Operating company staff engages with stakeholders to help ensure mutual priorities and goals are addressed. Built with the Largo WordPress Theme from the Institute for Nonprofit News. They consider evolving customer trends and preferences, industry and technology needs affecting our business, developments in the external landscape and policy considerations. In addition to this ongoing engagement, we conducted a special survey in 2017 to better understand our local stakeholders and their priorities related to corporate responsibility. Xcel has not asked the commission to approve a demand response product offering since the 2017 order, the alliance said. Xcel Energy’s stakeholders are those individuals and groups who affect or are affected by our business operations. Dec 2010 – Present 9 years 10 months. We use effective performance management techniques and compensation design to align employees around successful execution of our goals and efforts. Additionally, Plagemann has been elected as the chair of the Solar Energy … By reducing carbon emissions, we also decrease other environmental impacts, such as air emissions, waste and water use. Results from the survey helped to inform the content and focus for this report, as well as our efforts in general. Electricity, Gas, and Power – Past President of Utah Energy Users Association (made up of some of the larger businesses in the state) and served on Rocky Mountain Power’s advisory board. In a filing with regulators, the utility also warned that COVID-19 could raise concerns: “While it is too early to determine the full impact of the pandemic, we have experienced and continue to anticipate a temporary loss of demand response participation from both residential and business customers over the next several months impacting our 2020 forecast.”. Our operating companies execute on our corporate strategy and develop and implement plans that address corporate responsibility and fulfill our environmental and social responsibilities. Xcel Energy's response to COVID-19
The Operations, Nuclear, Environmental and Safety Committee oversees environmental strategy and compliance, safety and operational performance, customer service levels and all aspects of excellence in delivering electricity and natural gas service to customers. Xcel Energy Inc. is a utility holding company based in Minneapolis, Minnesota, serving more than 3.3 million electric customers and 1.8 million natural gas customers in Minnesota, Michigan, Wisconsin, North Dakota, South Dakota, Colorado, Texas and New Mexico in 2017. Build and maintain effective working relationships with the local governments in the communities and territories Xcel Energy serves, working with cross-functional teams as appropriate. His articles have appeared in more than 50 publications, including Minnesota Monthly, Wired, the Los Angeles Times, the Minneapolis Star Tribune, Minnesota Technology, Finance & Commerce and others. To fulfill this, we view our success today and in the future not simply as a measure of profit but equally as our broader impact on the public good. Learn more. The Energy News Network is an editorially independent project of
Running a successful business and cultivating a strong workforce. They fall within the following general categories: Our stakeholder engagement is far-reaching and transparent, with regular, ongoing business interactions and special meetings, presentations and proceedings before our state public utilities commissions. Inclusion and Diversity. Throughout our Corporate Responsibility Report, we demonstrate our leadership and progress in fulfilling our environmental, social governance responsibilities. In addition, it conducts an annual strategy session to consider new and emerging trends, consult with outside experts and assess current strategies and initiatives. Consequently, to the extent we are successful in addressing and managing these issues, we will be delivering real value. Policy staff develops strategy and engages on energy policy issues, including climate change, environmental policy and sustainability strategy. Resource plans are developed and analyzed for meeting customers’ future energy needs and achieving clean energy and other stakeholder priorities. Support customers and the communities we serve in attaining their energy conservation goals. Board committees and responsibilities related to corporate responsibility include: The Governance, Compensation and Nominating and Audit committees oversee respectively the Code of Conduct and corporate compliance. LEHI, Utah, Feb. 1, 2017 /PRNewswire/ -- Vivint Solar (NYSE: VSLR), a leading full-service residential solar provider, today announced the appointments of Thomas Plagemann to chief commercial officer and head of capital markets and Erica Dahl to vice president of public policy and government affairs. What's the point in filling your home with cool or warm air, only to have it disappear? . The Advanced Energy Management Alliance’s attorney, Ingrid E. Bjorklund of Bjorklund Law, said Xcel will deliver more demand response details to the commission in November. Government & Regulatory Affairs 500 West Russell Street P.O. The respondents represented a good mix of our local stakeholder categories and our service territory. Our account management and state and local affairs and community relations teams have always engaged with large customers, city and county governments, influential organizations and individuals, state legislators and policy makers to discuss important service and energy-related issues and projects. Our corporate vision is to be the preferred and trusted provider of the energy our customers need. As a leading combinat Our corporate vision is to be the preferred and trusted provider of the energy our customers need. Invest in the grid, including advanced technologies and transmission that enable more renewable energy, Reduce carbon and other emissions, improving environmental performance, Encourage and help enable the electrification or implementation of low-carbon solutions in other industries. . We have a tremendous obligation and opportunity to power people’s lives and possibilities with energy that they can trust to be safe, affordable and progressively clean. Transform our cost structure to become more efficient and customer focused, while investing in projects that reduce fuel and other expenses for customers. Lastly, respondents could add new issues and describe any sustainability goals that their own organizations may have and how Xcel Energy could help meet those goals. More About Making a Difference. Serve customers with cleaner, reliable energy through increased ownership of wind and solar generation and continued operation of our nuclear fleet. First, the respondents ranked their priority issue within five categories. Together, they bring the diverse perspectives and experience our company needs to be successful. We support our local communities as a partner in economic development, by assisting customers in need, and giving of our time, talent and financial resources. Find electrical engineering jobs, nuclear engineering jobs, mechanical engineering jobs, energy transmission jobs, energy … While all of these issues are important, we consider the issues highlighted in red to be focus areas. The survey was based on the 24 corporate responsibility issues we identified for our company. With a strong independent lead director, 12 of our 13 board members are independent and five self-identify as female and/or minority. Communities, including local government officials, nonprofits and community organizations, and advocacy groups, Personal account representatives for customers in need, Customer communications and account information, Service reliability and timely outage response, Energy affordability and money saving opportunities, Easy billing and online account management, Public safety materials, programs and advertising, Extensive energy-saving programs and tips, Online account management programs and the Xcel Energy app, Online outage map and improved outage communications, Bargaining unit negotiations and communications, Total Rewards statement and tools, such as My Financial Future planning tool, Professional development resources and tuition reimbursement, I Deliver and Innovator recognition awards, Print, electronic and video communications, Volunteer activities and paid-time-off program, United Way campaigns and matching gift program, Grassroots political events and political action committees, Project-specific stakeholder meetings and open house events, Xcel Energy Foundation giving and United Way campaigns, Employee volunteer programs and community board support, Renewable choice and energy efficiency programs, Political action committees and grassroots employee events, Climate change and greenhouse gas emissions, Continuous improvement and cost management, Corporate environmental policy and environmental management system, Voluntary emissions reduction initiatives, Highly rated corporate governance program, Investor meetings, presentations and teleconferences, Annual report, 10-K, 10-Q, proxy, financial press releases and other disclosures, Stock appreciation and company growth prospects, Meet long-term EPS and dividend growth objectives, Deliver a superior total shareholder return relative to our peer group, Corporate strategy that includes a fair return on investment, utility business investment and stakeholder alignment, Clean energy leadership and Steel for Fuel strategy, Highly rated corporate governance programs, Investor relations communications and mobile app. A 1,4000-megawatt demand response program could significantly shave peak demand, according to a Brattle Group study. We are strongly committed to the communities we serve. If you’re looking to lead at a company that is committed to excellence, safety and environmental stewardship, with plenty of room to grow, consider a position at Xcel Energy. The corporate responsibility survey was conducted internally and designed to have stakeholders identify their top priorities for Xcel Energy’s corporate responsibility efforts. Increase the use of economic renewables and position the power grid as a platform for new energy services. Continue to pursue a cost-effective clean energy strategy to reduce carbon and other air emissions. We pride ourselves on being your trusted energy provider. We put special emphasis on 10 focus areas that our stakeholders identified as being of most interest to them through a survey conducted in early 2017. Area Manager, Community and Local Government Affairs Xcel Energy. Strategies and key initiatives are crafted and executed to strike a balance between reliability, affordability and environmental impact. Martin Doern Senior Director, Federal Government Affairs at Xcel Energy Washington, District Of Columbia 500+ connections Community Relations Managers. Based on stakeholder engagement, research and participation in a number of industry and sustainability forums, we have identified 24 major corporate responsibility issues for Xcel Energy. President/CEO Jefferson Economic Council. Amy successfully re-designed and managed Xcel Energy’s political action committee in Colorado and six other states. Manager, State Government Affairs Xcel Energy January 2011 – Present 8 years 10 months. In early 2017, using the Global Reporting Initiative methodology to guide us, we conducted an online survey with nearly 1,000 stakeholders to understand which issues are currently most important to the individuals and organizations within our service territory, as well as within our own organization. Xcel Energy Mar 2002 – Present18 years 6 months Direct the lobbying efforts of two other in-house lobbyists and five contract lobbyists on behalf of Xcel Energy in the Minnesota Legislature … Cultivating a workforce that is equally dynamic, highly skilled and customer focused is one of our most important investments. *Often overlaps with community stakeholders. We also have a strong presence in our service territory through our community giving and volunteer support of community initiatives and programs. Supporters of the group’s arguments were Clean Energy Economy Minnesota and the city of Minneapolis. Find more about corporate governance in our 2019 Proxy Statement. 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