ABSTRACT

The costs of integrating sustainability practices into business operations are minimal and the potential return in terms of long-term benefit to shareholders can be significant. Power Generation uses the environmental management system (EMS) strategic planning tool to screen and prioritise the best potential environmental and sustainability practices identified in the review of other electric utility sector programmes and areas of highest interest to potential investors. The EMS has been shown to be a strong foundation for managing the environmental programme even when faced with significant changes in the asset portfolio and market structure. The company's environmental policy is to foster environmental excellence as a contributor to shareholder value. Communicating with internal and external stakeholders about the environmental programme is an important element of the EMS. The communication plans include regular reporting internally and externally regarding the progress in meeting environmental performance objectives and other initiatives.