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Vistra Publishes 2023 Sustainability Report Highlighting Accelerated Portfolio Transformation & Responsible Decarbonization

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Vistra (NYSE: VST) has released its 2023 Sustainability Report, showcasing significant progress in its energy transition efforts. Key highlights include:

1. Environmental Stewardship: 9% reduction in Scope 1 GHG emissions year-over-year, with a clear path to 2030 targets.

2. Strategy & Innovation: Addition of 350 MW battery storage at Moss Landing and acquisition of 4,000 MW zero-carbon nuclear fleet.

3. Inclusion & Human Capital: Expanded to 15 Employee Resource Groups and implemented inclusive leadership training.

4. Safety: 35% decrease in total recordable incident rate and over 58,000 safety training courses completed.

5. Community Support: $5.3 million in energy bill assistance and $2.4 million invested in nonprofit organizations.

6. Responsible Business: 30% increase in spending with Diverse Business Enterprises and recognition for disability inclusion.

Vistra (NYSE: VST) ha pubblicato il suo Rapporto di Sostenibilità 2023, evidenziando progressi significativi nei suoi sforzi di transizione energetica. I punti salienti includono:

1. Gestione Ambientale: riduzione del 9% delle emissioni di gas serra di Scopo 1 rispetto all’anno precedente, con un chiaro piano per raggiungere gli obiettivi del 2030.

2. Strategia & Innovazione: aggiunta di 350 MW di stoccaggio di batterie a Moss Landing e acquisizione di una flotta nucleare zero-carbon di 4.000 MW.

3. Inclusione & Capitale Umano: espansione a 15 Gruppi di Risorse per i Dipendenti e implementazione di corsi di formazione sulla leadership inclusiva.

4. Sicurezza: riduzione del 35% del tasso totale di incidenti registrabili e oltre 58.000 corsi di formazione sulla sicurezza completati.

5. Supporto alla Comunità: 5,3 milioni di dollari in assistenza per le bollette energetiche e 2,4 milioni di dollari investiti in organizzazioni senza scopo di lucro.

6. Business Responsabile: aumento del 30% della spesa verso le Imprese Commerciali Diverse e riconoscimenti per l'inclusione delle persone con disabilità.

Vistra (NYSE: VST) ha publicado su Informe de Sostenibilidad 2023, destacando avances significativos en sus esfuerzos de transición energética. Los puntos clave incluyen:

1. Cuidado del Medio Ambiente: reducción del 9% en las emisiones de gases de efecto invernadero de Alcance 1 con respecto al año anterior, con un camino claro hacia los objetivos de 2030.

2. Estrategia e Innovación: adición de 350 MW de almacenamiento de batería en Moss Landing y adquisición de una flota nuclear de 4,000 MW sin carbono.

3. Inclusión y Capital Humano: expansión a 15 Grupos de Recursos para Empleados e implementación de entrenamiento en liderazgo inclusivo.

4. Seguridad: disminución del 35% en la tasa total de incidentes registrables y más de 58,000 cursos de capacitación en seguridad completados.

5. Apoyo a la Comunidad: 5.3 millones de dólares en asistencia para facturas de energía e inversión de 2.4 millones de dólares en organizaciones sin fines de lucro.

6. Negocios Responsables: aumento del 30% en el gasto con Empresas Comerciales Diversas y reconocimiento por la inclusión de personas con discapacidad.

Vistra (NYSE: VST)는 2023 지속 가능성 보고서를 발표하며 에너지 전환 노력에서 significant한 발전을 보여주었습니다. 주요 하이라이트는 다음과 같습니다:

1. 환경 관리: Scope 1 온실가스 배출량 9% 감소, 2030년 목표에 도달하기 위한 명확한 경로 제공.

2. 전략 및 혁신: Moss Landing에서 350MW 배터리 저장소 추가 및 4,000MW 배출 없는 원자력 발전소 인수.

3. 포용성 및 인적 자본: 15개 직원 자원 그룹으로 확대 및 포용적 리더십 교육 시행.

4. 안전: 총 기록 가능한 사고율 35% 감소 및 58,000개 이상의 안전 교육 과정 완료.

5. 커뮤니티 지원: 에너지 요금 지원으로 530만 달러 및 비영리 단체에 240만 달러 투자.

6. 책임 있는 사업: 다양한 비즈니스 기업에 대한 지출 30% 증가 및 장애인 포함에 대한 인정.

Vistra (NYSE: VST) a publié son rapport de durabilité 2023, mettant en évidence des progrès significatifs dans ses efforts de transition énergétique. Les points clés incluent :

1. Gestion Environnementale : réduction de 9 % des émissions de GES de Scope 1 d'une année sur l'autre, avec un chemin clair vers les objectifs de 2030.

2. Stratégie et Innovation : ajout de 350 MW de stockage de batteries à Moss Landing et acquisition d'une flotte nucléaire zéro carbone de 4 000 MW.

3. Inclusion et Capital Humain : expansion à 15 Groupes de Ressources pour les Employés et mise en œuvre d'une formation au leadership inclusif.

4. Sécurité : diminution de 35 % du taux total d'incidents enregistrables et plus de 58 000 cours de formation à la sécurité complétés.

5. Soutien à la Communauté : 5,3 millions de dollars en aide aux factures d'énergie et 2,4 millions de dollars investis dans des organisations à but non lucratif.

6. Entreprise Responsable : augmentation de 30 % des dépenses auprès des entreprises diverses et reconnaissance pour l'inclusion des personnes handicapées.

Vistra (NYSE: VST) hat seinen Nachhaltigkeitsbericht 2023 veröffentlicht, der bedeutende Fortschritte bei seinen Bemühungen um den Energiewandel zeigt. Die wichtigsten Highlights sind:

1. Umweltschutz: 9% Reduktion der Treibhausgasemissionen nach Scope 1 im Vergleich zum Vorjahr, mit einem klaren Plan für die Ziele bis 2030.

2. Strategie & Innovation: Hinzufügung von 350 MW Batteriespeicher in Moss Landing und Erwerb einer 4.000 MW emissionsfreien Kernkraftflotte.

3. Inklusion & Humankapital: Erweiterung auf 15 Mitarbeiterressourcengruppen und Implementierung von Schulungen für inklusive Führung.

4. Sicherheit: 35% Rückgang der Gesamtzahl der meldepflichtigen Vorfälle und über 58.000 abgeschlossene Sicherheitsschulungen.

5. Gemeinschaftsunterstützung: 5,3 Millionen Dollar in Unterstützung bei Energiekosten und 2,4 Millionen Dollar Investitionen in gemeinnützige Organisationen.

6. Verantwortungsvolles Geschäft: 30% Steigerung der Ausgaben für diverse Unternehmen und Anerkennung für die Einbeziehung von Menschen mit Behinderungen.

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IRVING, Texas, July 31, 2024 /PRNewswire/ -- Vistra (NYSE: VST) recently published its 2023 Sustainability Report, highlighting its leading role in the energy transition and expansion, including its growing zero-carbon portfolio, groundbreaking retail solutions, and a workplace driven by diverse ideas and teams. 

"Our world is running on electricity now more than ever. Vistra is committed to meeting that growing demand and will lead as we both grow and transform our energy supply," said Jim Burke, Vistra president and chief executive officer. "The strides our team made in 2023 and laid out in this report reflect our unwavering commitment to reliability, affordability, and sustainability."

Select 2023 highlights include:

Environmental Stewardship

  • Vistra achieved a 9% reduction in Scope 1 greenhouse gas (GHG) emissions year-over-year. Looking forward, Vistra has a clear path to hitting its 2030 emissions reduction target
  • Vistra's generation fleet has now reduced SO2 emissions by nearly 90% since 2010, including a 44% drop from 2022
  • Carbon intensity (Scope 1) from power generation continues to fall. With the inclusion of three acquired nuclear facilities, 2024 intensity forecast is 0.38 mt CO2e/MWh, representing a 31% improvement compared to 2022

Strategy & Innovation

  • Rapidly advanced the transformation of our generation portfolio through additional battery storage, including the addition of 350 MW at our Moss Landing Energy Storage Facility and the 2023 announced acquisition of Energy Harbor's nuclear fleet, adding 4,000 MW of zero-carbon generation
  • Vistra's landmark Retire and Renew program entered its next phase; the program is redeveloping former coal plant sites in Illinois to include utility-scale solar generation and battery energy storage; with these additions, Vistra expects to generate more than 1,000 GWh of solar annually by 2025
  • Inaugural use of renewable energy certificates (RECs) and emission-free energy certificates (EFECs) to report on Scope 2 market-based emissions accounting
  • As the first retail provider in ERCOT with a net metering plan, TXU Energy continued to lead the way in rooftop solar. Customer count grew 65% in 2023 with more than $10 million in solar credits paid out to customers

Inclusion & Human Capital Management

  • Launched a series of action plans resulting from our 2022 companywide employee engagement survey, including new training opportunities and development tools to promote internal mobility
  • Leaders from the vice president level to managers attended specialized training on inclusive leadership practices 
  • Grew to 15 Employee Resource Groups (ERGs) to serve Vistra's diverse employee base and continue recruiting top tier talent
  • Began a series of monthly, small group discussions led by our chief diversity officer focusing on topics including age differences in the workplace and disability inclusion

Safety and Health

  • Total recordable incident rate decreased more than 35% year-over-year
  • Employees completed more than 58,000 safety training courses in 2023, with leaders performing more than 56,000 proactive safety engagements fleet-wide
  • Implemented a contractor orientation program to ensure every on-site contractor is trained according to Vistra safety standards

Supporting our Communities and Customers

  • Provided $5.3 million in energy bill assistance to Vistra retail customers through our signature Energy Aid program, which marked 40 years of serving customers in crisis
  • TXU Energy's Beat the Heat program celebrated 25 years of helping Texans stay safe and cool with fan and air conditioner donations
  • Invested $2.4 million in nonprofit organizations supporting critical community needs, economic development, and STEM education, among others
  • Contributed $2 million in Vistra's fourth year of a five-year, $10 million commitment to support organizations focused on advancing economic and educational opportunities in minority and underserved communities

Responsible Business Practices

  • Vistra's commitment to supply chain diversity resulted in a nearly 30% spending increase with third-party certified Diverse Business Enterprises and a 24% increase in small business spending; Selected as a "Best Corporation for Veteran Business Enterprise" by the National Veteran Owned Business Association (NaVOBA)
  • Named as one of Time magazine's Best Companies for Future Leaders
  • Continued implementation of the Business Roundtable's skills-based hiring initiative, emphasizing the value of skills, rather than just degrees, to lower barriers to internal mobility
  • Recognized as one of the Best Places to Work for Disability Inclusion by Disability:IN

Vistra's 2023 report adheres to the Sustainable Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) frameworks. The report also includes Vistra's voluntary annual report of its employee political action committee contributions, corporate contributions, and dues to trade organizations, which are in the appendix. For additional information about Vistra's 2023 ESG performance and to download a copy of the report, please visit vistracorp.com/sustainability.

About Vistra
Vistra (NYSE: VST) is a leading Fortune 500 integrated retail electricity and power generation company that provides essential resources to customers, businesses, and communities from California to Maine. Based in Irving, Texas, Vistra is a leader in the energy transformation with an unyielding focus on reliability, affordability, and sustainability. The company safely operates a reliable, efficient, power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities while taking an innovative, customer-centric approach to its retail business. Learn more at vistracorp.com.

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SOURCE Vistra Corp.

FAQ

What was Vistra's (VST) reduction in Scope 1 greenhouse gas emissions in 2023?

Vistra (VST) achieved a 9% reduction in Scope 1 greenhouse gas emissions year-over-year in 2023.

How much battery storage did Vistra (VST) add to its Moss Landing Energy Storage Facility in 2023?

Vistra (VST) added 350 MW of battery storage to its Moss Landing Energy Storage Facility in 2023.

What was the growth in TXU Energy's rooftop solar customer count in 2023?

TXU Energy's rooftop solar customer count grew by 65% in 2023.

How much did Vistra (VST) provide in energy bill assistance to retail customers in 2023?

Vistra (VST) provided $5.3 million in energy bill assistance to retail customers through its Energy Aid program in 2023.

What was the decrease in Vistra's (VST) total recordable incident rate for safety in 2023?

Vistra's (VST) total recordable incident rate for safety decreased by more than 35% in 2023.

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