The future of power is changing and FirstEnergy is changing with it. We're doing that by installing smarter technologies and utilizing cleaner, renewable resources.
FirstEnergy remains committed to protecting the environment while delivering safe, reliable electricity to six million utility customers in the Midwest and mid-Atlantic regions. In keeping with our balanced, long-term approach, we are continually looking for ways to minimize the impact of our operations on the environment. Through plant retirements, asset sales and our transformation to a fully regulated utility, we have significantly reduced the size of our generation fleet, which has contributed to our significant progress on our aggressive goal of reducing CO2 emissions by at least 90% below 2005 levels by 2045.
On September 4, 2018, FirstEnergy published the Edison Electric Institute’s (EEI) environmental, social, governance, and sustainability-related (ESG/sustainability) reporting template. FirstEnergy is voluntarily participating in this EEI-led initiative to help provide the investment community with more uniform and consistent ESG/Sustainability data and information.
The EEI ESG/Sustainability Reporting template includes both a qualitative and quantitative section. The qualitative section highlights FE’s ESG governance, as well as ESG plans and progress, while the quantitative section includes data on FE’s portfolio, emissions, capital expenditures, and resources.
FirstEnergy recently responded to the 2018 CDP Climate and CDP Water disclosures, and plans to publish additional ESG materials in 2019, including a Climate Risk Report and an updated Sustainability Report.