For years, Great Plains Energy has been transitioning to diversify its electricity generation to reduce emissions, increase renewable, and provide energy efficiency options all in a responsible fashion. Our planning considers different kinds of electric generation and non-generation including energy efficiency and plant retirements. It takes into consideration factors that affect our decisions, including costs, risks, fuel diversity, customer preferences and economic development opportunities.
The following Great Plains Energy reports based on Edison Electric Institutes’ (EEI) Environmental, Social, and Governance (ESG) Metrics and Sustainability Report are provided in response to the desire of investors and other stakeholders for environmental, social, and governance sustainability information that is consistent across the electric sector in terms of accessibility, content, timing, and presentation. Great Plains Energy and other companies that participate in voluntarily providing this sustainability information in this format share a common goal to provide investors with relevant information that:
- Allows integration of sustainability data and performance.
- Provides clarity of risks, opportunities and how they are being managed.
- Provides insight into growth strategy, assumptions, and future trajectory.
- Provides both qualitative and quantitative information.
- Serves as a primary reporting channel for consolidated sustainability information relevant to investors and other stakeholders.
EEI ESG Metrics
Edison Electric Institute (EEI) has created a voluntary environmental, social, governance (ESG or Sustainability) template for sharing company sustainability related data. EEI worked with various groups to develop what data should be included, where numbers could be found, and specified how the numbers should be calculated.
This data is meant to supplement and/or aggregate publicly reported data into one convenient location for shareholders and investors. Using this document GPE has compiled generation portfolio data, air emissions data including CO2, safety metrics, and Board of Directors statistics.
Great Plains Energy is the parent company of Kansas City Power & Light Company (KCP&L) and KCP&L Greater Missouri Operations Company (GMO). The data provided is the ownership share, combined with the power purchase agreements of GPE. It is anticipated this template will be annually updated in the third quarter.
To complement the ESG data document, we have prepared a Sustainability Report to further share our plans and progress towards our sustainable transition. Our Sustainability Report highlights green initiatives, demonstrates our commitment to natural resources and our employees, and provides transparency into our corporate governance.