Advancing CenterPoint Energy’s clean energy future and ESG strategy through ESG performance, disclosure and governance.
ESG Strategy and Oversight
CenterPoint Energy is committed to integrating our sustainability practices and ESG-related activities into our company strategy, enterprise risk management program and stakeholder engagement on progress and performance.
Net-zero
Emissions by
2035
Managing ESG at CenterPoint Energy:
- The Board of Directors’ Governance, Environmental and Sustainability Committee is the highest-level committee responsible for the oversight of the corporation’s risk management and performance related to environmental topics, including climate change and other ESG matters.
- Our Senior Vice President & General Counsel and Vice President of Corporate Sustainability engage with the Governance, Environmental and Sustainability Committee of the Board on ESG priorities, including risk management, provide executive leadership on ESG matters and monitor the implementation of the ESG program.
- Our ESG Council includes officers and other members of management who identify, evaluate and recommend strategic directions and opportunities that promote ESG objectives aligned with our strategy and goals.
- Our Corporate Sustainability Department implements the company’s ESG strategy and reporting, communications, data collection and responses to investor surveys, ratings and rankings.
CenterPoint Energy’s Board of Directors has charged the Board’s Governance, Environmental and Sustainability Committee with oversight responsibility of the company’s ESG strategy and initiatives. The Governance Committee receives regular reports from management on environmental and sustainability activities and risks, including risks related to climate change. The Governance Committee provides regular updates to the Board on ESG strategy and initiatives.
Governance, Environmental and Sustainability Committee
The Governance, Environmental and Sustainability Committee is responsible for assessing the company’s environmental and sustainability strategy and initiatives, including those relating to climate change. Senior management executes the company’s ESG strategy, which includes our commitment to a clean energy future by working with partners, customers, employees and other stakeholders to reduce carbon emissions across our operations and throughout the supply chain. Additionally, management periodically provides updates directly to the Board on the company’s environmental and sustainability activities.
Compensation Committee
The Compensation Committee assists the Board in discharging its oversight responsibility for the company’s human capital management matters, including diversity and inclusion initiatives and supplier diversity program. Management provides regular updates to the Compensation Committee on human capital management strategy and programs, and the Board is kept apprised of any developments in these areas. Additionally, management periodically provides updates directly to the Board on diversity and inclusion initiatives.
ESG Council
CenterPoint Energy established an ESG Council to identify, evaluate and recommend strategic directions and opportunities that promote ESG objectives aligned with our strategy and goals.
The ESG Council includes senior leadership representation from businesses and functions across the company – including Electric and Natural Gas Operations, Regulatory, Legal, Power Generation, Safety, Human Resources and Finance, along with regional leaders. The council is led by the Vice President of Corporate Sustainability, who provides regular reports on environmental compliance, sustainability and other related matters to the Governance, Environmental and Sustainability Committee of the Board.
A percentage of certain executive compensation is tied to ESG performance, such as safety and diversity and inclusion. Employees at all levels of the company contribute to achieving these goals.
