ESG Report

Dear Stakeholders,

Powering the world’s biggest economy and ensuring our nation continues to grow and prosper requires abundant, affordable, reliable electricity. In 2024, Clearway’s fleet of wind, solar, energy storage and flexible natural gas assets delivered all those things. It produced 17 million megawatt hours of zero- or low-carbon electricity – enough to supply the equivalent of more than 2 million homes across 26 states.

We believe Clearway is setting the gold standard for what it means to be a leading all-of-the-above energy company in the United States. The made-in-America electricity we produce helps businesses be competitive. It makes energy costs manageable for families. And, through our construction and operations activities, the work of delivering this clean electricity also provides substantial economic benefits – to landowners, small and large businesses, and communities throughout the country.

In 2024, we achieved notable successes in our environmental, social, and governance (ESG) performance. Importantly, 95%^[1] of the electricity we generated had zero emissions, and 84% of our revenues came from activities that didn’t produce greenhouse gases. There are few, if any, companies of our size in the electric power generation industry that can boast of a fleet that is as clean and reliable as ours.

Also, in 2024 we further expanded our support for the communities that host our operations, reaching a new record of more than $1.5 million in donations, sponsorships, and support for nonprofit organizations from Clearway and its employees. We’re proud of what this investment represents in aggregate but are even prouder of what it has enabled for individuals and communities.

In this report, you’ll read about land Clearway donated for a new emergency service center in West Virginia, funding we provided for fire departments and support for school drives, senior centers, food banks, community festivals, and a whole host of other contributions we made – not to mention countless hours of volunteering from team members in communities across the country.

Amidst all this activity, we reached an important goal a year ahead of schedule: 100% of our renewable energy sites larger than 50 MW in size now have community engagement plans and participate in our Adopt-a-School program. In Riverside County, California, Eagle Mountain Elementary School students are enjoying a new playground and funding for other projects, and they and local community members joined us at the Victory Pass and Arica solar and storage project ribbon cutting.

Finally, our Clearway LEADS supplier diversity policy continued to drive positive change. Implemented in 2022, it promotes purchasing from Local, Environmentally Aware, Diverse, and Small businesses – and in 2024 we raised the bar to reach 2.5% of our total expenditures going to LEADS businesses. Our LEADS program helps people of all walks of life get ahead, reduces the environmental impacts within our supply chain, and is expanding industry across the American heartland.

These accomplishments and so many others speak to the commitment and dedication our staff bring to running our company in accordance with our deeply held values. To that point, I’m pleased to report that Newsweek declared us last year to be one of America’s Most Responsible Companies.

All in all, over 2024 the Clearway team demonstrated resourcefulness, adaptability and resiliency while achieving our best safety performance ever – the measure of success we look to above all others. We’re proud to be delivering clean, affordable, reliable electricity so our nation’s economy can flourish. We look forward to continuing to do this for years to come – with deeply rooted values, and growing scale.

Thank you for your interest in our ESG report and our ongoing efforts to be a leader in sustainability.

Craig Cornelius
CEO, Clearway Energy Group
CEO, Clearway Energy, Inc.

^[1] Note: Our ESG reporting uses generation figures based on net capacity owned, whereas Clearway Energy, Inc.’s 10-K uses generation figures based on gross capacity owned.