Fortis Inc. · TSX:FTS
Fortis — TD ESG Forum 2019
16 slides from Fortis's conference presentation, October 2019
Slide 1: Sustainability... How We Do Everything. TD ESG Forum
SUSTAINABILITY…. HOW WE DO EVERYTHING. TD ESG FORUM October 2019
Slide 2: Forward Looking Information
FORWARD LOOKING INFORMATION Fortis includes forward-looking information in this presentation within the meaning of applicable Canadian securities laws and forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (collectively referred to as "forward-looki
Slide 3: Focused Strategy
FOCUSED STRATEGY STRATEGY Leverage the operating model, 6% footprint of our businesses, operating expertise, reputation Average Annual Dividend and financial strength to execute Focused on Growth Target through 2024 on growth opportunities Growth AREAS OF FOCUS: Capital Customer & Sustainability & S
Slide 4: A Geographically Diverse Energy Delivery Business
A Geographically Diverse Energy Delivery Business 4
Slide 5: High Quality Portfolio Operations
HIGH QUALITY PORTFOLIO 10 OPERATIONS Canada, U.S. & Caribbean 3.3M CUSTOMERS 2.0M Electric & 1.3M Gas ~99% REGULATED UTILITY ASSETS ~93% TRANSMISSION & DISTRIBUTION $28B 2019F RATE BASE ~66% EARNINGS FROM THE U.S. Note: All information as at June 30, 2019 5
Slide 6: Primarily an Energy Delivery Business
PRIMARILY AN ENERGY DELIVERY BUSINESS 93% of our assets relate to electricity poles, wires and natural gas lines that enable a cleaner energy future 6
Slide 7: Primarily an Energy Delivery Business
PRIMARILY AN ENERGY DELIVERY BUSINESS Asset Composition ~183,000 kms Energy Delivery Electricity Transmission & 93% Distribution Lines ~57,000 kms Natural Gas T&D Lines Fossil-Fuel Based Renewables Generation 5% Generation 2% 7
Slide 8: Our Environmental Performance
OUR ENVIRONMENTAL PERFORMANCE Renewable Electricity GHG Intensity Generated Biofuel, Solar and Hydroelectric Combined Energy Delivery to Customers Drivers of Improvement: (GWh) (ktonnes of CO2 equivalent per PJ) • Increase in energy delivery with 3,063 ITC acquisition 26 • Additional renewables Driv
Slide 9: Path to Cleaner Energy
PATH TO CLEANER ENERGY Generation Shifting from Fossil Fuel to Solar and Wind Projects Capital Investment in a Electric Vehicle Penetration Green and Resilient Grid Renewable Gas at Energy Efficiency FortisBC CLEANER ENERGY 9
Slide 10: ITC Building the Grid of the Future
ITC BUILDING THE GRID OF THE FUTURE New 3GW and 7GW of battery storage in ~16,000 Technologies MISO and SPP queues Miles of Transmission & 560 82GW and 91GW of additional renewable Substations Generation Shifts capacity in MISO & SPP queues ~6,600MW Hardening of physical assets and Wind Energy Conne
Slide 11: Arizona Focused on Renewables
ARIZONA FOCUSED ON RENEWABLES TEP’s RESOURCE TRANSITION % Renewable Energy Renewable Energy Production of 28% by 2021 (1) Projects developed through purchase power agreements 11
Slide 12: Leading Innovation at FortisBC
LEADING INNOVATION AT FORTISBC Renewable Gas Natural Gas for Road and Marine Transportation FortisBC reducing GHG emissions associated with Electric Vehicles Energy Conservation & customers’ energy use 30% by 2030 Efficiency Incentive Program 12
Slide 13: Our Social Commitment
OUR SOCIAL COMMITTMENT ACTIVE IN THE STABLE SAFETY A TOP PRIORITY FOCUS ON DIVERSITY COMMUNITIES WE SERVE WORKFORCE 13
Slide 14: Board Structure
BOARD STRUCTURE 42% Douglas J. Haughey FEMALE Chair of the Board BOARD MEMBERS 50%/50% U.S./CANADA RESIDENCY Barry Perry* Tracey C. Ball Pierre J. Blouin Paul J. Bonavia Lawrence T. Borgard Maura J. Clark President & CEO, Fortis Chair of the Audit Committee 100% HAVE SENIOR EXECUTIVE EXPERIENCE Marg
Slide 15: Sustainability... How We Do Everything
SUSTAINABILITY….HOW WE DO EVERYTHING Ranked Top Decile on Focused on Delivering Governance Matters Cleaner Energy • Ranked in top 15 of Globe & Mail Board Games for past four years(1) • FortisBC GHG emission goal set to reduce • ISS and Glass Lewis supportive of all resolutions customer‘s energy use
Slide 16: Sustainability... How We Do Everything. TD ESG Forum
SUSTAINABILITY…. HOW WE DO EVERYTHING. TD ESG FORUM October 2019