EVANSVILLE, Ind. — Vectren Corp. has released its corporate sustainability report, Sustainability in Practice, which illustrates the company’s commitment to the environment and the communities it serves, as well as its commitment to customers, employees and investors.
This is Vectren’s fourth annual sustainability report and the second report developed using the Global Reporting Initiative (GRI) Guidelines reporting framework with the Electric Utilities Sector Supplement. This report is in accordance with the GRI G4 Guidelines – Core option.
GRI is a nonprofit organization that promotes economic sustainability and produces one of the world’s most prevalent standards for sustainability reporting. The “in accordance” designation is achieved by voluntarily reporting information on company operations that go beyond the federal requirement.
Adherence to the GRI guidelines creates shared value, demonstrates Vectren’s pledge to sustainability and denotes transparency in operations.
“Adherence to the GRI sends the message that Vectren is aware of the changing economic, social and environmental landscape and potential impacts on future generations,” said Vectren Chairman, President and CEO Carl Chapman. “This report illustrates that sustainability is a key part of Vectren operations, laying the foundation to solid, sustainable growth and longevity.”
The report profiles Vectren’s efforts to grow its diversified businesses in economically, environmentally and socially sustainable ways by detailing the installation of automated metering technology, continued success in the programs aimed at improving the energy efficiency of customers’ homes and businesses, as well as efforts to revitalize communities. Details regarding the company’s implementation of a safety management system, as well as fleet and facilities upgrades are also included in the report.
“Our sustainability practices continue to embody our company goals and initiatives,” said Angila Retherford, Vectren’s vice president of environmental affairs and corporate sustainability. “We will continue to strive to be a leader in energy efficiency and environmental stewardship and believe these efforts toward sustainable growth will remain an important contributor to long-term corporate performance.”