Percentage from facilities within urbanized areas |
| (1) NOx (excluding N2O) | 3,642.3 | 100% | |
| (2) SOx | 355.3 | 100% | |
| (3) Particulate matter (PM10) | 147.1 | 100% | |
| (4) Lead (Pb) | 0 | 0% | |
| (5) Mercury (Hg) | 0 | 0% | |
| Water Management | |||
| Total | Percentage with high or extremely high baseline water stress | ||
| IF-EU-140a.1 | (1) Total water withdrawn (thousands of cubic meters) | 2,831,657.93 | 0% |
| (2) Total water consumed (thousands of cubic meters) | 2,568.46 | 0% | |
| IF-EU-140a.2 | Number of incidents of non-compliance associated with water quantity and/or quality permits, standards, and regulations | None | 0% |
| IF-EU-140a.3 | Description of water management risks and discussion of strategies and practices to mitigate those risks | Refer to the Natural Capital section | 0% |
| Coal Ash Management | |||
| IF-EU-150a.1 | Amount of coal combustion residuals generated (metric tons) | Not Applicable | |
| Percentage recycled (metric tons) | Not Applicable | ||
| Energy Affordability | |||
| F-EU-240a.1 | Average retail electric rate for (1) residential | Not Applicable | |
| (2) commercial | Not Applicable | ||
| (3) industrial customers | Not Applicable | ||
| IF-EU-240a.2 | Typical monthly electric bill for residential customers o electricity delivered per month | Not Applicable | |
| (1) 500 kWh | Not Applicable | ||
| (2) 1,000 kWh | Not Applicable | ||
| IF-EU-240a.3 | Number of residential customer electric disconnections for non-payment, percentage reconnected within 30 days | Not Applicable | |
| IF-EU-240a.4 | Discussion of impact of external factors on customer affordability of electricity, including the economic conditions of the service territory | Not Applicable | |
| Workforce Health & Safety | |||
| IF-EU-320a.1 | (1) Total recordable incident rate (TRIR) | 0.14 | |
| (2) Fatality rate | 0 | ||
| (3) Near miss frequency rate (NMFR) | 0.46 | ||
| IF-EU-420a.1 | Percentage of electric utility revenues from rate structures that (1) are decoupled and (2) contain a lost revenue adjustment mechanism (LRAM) | Not Applicable | |
| IF-EU-420a.2 | Percentage of electric load served by smart grid technology | Not Applicable | |
| IF-EU-420a.3 | Customer electricity savings from efficiency measures, by market (MWh) | Not Applicable | |
| End-Use Efficiency & Demand | |||
| IF-EU-420a.1 | Percentage of electric utility revenues from rate structures that (1) are decoupled and (2) contain a lost revenue adjustment mechanism (LRAM) | Not Applicable | |
| IF-EU-420a.2 | Percentage of electric load served by smart grid technology | Not Applicable | |
| IF-EU-420a.3 | Customer electricity savings from efficiency measures, by market (MWh) | Not Applicable | |
| Nuclear Safety & Emergency Management | |||
| IF-EU-540a.1 | Total number of nuclear power units, broken down by U.S. Nuclear Regulatory Commission (NRC) Action Matrix Column | Not Applicable | |
| IF-EU-540a.2 | Description of efforts to manage nuclear safety and emergency preparedness | Not Applicable | |
| Grid Resiliency | |||
| IF-EU-550a.1 | Number of incidents of non-compliance with physical and/or cybersecurity standards or regulations | 0 | |
| IF-EU-550a.2 | (1) System Average Interruption Duration Index (SAIDI) | Not Applicable | |
| (2) System Average Interruption Frequency Index (SAIFI) | Not Applicable | ||
| Customer Average Interruption Duration Index (CAIDI), inclusive of major event days | Not Applicable | ||
| F-EU-000.A | Number of customers served (1) residential | 297 | |
| (2) commercial | |||
| (3) industrial | |||
| IF-EU-000.B | Total electricity delivered to: (1) residential |
22,352,420 | |
| (2) commercial | |||
| (3) industrial | |||
| (4) all other retail customers | |||
| (5) wholesale customers | |||
| IF-EU-000.C | Length of transmission and distribution lines (km) | Not Applicable | |
| F-EU-000.D | Total electricity generated (MWh) | 22,352,420 | |
| Energy Source | % of Total Energy Generated | ||
| Natural Gas | 65.72% | ||
| Hydro | 1.39% | ||
| Geothermal | 31.42% | ||
| Wind | 1.40% | ||
| Solar | 0.07% | ||
| IF-EU-000.E | Total wholesale electricity purchased (MWh) | 0 | |