Environmental, Social and Governance

Making Power,
Making Progress

2022 Sustainability Report

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Commitment to Sustainability

Altus Power was founded to address the urgent need to transform the way we generate and consume power. Our mission – to create a clean electrification ecosystem, providing clean energy to every home, business, and electric vehicle– is intrinsically linked to clean, renewable power as the foundation for a sustainable future.

We believe that leadership in environmental, social and governance(ESG) practices is central to accomplishing our mission, so we continue to take steps to address the environmental and social risks of our operations and products. Our Corporate Social Responsibility Committee is dedicated to implementing and improving upon sustainability practices throughout our company. Our team is passionate about empowering communities and businesses to accelerate the global energy transition while also doing everything we can to foster a diverse, inclusive, and sustainability-driven corporate culture at Altus Power. 

Our sustainability efforts are organized into the three ESG pillars: Environmental, Social, and Governance. For more information or to learn more about the sustainability efforts at Altus Power, please review the 2022 Sustainability Report.

All of our actions and each of our ESG pillars are underpinned by driving the clean energy transition of our customers across the United States.

Environmental

Solar panel close-up.

Environmental

Our  Environmental  Pillar focuses  on  providing  clean, affordable  energy  to  our  customers;  maintaining  a robust  environmental  management program that ensures we protect the environment in the communities where we operate and build; and helping to make our energy infrastructure more resilient and sustainable.

Social

Altus staff planning in a conference room.

Social

Our Social pillar focuses on attracting and retaining a team of talented individuals, while offering opportunities for growth and development; building a diverse and inclusive work force; and ensuring a safety-first workplace for our employees through proper training, policies and protocols.

Governance

A conference table made of solar panel cells.

Governance

Our  Governance  Pillar focuses on adhering to the highest standards of corporate governance, ethical business conduct, transparency, honesty, and integrity while developing a strong and resilient company. We believe that strong governance is the foundation on which all resilient and successful companies are built.

For questions or more information about our commitment to sustainability, please reach out to: csr@altuspower.com

Environmental

Altus Power's solar systems generated 455,000 MWh of solar power in 2022. That is equivalent to the CO2 emissions from:

Green house icon
 
62,741
Homes' electricity use for one year*
Green gas can icon
 
36,283,395
Gallons of gasoline consumed*
Green car icon
 
826,617,666
Miles driven by an average gasoline-powered vehicle*
Green solar panel icon
919,663,145
kWh
Solar Power Generated
Green smoke stacks icon.
651,749
metric tons
of Carbon Dioxide (CO2 ) avoided
Green automobile icon
1,637,974,590
miles
driven by an average gasoline-powered passenger vehicle

The solar arrays that we build and maintain will produce clean and affordable energy for years to come, displacing utility power generated from fossil fuels and directly enabling households and corporations to reduce their own carbon footprint. Altus is empowering our residential and corporate customers, partners, and communities to reach their sustainability goals.

In addition to empowering others on their sustainability journey, it is equally important that we consider the environmental impacts of our own business. We strive to be industry leaders in environmental stewardship. We maintain a robust environmental management program to ensure we protect the environment in the communities where we build and are implementing strategies to address the emissions involved with building a solar project. Whenever possible, Altus partners with businesses to provide North American manufactured solar panels. Finally, we are developing processes to measure and track the Scope 1, Scope 2, and Scope 3 carbon emissions from our business.

C&I

Our end-to-end solution reduces the high initial cost of adding a solar system to your building or business. We manage the project from start to finish and our interests in providing the most reliable product align with yours.

Community Solar

Community solar expands access to solar energy. Great option when there are physical or financial limitations to rooftop installation. Community Solar allows customers to purchase their electricity from a nearby solar project and receive an energy discount!

Environmental Justice

As part of our community solar projects, we are dedicated to expanding access to renewable energy to low- and moderate-income customers. We are working to provide community solar access to thousands of LMI customers in several states.

Social

We look for passionate and motivated individuals to foster an exciting and innovative company culture. We care about our employees and offer opportunities for growth and development.

We have been rapidly growing and have been thoughtful in building a diverse and inclusive workforce. At the office we encourage a collaborative workspace where everyone contributes and plays a vital role to the success of the business.

We place trust and responsibility in our employees, and they are constantly exceeding expectations.

Overall Workforce
Male
Female
Executive Officers
Male
Female
Board of Directors
Male
Female

Governance

At  Altus,  we  make  it  a  priority  to  adhere  to  the  highest  standards  of  corporate governance  and  stewardship.  This dedication to  excellence  and  good  corporate governance is demonstrated in the following guidelines: Altus Committee Charter, Compensation  Committee  Charter,  Nominating  and  Corporate  Governance Committee  Charter,  Corporate  Governance Guidelines,  and  our  Code  of  Business Conduct and Ethics. We strive to support ethically-sourced products and materials and encourage  the  partners  in  our  supply-chain  to  abide  by  our  Supplier  Code  of Conduct. Our  dedicated  Board  of  Directors have  a  diversity  of  age,  gender  and  experience providing our Board with a mix of perspectives and skills. We continuously evaluate these  practices,  controls  and  policies  to  promote  a  culture  of  transparency  and ethical behavior, fostering the long-term success of the company.

AltusPower supports and encourages all the United Nations Sustainable DevelopmentGoals (SDGs) adopted unanimously by the UN General Assembly in 2015 for the 2015-2030 horizon.  Altus Power has made a firm commitment to the advancement of these goals. 

Our core business of proliferating clean, discounted energy from solar arrays located locally within the communities where our customers consume the power directly supports UN SDGs 7, 11 and 13 and we expect our support to expand further in coming years as we harness the opportunity to offer decarbonization benefits to additional customers across the United States and abroad.  We also have a direct and positive impact on UN SDG 9 through our investment in infrastructure. In addition, we aim to execute our business in a manner which supports UN SDGs 5, 8 and 15 by promoting fair wages, full and productive employment and decent work as well as gender equality and preservation of the environment.

View our Supplier Code of Conduct

Read our Sustainability Report

Altus Power strives to have a sustainable, positive impact on the world and to incorporate environmental, social and governance (ESG)principles in our business practices.