Nisource Inc · NYSE:NI
Nisource — ESG Presentation (December 2023)
12 slides from Nisource's sustainability presentation, December 2023
Slide 1: ESG Investor Update
ESG Investor Update December 2023 NiSource | NYSE: NI | nisource.com |
Slide 2: Forward-Looking Statements
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"). Forward-looking statements
Slide 3: Delivering a Best In-Class ESG Plan
DELIVERING A BEST IN-CLASS ESG PLAN Executing Amid Changing Industry and Economic Landscape Environmental Highlights Social Highlights • Industry Leading Carbon Intensity Reduction Goals • Sustainable Social Practices De-Risk Business Over Time – Net zero1 scope 1 and 2 greenhouse gas (“GHG”) emissi
Slide 4: Leading the Sector in Carbon Intensity Reduction
LEADING THE SECTOR IN CARBON INTENSITY REDUCTION Generation Transition Exceeds Pace and Magnitude of Selected Peers Interim Scope 1 Targets Are Best-in-Class – 50% reduction in scope 1 greenhouse gas emissions (“GHG”) by 20251 is an industry-leading interim target Interim target already achieved w
Slide 5: Pursuing an Actionable Pathway to Net Zero
PURSUING AN ACTIONABLE PATHWAY TO NET ZERO Thoughtfully Designed Pathway Relies on Realistic and Balanced Capital Investments and is Mindful of Customer Affordability Solidly on Track to Achieving/Maintaining a 50% Reduction in GHG1 by YE2025 SCOPE 1 – Retiring 2,105 MW of coal generation cumulative
Slide 6: Efficiently Decarbonizing the Gas-System
EFFICIENTLY DECARBONIZING THE GAS-SYSTEM Highly Achievable 50% Reduction in Fugitive Methane from Mains and Services Interim Target by 2025 Bare steel leaks have declined ~50% since 20122 – 46% reduction already achieved as of YE22; 2025 goal firmly on track Leak Count by Material – Currently survey
Slide 7: Advancing Energy-Fuel Diversity
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 Energy Innovation Act – Benefits customers by affordably expanding fuel choice – Benefits the environment by increasing
Slide 8: Advancing Energy-Fuel Diversity
ADVANCING ENERGY-FUEL DIVERSITY Inflation Reduction Act Accelerates Hydrogen Technology Innovation • Recently Awarded DOE Hydrogen Grants Further Supplement Long-Term Gas Infrastructure Value – Two hydrogen hubs1 residing in our regions were awarded nearly $2BN in federal grants collectively – The M
Slide 9: Positioning Gas Utilities for Long-Term Value
POSITIONING GAS UTILITES FOR LONG-TERM VALUE Decarbonization Role Enhances Duration, Terminal Value of Assets • Regulatory, Political, and Customer Preferences in Our Service Territory Are Supportive of Natural Gas – Reliability and affordability remain high priorities across many stakeholder groups
Slide 10: Advancing Social Priorities
ADVANCING SOCIAL PRIORITIES Promoting Affordability and Diversity, Equity and Inclusion in the Community • Consideration of our Most Vulnerable Customers is Central to our Financial Plan and Uniquely Informs Our Strategy – Keeping average annual 2023-2028 total customer bill growth1 below 4% – Moder
Slide 11: Cohesive Governance Framework
COHESIVE GOVERNANCE FRAMEWORK Oversight and Incentive Practices Align with Shareholder Interests • Independent Chairman Preserves the Integrity of the Oversight Function of the Board Governance Framework Reflects Best Practices • Strong Alignment of Executive Incentive Compensation with Financial, C
Slide 12: Consistently Recognized for ESG Excellence
CONSISTENTLY RECOGNIZED FOR ESG EXCELLENCE • TIME Magazine’s World’s Best Companies for 2023 • Newsweek America’s Most Responsible Companies in 2022 • Forbes List of Best Employers for Diversity in 2022 • Dow Jones Sustainability Index (DSJI) for 10th Consecutive Year in 2023 • AAA Rating from MSCI*