Northland Power's Sustainability Report Highlights 2024 Achievements
Northland Power's Commitment to Sustainability in 2024
Northland Power Inc. (TSX: NPI), a prominent player in the global power production sector, revealed its 2024 Sustainability Report titled 'Powering Possibility.' This report is a testament to the Company’s steadfast commitment to sustainability, showcasing numerous accomplishments achieved throughout the year.
Christine Healy, the President and CEO, emphasized, "Our commitment to people, communities, and the planet is at the heart of everything we do." With this report, Northland not only highlights their substantial progress toward sustainability objectives but also the cherished values that guide their operations. Significant milestones were achieved across projects, including Hai Long, Baltic Power, and Oneida, all of which are pivotal in facilitating the global energy transition.
A Glimpse into 2024 Achievements
The year 2024 marked a significant stride forward for Northland as they continued to evolve their diverse energy portfolio, which includes offshore and onshore wind, solar, and natural gas solutions. By collaborating with international partners and emphasizing sustainable practices, the Company ensures the delivery of safe, reliable, and affordable energy to communities globally.
Impactful Operational Highlights
Northland generated a whopping 11,046 GWh of electricity, bolstered by a gross renewable energy capacity of 2.5 GW. The Company achieved a notable 30% reduction in greenhouse gas emissions intensity since 2019, demonstrating its ongoing dedication to environmental stewardship.
Development of Renewable Projects
This year, the Company advanced 2.4 GW of renewable energy projects that are currently under construction, signaling a robust commitment to reducing carbon emissions and supporting local decarbonization efforts. Northland's sustainability ratings remained strong across various respected agencies, further affirming their leadership in the energy sector.
Innovations in Safety and Supplier Relations
Northland Power reinforced its health and safety initiatives across the organization, ensuring a safe working environment for all employees and partners. A significant launch this year was a digital due diligence platform aimed at improving engagement with global suppliers, enhancing collaboration and transparency.
About Northland Power
Founded in 1987, Northland Power has cultivated nearly four decades of expertise in developing, owning, and operating a diverse range of energy infrastructure, including offshore and onshore wind, solar, battery energy storage, and natural gas. Headquartered in Toronto, Canada, the Company ensures the acceleration of the global energy transition.
With an economic interest in 3.2 GW of gross operational generating capacity and 2.4 GW currently under construction, Northland is well-positioned to take significant strides in the energy landscape. The Company has been publicly traded on the Toronto Stock Exchange since 1997 under the stock symbol NPI.
Contact Information
For further inquiries, please reach out to:
Dario Neimarlija, Vice President, FP&A & Investor Relations
Phone: 647-288-1019
Email: investorrelations@northlandpower.com
Victor Gravili, Head of Global Brand & Integrated Communications
Phone: 647-288-1105
Email: communications@northlandpower.com
Frequently Asked Questions
What are the main highlights of the 2024 Sustainability Report from Northland Power?
The report highlights a 30% reduction in GHG emissions intensity and the generation of over 11,000 GWh of electricity.
How does Northland Power contribute to renewable energy?
Northland Power develops and operates various renewable energy projects, including offshore and onshore wind, and solar energy solutions.
What safety measures does Northland Power implement?
Northland Power prioritizes health and safety initiatives to create a safe working environment across all operations.
How has Northland Power engaged global suppliers?
This year, the Company launched a digital due diligence platform to enhance supplier engagement and improve collaborations.
Where is Northland Power headquartered?
Northland Power is headquartered in Toronto, Canada, with offices in seven countries around the world.
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