Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — ESG Presentation (July 2021)
38 slides from Alliant Energy's sustainability presentation, Jul 20, 2021
Slide 1: Alliant Energy: ESG Materials
Alliant Energy: ESG Materials July 20, 2021
Slide 2: Safe Harbor
Safe Harbor This presentation contains statements that may be considered forward looking statements, such as management’s expectations of financial objectives and projections, capital expenditures, earnings growth, plant retirements, rate base, and new generation plans. These statements speak of the
Slide 3: Serve customers and build strong communities
erve customers and builc strong communities a >) a Alliant Energy
Slide 4: Environmental Social Governance
Environmental Social Governance Net-zero CO2 emissions by DE&I initiatives create an Diverse and experienced 2050 environment of belonging board that oversees all ESG Elimination of coal by 2040 priorities Planting over 1 million trees Over $4 billion investments Compensation aligned w
Slide 5: Transparent Disclosures
Transparent Disclosures Aligned with key frameworks 5
Slide 6: Strong ESG ratings
Strong ESG ratings AAA 0 – low risk utility sector median Rating: 28.2 (Medium risk) Rating: AA (Leader) Range: 0-100 Range: AAA-CCC (Lower score signals less unmanaged risk) September 2020 November 2020 CCC 100 – high risk 6
Slide 7: Recognition
Recognition 2021 Bloomberg 2021 Best Place to Work for Newsweek’s America’s Most Site Selection Magazine's Gender-Equity Index LGBTQ+ Equality Responsible Companies 2020 Top Utilities for 2021 List Economic Development Platinum EnvisionTM Awards 2020 Emergency Response NASDAQ CRD Global Institute fo
Slide 8: Environmental
ALLIANT ENERGY ENVIRONMENTAL 8
Slide 9: Our clean energy vision
Our clean energy vision By 2030: • Reduce our fossil fuel generation carbon dioxide (CO2) emissions by 50% from 2005 levels • Reduce our electric utility water supply by 75% from 2005 levels • Electrify 100% of our company-owned light-duty fleet vehicles • Partner to plant more than one million tree
Slide 10: Our clean energy vision: Progress
Our clean energy vision: Progress Achievements: 42% reduction in carbon dioxide (CO2) emissions compared to 2005 levels Over 1.1GW of coal already retired Additional 1.3GW to retire by end of 2024 Combined, this represents a reduction of nearly 70% from our 2005 coal footprint 10
Slide 11: Our clean energy vision: Progress
Our clean energy vision: Progress Achievements: Exceeded all of our 2020 NOx, SO2 and Mercury emission goals 11
Slide 12: Our clean energy vision: Progress
Our clean energy vision: Progress This year, we enhanced our water goals to include all our electric utility facilities; this is expanded from our previous goal of including only our fossil-fueled generating facilities Achievements: 66% water reduction in 2020 12
Slide 13: Electrification of our fleet vehicles
Electrification of our fleet vehicles Goal: Electrify 100% of our active light-duty fleet vehicles by 2030 • Approximately 250 vehicles • Electric Vehicles provide long-term savings through reduced fuel costs and less maintenance 13
Slide 14: One million trees
One million trees Our commitment to supporting the communities we serve extends to improving the natural environment for future generations • We’re donating and helping plant more than 1,000,000 trees by 2030 – one for each of our customers • Aligns with our 2050 aspirational goal of net-zero CO2 em
Slide 15: Our Clean Energy Blueprints guide our way
Our Clean Energy Blueprints guide our way Near-term Highlights Iowa Wisconsin Increasing our Adding up to 400 MW of Adding up to 1,100 MW of solar by 2023 solar by 2023 use of renewable Adding up to 100 MW of sources community solar & battery resources by 2026 By 2025, we expect 50% of By 2025
Slide 16: Growing our renewable rate base
Growing our renewable rate base 20% of rate base is renewable generation – anticipate 24% by 2024 Percent Renewable Investments 1.5 GW solar energy planned between 2020 and 2024 2020 2024 forecast Percent Coal Investments 1.3 GW coal retired between 2020 and 2024 13% 4% 2020 2024 forecast 16
Slide 17: Drivers of our leadership in wind
Drivers of our leadership in wind • Very strong wind resource, particularly in Iowa where most of our wind is located • Constructive regulatory environments with commissions that have supported our investments • Strong landowner relations • Long track record of delivering major construction projects
Slide 18: Transitioning our energy resources
Transitioning our energy resources Projection based on approximate capacity in megawatts as of July 2021 including owned generation resources and utility purchase power agreements. 18
Slide 19: Integrated Grid
Integrated Grid Investments to meet customer expectations • Undergrounding electric distribution lines • 25-KV design standard upgrades to our system • Smart devices expansion • Fiber optic cable installation enhances our telecommunication network • Pilots to test digital technologies and energy sto
Slide 20: Electrification
Electrification • Enabling the acceleration of electrification, primarily in the transportation sector • Providing rebates and educational events • Hosting Fall 2021 Sustainable Transportation virtual series 2020 electrification progress: Rebates provided – Customer rebates toward 8 Level 2 EV cha
Slide 21: Customer Renewable Solutions
Customer Renewable Solutions Customers have options: • Second Nature Program – allowing customers to support renewable generation • Community Solar – subscription-based options giving customers an alternative to owning directly • Customer Hosted Renewables – partnering with commercial or industrial
Slide 22: EPRI Low Carbon Resource Initiative
EPRI Low Carbon Resource Initiative Alliant Energy is an Anchor Sponsor The LCRI explores new ways to reduce carbon emissions in the electric and gas industry, including: • Identify and accelerate development of promising technologies, which could be deployed on a large scale – such as clean hydroge
Slide 23: Water Management
Water Management We are making significant progress on our 75% reduction goal and have saved approximately 300 billion gallons since 2005 Our newest natural gas units (1.4GW of capacity) utilize 99% less water on a per-MWh basis • West Riverside Energy Center natural gas facility incorporates stormw
Slide 24: Ecosystem and habitat
Ecosystem and habitat Our environmental stewardship includes ecosystem and habitat support: • Longstanding partnerships with Wisconsin and Iowa agencies to protect and enhance natural areas and proactively avoid impacts to threatened and endangered species • Best in class avian protection practices
Slide 25: It’s about how we do it…
Institute for Sustainable Infrastructure’s It’s about how we do it… framework focuses on five key categories: • We build with sustainability in mind • We’ve received Platinum EnvisionTM recognition on 5 infrastructure projects: Marshalltown Generating Station (April 2017) Dubuque Solar (April 20
Slide 26: Social
ALLIANT ENERGY SOCIAL Alliant Energy.
Slide 27: Our values underpin our culture
Our values underpin our culture 27
Slide 28: Our workforce
Our workforce Approximately 3,300 employees Talent & Workforce Readiness Programs: 2020 Workforce by Gender 2020 Workforce by Ethnicity • Pre-apprenticeship program provides pathways into the Company for those who have not had 74% Gender 95% White Ethnic access to traditional technical training prog
Slide 29: Diversity Equity and Inclusion
Diversity Equity and Inclusion We strive to create a workplace where people feel like they belong and can use their unique backgrounds, talents and perspectives Perfect score on the Human Rights Campaign Corporate Equality Index for We have six Employee Resource Groups 2017-2021 • Evolving Profess
Slide 30: Community Giving
Community Giving Community giving of almost $9 million in 2020 – COVID-19, Racial injustice, Derecho storm recovery Drive Out Hunger initiative has raised funds for nearly 15 million meals Over 64,000 annual employee volunteer hours in 2020 30
Slide 31: Economic development
Economic development Nationally recognized for economic development activities (Site Selection magazine) In 2020 16 Growth Sites 31 Completed projects Big Cedar Industrial Center Beaver Dam Commerce Park 520 contiguous acres $0.9 B 1,391 contiguous acres First certified Mega Site in IA One of the la
Slide 32: Cyber, Physical Security and Safety
Cyber, Physical Security and Safety Cyber and Physical Security We have an extensive plan in place to manage risk: • Board oversight of programs • Participate in drills and exercises (e.g. GridEx, extreme weather and cyber-attack) to prepare for extraordinary scenarios • Supplier and product risk as
Slide 33: Governance
ALLIANT ENERGY GOVERNANCE Alliant Energy.
Slide 34: Board Committee Focus Areas
Board Committee Focus Areas Our ESG oversight helps us effectively integrate sustainability throughout the organization 34
Slide 35: Diverse Board of Directors
Diverse Board of Directors Gender 40% Diversity Female Diversity of our board is measured by gender, ethnicity, age, 60% Male tenure, skills, and qualifications Patrick Joy Michael John Singleton Roger Dean Thomas Carol Susan Skills and Qualifications Allen Falotico Garcia Larsen McAllister Newport
Slide 36: Compensation and pay practices
Compensation and pay practices • Strong linkage of compensation to achievement of financial, customer-focused and ESG-related goals • Substantial portion of performance-based compensation is at-risk • Regular reviews by the Compensation and Personnel Committee 36
Slide 37: ESG Disclosures
ESG Disclosures Corporate Responsibility Report Corporate Governance Guidelines ESG Data and Reports Diversity, Equity and Inclusion Commitments Sustainability Stories Code of Conduct Clean Energy Vision and Goals Alliant Energy Foundation Political Engagement Guidelines 37
Slide 38: Reconciliation between GAAP and non-GAAP EPS
Reconciliation between GAAP and non-GAAP EPS 2015 2016 2017 2018 2019 2020 GAAP EPS from continuing operations $1.69 $1.65 $1.99 $2.19 $2.33 $2.47 • Temperature impacts 0.04 0.06 (0.06) (0.05) (0.01) Non-GAAP adjustments: • Losses from sales of Minnesota distribution assets 0.04 • Voluntary employee