At Consumers Energy, we are working hard to leave it better than we found it. Our goal when it comes to sustainability practices is to be here for another 125 years by ensuring that we treat all of our stakeholders — customers, communities, and employees — as long-term partners for our mutual future success.
We learned this month that Consumers Energy performed well against industry peers in sustainable business practices during 2012, ranking in the first quartile when compared to 24 utility companies from around the U.S.
We worked with Sustainalytics to help measure how our efforts rank compared to similar utilities. Sustainalytics scored companies by measuring 68 environmental, social and governance indicators. We benchmarked ourselves against combination electric and natural gas utilities of similar size and generation portfolios.
Sustainable companies generally strive to achieve economic prosperity, social responsibility, and environmental quality. Research shows companies operating in a manner that’s environmentally sound and socially responsible out-perform their peers in the long haul. This is because they tend to weigh more factors, gather more diverse viewpoints and promote transparency when making decisions.
This year we began to establish targets for air emissions and water usage, develop a more sustainable supply chain, and empower employees to make a tangible difference in their communities. We’re also increasing our commitment to buying Michigan goods and services through the Pure Michigan Business Connect to $1 billion.
We are seeking to make decisions and adopt sustainable practices today which consider and safeguard the social, economic and environmental interests of tomorrow’s generation of Michigan citizens. Ensuring that future generations have affordable, reliable and increasingly clean energy is part of our Promise to Michigan.