Renewable Energy, Responsible Practices: Altus Power Releases Third Annual Sustainability Report

Business Wire 12-Sep-2024 4:45 PM

Altus Power (NYSE:AMPS), the largest commercial-scale provider of clean electric power in the US, today released its 2023 Sustainability Report "Renewable Energy, Responsible Practices," highlighting the company's progress over the past year in its Environmental, Social and Governance initiatives.

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Photo: Altus Power

"As a clean power company, Altus Power is dedicated to leading the transition to a low-carbon economy and expanding access to clean energy for enterprises and households nationwide," said Sophia Lee, Chief Sustainability Officer, Altus Power. "Our third sustainability report demonstrates our environmentally focused approach to how we run our business as well as how we work with our customers to help them achieve their decarbonization goals."

Highlights from the 2023 report include:

• Installed and operated 896 MW of Solar PV, a 71% year-over-year increase.
• Solar projects generated 780,000 MWh of renewable electricity, avoiding approximately 551,000 metric tons of CO2(e) emissions.
• In 2023, females represented 43% of leadership positions.
• Prioritized employee health and safety and appointed a dedicated Health and Safety Manager
• Expanded access to the benefits of clean electric power to thousands of low-and-moderate income (LMI) customers in its Community Solar markets by minimizing barriers to entry including credit requirements, long-term contracts, payment processing fees and cancellation fees.
• Joined the United Nations Global Compact and is committed to adhering to its principles-based approach to responsible business

About Altus Power

Altus Power, based in Stamford, Conn., is the largest commercial-scale provider of clean electric power servicing commercial, industrial, public sector and Community Solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. Visit www.altuspower.com to learn more.

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