HEI Releases Latest Consolidated Environmental, Social and Governance (ESG) Report
Subsidiary companies,
(Graphic: Business Wire)
“Our HEI family of companies is guided by a common purpose to create a better Hawai‘i – one that is thriving economically, environmentally, culturally and socially,” said
The theme of HEI’s latest ESG report is “Laulima,” which translates to “many hands working together.” The report details the work of all of the HEI companies in 2022 toward their common purpose, including in areas such as decarbonization; economic health and affordability; reliability and resilience; diversity, equity and inclusion; and human capital management.
“Laulima reflects the fact that creating a sustainable, thriving future is a collective effort,” said
The report extends HEI’s
2022 Highlights include:
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HEI Enterprise
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donated across the HEI family of companies to organizations dedicated to environmental sustainability, community resilience, economic strength and educational excellence$3 million - 20,000 volunteer hours by employees
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Hawaiian Electric - Generated nearly a third of electricity from renewable sources
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Reduced GHG emissions by
22% compared to 2005 levels - Selected seven shared solar projects to serve customers who meet low- and moderate-income levels
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Worked with independent power producer to bring online Oʻahu’s first utility-scale solar and battery project in
July 2022 - Deployed nearly 200,000 advanced meters by end of 2022
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American
Savings Bank - Invested in over 25 low-income housing projects across the state
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Committed more than
in lending to help Hawaiʻi’s families and businesses$2 billion -
Originated more than 270 clean energy loans, totaling
$12 million -
Financed more than
in commercial clean energy projects from 2010 to 2022, supporting a total of 21.30 MW in renewable energy capacity$65 million - Named one of Hawaii Business Magazine’s Best Places to Work for the 14th consecutive year
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Approved to provide Section 184A and 247 financing to Native Hawaiians for the purchase and refinance of homes on
Department of Hawaiian Home Lands leased land
Also publishing today are Hawaiian Electric’s Sustainability Report and American Savings Bank’s ESG report.
To review the HEI ESG report, visit www.hei.com/esg. To review Hawaiian Electric’s Sustainability Report, visit www.hawaiianelectric.com/sustainability. To review American Savings Bank’s ESG report, visit www.asbhawaii.com/esg.
About HEI
The HEI family of companies provides the energy and financial services that empower much of the economic and community activity of Hawaiʻi. HEI’s electric utility,
View source version on businesswire.com: https://www.businesswire.com/news/home/20230404005537/en/
Investor Contact
Director,
Investor Relations
ir@hei.com
(808) 543-7300
Media Contact
AJ Halagao
Vice President,
Corporate & Community Advancement
ajhalagao@hei.com
(808) 543-7625
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