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NRG Energy

CEF Lead Executives

Latest Sustainability Reporting

Highlights


  • Reduced GHG emissions 58% since 2014, surpassing its 2025 target.
  • Carbon intensity by revenue has decreased 31% since 2021.
  • Made 1.9 GW of renewable power purchase agreements (PPAs) in 2023.
  • Has retired or divested approximately 36 GW of fossil fuel-fired power generation capacity since 2014 (a reduction of 73%).
  • Achieved a 71% decrease in water withdrawals, a 71% decrease in SO2 emissions, 59% decrease in NOX emissions, and 96% decrease in mercury emissions (2014 baseline).
  • Its home solutions have helped reduce electricity use, including about 520 MWh through customers’ voluntary participation, and 1.155 MWh across 24 demand response events in 2023.
  • 54% of its board of directors identify as ethnically or gender diverse.

Recent News

2024

NRG ENERGY / RENEW HOME / GOOGLE CLOUD — NRG Energy and virtual power plant (VPP) company Renew Home are partnering to boost residential VPP capabilities. The companies aim to distribute hundreds of thousands of VPP-enabled smart thermostats in Texas by 2035 (starting in 2025) and create a nearly 1 GW AI-powered VPP to lower household energy costs and improve the state’s grid resiliency. The project will be enabled by Google Cloud’s data, analytics, and AI technology, to help forecast weather conditions and renewable energy output, create predictive pricing models, and allow for more efficient production. (Nov 2024)

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DCFlex Launched by EPRI (The Electric Power Research Institute), this new initiative will explore how data centers can strengthen the electric grid, enable better asset utilization, and support the clean energy transition. DCFlex will establish 5-10 flexibility hubs, demonstrating innovative data center and power supplier strategies that enable operational and deployment flexibility, streamline grid integration, and transition backup power solutions to grid assets (with demonstration deployment starting in the first half of 2025). Founding members include CEF members: Duke Energy, Google, Meta, and NRG Energy. (Nov 2024)

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FORBES Published its 2024 Net Zero Leaders list of 100 companies helping to slow climate change by eliminating or compensating for the emissions they, their suppliers and their customers produce. CEF Members included in the Top 20 include: Johnson & Johnson (2), Moody’s (4), HP (5), NRG Energy (10), Microsoft (12), and The Clorox Company (17). (June 2024)

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2023

NRG Energy assisted the City of Pittsburgh and Western Pennsylvania Energy Consortium in achieving their renewable energy goals by purchasing competitively priced renewable energy and seamlessly embedding it into its current electricity supply, eliminating the need for onsite installation or significant upfront investments. Link.


NRG and the City of Houston join forces to plant 100,000 trees across the city, supporting beautification, improving air quality, and combatting heat in Houston’s underserved complete communities. Link.


NRG Completes Acquisition of Vivint Smart Home, Inc., Creating the Leading Essential Home Services Platform. Link.

2022

NRG Energy and Smart Energy Decisions Publish 2022 State of Decarbonization Study, Showing Reputational Risk and Cost Reduction are Top Motivators for Study Respondents in Their Pursuit to Decarbonize. Link.

2021

NRG Energy Recognized for Excellence in Greenhouse Gas Management at the 2021 Climate Leadership Awards for exemplary leadership in reducing carbon emissions and addressing climate change in the company’s operations and strategies. Link.


NRG Energy Named Champion of Board Diversity by The Forum of Executive Women, honoring the top public companies in the Greater Philadelphia Region with 30% or more women on their respective boards. Link.


NRG Energy NRG awarded for exemplary leadership in environmental initiatives established to drive environmental progress and impact global sustainability by 2021 SEAL Business Sustainability Awards. Link.


XPRIZE Announces the Two Winners of $20M NRG COSIA Carbon XPRIZE, with each team creating Valuable Products out of CO2 Emissions Both $7.5M Grand Prize Winners Developed Technologies Focused on Decarbonizing Concrete, the World’s Largest Material Industry. Link.


Committed to electrifying 100% of its light-duty fleet by 2030 and to annually reporting on its progress. It also joined the Climate Group EV100 initiative. (Nov 2021)
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Houston network for carbon capture and storage (CCS) — 11 petrochemical and energy companies—including CEF members Chevron, Dow, ExxonMobil, and NRG Energy— agreed to“begin discussing plans” to develop a hub of CCS projects in Houston, Texas, which Exxon proposed in April. The project is estimated to cost around $100 billion and, with "appropriate policies in place," could capture and store 50 million metric tons of CO2 annually by 2030 and 100 million per year by 2040. (Sept 2021)
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Carbon to Value (C2V) Initiative The group of business, government, and NGO stakeholders formed to accelerate a carbontech economy selected its first cohort of 10 startups working toward commercializing carbontech innovations. The companies will have opportunities to engage with C2V Carbontech Leadership Council members, which include ABInBev 100+ Accelerator, NRG Energy, and Unilever. (Aug 2021)
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2020

The City of Houston signed a 7-year contract with NRG Energy to purchase 100% renewable energy for all municipal operations. As a result, the City is estimated to save $65 million in electricity costs over the contract period. (April 2020)

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NRG Energy committed $2 million to support first responders, local communities, small businesses, and teachers. (April 2020)

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NRG Energy acquired Direct Energy from Centrica, adding an additional 3 million residential, small business, commercial, and industrial customers across North America in addition to an established natural gas retail platform.
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2019

NRG Energy joined a group of CEOs from more than 70 companies and union leaders, representing 12.5 million workers, and signed a joint statement  calling for the United States to stay in the Paris Agreement. (Dec 2019)

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Wells Fargo signed a 10-year agreement with NRG Energy subsidiary Reliant to purchase approximately 62,000 megawatt-hours of renewable energy annually to power 400 of its properties in Texas. (Oct 2019)

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NRG Energy joined a group of 87 companies to commit to set science-based climate targets in line with “limiting global temperature rise to 1.5°C above pre-industrial levels and reaching net-zero emissions by no later than 2050.” The commitments were made in response to a call-to-action issued by a group of business, civil society, and UN leaders. (Sep 2019)

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NRG Energy accelerated its science-based GHG emissions reduction goals to align with limiting global temperature rise to 1.5°C above pre-industrial levels. The company’s accelerated targets include plans to achieve its 50% reduction target by 2025 (five years ahead of schedule) and achieve net-zero emissions by 2050, surpassing its original goal of a 90% reduction. (Sep 2019)

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Recognized as one of 120 companies — out of more than 5,500 companies analyzed — on CDP’s Supplier Engagement leaderboard (“Global Supply Chain Report 2019”) for their work with suppliers to reduce emissions and lower environmental risks in the supply chain. (Feb 2019)

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