NRG Energy 2009 Annual Report, Code of Conduct, and 2010 Web Pages
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To learn more about how we score, what topics are considered in the evaluation, and what score we assigned in each topic, click here: View the completed PSI scoring sheet
NRG Energy addresses corporate sustainability through the firm’s ecoNRG program. One of the main goals of ecoNRG is to look for ways to develop environmentally responsible power. To accomplish this, NRG is exploring renewable, nuclear, plasma gasification, and smart grid technologies. Additionally, NRG has a clearly-outlined environmental policy which includes working to reduce emissions of CO2, NOX, and SO2. However, the company’s emissions data is poorly presented in a series of graphs with no specific values. Other areas in which NRG focuses include climate change legislation, advocacy, and community conservation efforts such as reforestation, wetlands preservation, and habitat protection. Although NRG demonstrates a commitment to good environmental practices through its 2010 web pages, the company fails to address an environmental management structure. Additionally, the web pages lack substantial quantitative environmental reporting. NRG also reports an effort to conduct business in a way that supports local communities and the company’s workforce. The NRG Global Giving program has donated $11 million over the past five years to community development and education programs. Additionally, the company demonstrates a dedication to employee health and safety, significantly reducing its recordable incident rate since 2003. NRG’s Code of Conduct goes into depth regarding the company’s policy on bribery, political contributions, and anti-corruption. However, the Code lacks any adoption of policy regarding sexual harassment, corporal punishment, free association, fair compensation, forced or child labor, and working hours. The firm’s equal opportunity policy is mentioned in the Code, but NRG does not report actions to reinforce or monitor this policy. Analyzed by Jeffrey Alan Astor, and posted to the web on 3/3/2010.
The letter grades reported below are based on all reports irrespective of year of the same sector in the database and may be slightly different from the grades in the individual sector reports, which are based on scores of companies in just that report.
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