RPIA Sustainability Report - 2024

Page 22 | RPIA SUSTAINABILITY REPORT 2024

ESG INTEGRATION

OVERVIEW

SUSTAINABILITY

CULTURE & VALUES

Sample Barometer Output

Company X: Energy Infrastructure Company

Company A-E: Competitors

Environmental Risk Factors Metrics (Current & Trend)

Overall Rank: 3.0 Current Rank: 3.0 Trend Rank: 3.0

The data revealed that environmental risk factors such as GHG Emissions per Sales (CO2e/revenue) and Energy Intensity per Sales (MWh/revenue) were trending positively. At the time of the report, the company was ranked second in its industry peer group.

Curr Rank

Trend Rank

Factors

Metric

Unit

Current

Trend

GHG Emissions Resource Management Resource Management

Total GHG CO2 Emissions Intensity per Sales Energy Intensity per Sales Pct Renewable Energy Consumed Water Use/Withdrawal Intensity per Sales Waste Generated per Sales

CO2e/Rev MWh/Rev %

158.7 245.7 0.9

2 2 3

-26.4 -15.7 -0.0

2 2 3

Ecological Impact Ecological Impact

m³/Rev Mt/Rev

Metrics (vs. Peer Group)

In the context of the Energy industry, we were comfortable with the company’s metrics relative to those of their peers. Company X’s total GHG CO2 Emission Intensity per Sales and Energy Intensity per Sales are lower than all 5 competitors. Despite a lack of formal GHG reduction policy and commitments due to uncertainties around Bill C-59, we spoke with the company and felt comfortable that the company had enough incentives from a fundamentals perspective to continue trending positively.

Metric

X

A

B

C

D

E

Total GHG CO2 Emissions Intensity per Sales Energy Intensity per Sales Pct Renewable Energy Consumed

158.7 245.7 0.9

335.1 1,113.3 5.5

1,439.6 6,468.6 0.0

734.6

1206.5 508.3 0.0

1,979.6

Policy Implementation

Count: 0/1

Factor

Policy

Y/N

GHG Emissions

GHG Reduction / Energy Use Policy

No

In addition to these excerpts, the complete RP Barometer assesses transition risks based on carbon budget trends in a sector versus the overall market and for issuers versus their sectors. Transition risks are also evaluated in the context of an issuer’s carbon profile and trajectory of both an absolute intensity basis for scopes 1, 2, and 3 emissions. The RP Barometer also includes a framework which grades workplace equity based on five key pillars: workforce participation, equal pay, upward mobility, representation, and leadership. Governance considerations underpin the data analyzed for both environmental and social factors, including assessing policies and action plans published by the company.

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