Finance & Tax
To better serve customers and investors, the Edison Electric Institute (EEI) and the American Gas Association (AGA) developed an environmental, social, governance, and sustainability (ESG/sustainability) reporting template, with the goal of helping electric and gas companies provide the financial sector with more uniform and consistent ESG/sustainability data and information.
In order to develop investor-driven ESG/sustainability reporting practices, EEI and AGA assembled a broad working group comprised of finance sector specialists in asset management, ESG/sustainability, and investment banking; buy-side and sell-side analysts; and industry representatives from various disciplines, including accounting, environment, ESG/sustainability, finance, treasury, investor relations, and legal.
The electric and gas companies using the ESG/sustainability template will publish data by the third quarter of each year. For those interested in the information, EEI and AGA member companies typically will post it on the investor relations or sustainability sections of their websites. See below for hyperlinks to EEI member company websites where their template materials are posted.
Voluntary Reporting Template Sections
|ESG/Sustainability Governance||Management and oversight of ESG/sustainability.|
|ESG/Sustainability Strategy||Practices, programs, and initiatives designed to support the company’s transition to a lower carbon and increasingly sustainable energy future.|
|The Excel-based data reporting template is customized for regulated electric and gas companies. Portfolio, emissions, and resources are included on the ‘EEI Metrics’ tab for electric company disclosure, while gas-related metrics are included on the ‘AGA Metrics’ tab for gas company disclosure.|
|Note: data for these areas should include as much historical, current, and forward-looking information as is appropriate.|
EEI and AGA ESG/Sustainability Template - Version 3