Nisource Inc · NYSE:NI
Nisource — ESG Presentation (December 2024)
13 slides from Nisource's sustainability presentation, December 2024
Slide 1: ESG Investor Update
ESG Investor Update December 2024
Slide 2: Legal Disclaimer
Legal Disclaimer Forward-Looking Statements This presentation contains "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Investors
Slide 3: Delivering a Best-In-Class ESG Plan
Delivering a Best-In-Class ESG Plan Environmental • 50% reduction in scope 1 greenhouse gas emissions (“GHG”) by 2025 is an industry-leading interim target • Retiring all 2,105 MW of coal generation by 2028 • Installing 3,350 MW of renewable generation (PPA and BTA) from 2020 to 2027 • Investing ove
Slide 4: Leading Peers in Greenhouse Gas Emissions Reductions
Leading Peers in Greenhouse Gas Emissions Reductions Industry Leader in GHG Reductions Peer Decarbonization Timeline Generation Transition Exceeds Pace and Magnitude of MISO Market and Large Capitalization Peers • 50% reduction in scope 1 greenhouse gas emissions (“GHG”) by 2025 is an industry- lead
Slide 5: Pursuing an Actionable Pathway to Net Zero
Pursuing an Actionable Pathway to Net Zero • Retiring all 2,105 MW of coal generation by 2028 • Installing 3,350 MW of renewable generation (PPA and BTA) from 2020 to 2027 • Investing over $4B cumulatively across NIPSCO-owned renewables and energy storage projects • Our states have multiple technolo
Slide 6: On-Track to Achieve 50% Reduction in Fugitive Methane
Efficiently Decarbonizing the Gas System On-Track to Achieve 50% Reduction in • 48% reduction already achieved as of YE23: 2025 goal on-track • Retired 216 miles of priority pipe and installed 342 miles of replacement pipe in 2023 Fugitive Methane from • Invested $1.1 billion in 2023 to modernize an
Slide 7: Advancing Energy-Fuel Diversity: Expanding RNG Ecosystem
Advancing Energy-Fuel Diversity Expanding RNG Ecosystem Supports Long-Term Gas Distribution System Value • Exploring a fully regulated RNG business model that leverages Virginia’s 2022 Energy Innovation Act o Increases customer access to low/zero-carbon fuels o Displaces use of geologic natural gas
Slide 8: Advancing Energy-Fuel Diversity: Exploring Hydrogen Decarbonization Potential
Advancing Energy-Fuel Diversity Exploring Hydrogen Decarbonization Potential • Recently awarded DOE hydrogen grants further supplement long-term gas infrastructure value o Two hydrogen hubs residing in our regions were awarded nearly $2B in federal grants collectively o MachH2 hub explores hydrogen
Slide 9: Improving Biodiversity and Strengthening Communities
Improving Biodiversity and Strengthening Communities Implementing Company-wide Biodiversity Program to Avoid, Minimize, Restore and Offset Habitat Impacts NIPSCO contributed to The Wetlands Initiative and the National Fish and NIPSCO’s Environmental Action Grant Wildlife Foundation to assist in the
Slide 10: Advancing Social Priorities
Advancing Social Priorities DEI and Compensation Alignment Diverse Supplier Spend Emphasizing Diversity, Equity and Inclusion and Incentive 30% Alignment • Board of directors comprised of 33% women and 33% diverse directors • Executive leadership comprised of 43% women and 57% diverse executives • 2
Slide 11: Advancing Social Priorities: Safety, Affordability and Community
Advancing Social Priorities Continued Focus on Core Safety, Affordability and Community Initiatives Safety • Short term incentive compensation added 10% weighting to operational excellence & safety from 2020 to 2023 • Occupational Safety and Health Administration assessed injury rate and preventable
Slide 12: Established Governance Framework
Established Governance Framework Aligned Interest 2023 Executive Compensation Oversight and Incentive Practices Align with Shareholder Interests • Independent chair preserves the integrity of the oversight function of the board • Strong alignment of executive incentive compensation with financial, c
Slide 13: Consistently Recognized for ESG Excellence
Consistently Recognized for ESG Excellence TIME Magazine’s World’s Best Companies for 2024 Newsweek America’s Greatest Workplaces for Diversity in 2024 DOW Jones Sustainability Index (DSJI) for 10th Consecutive Year in 2023 AAA Rating from MSCI in 2024 for 3rd Consecutive Year FTSE4Good Index Series