For decades, we've used reports like this website to communicate with our stakeholders about corporate responsibility.
At NextEra Energy, we see value in building relationships with a wide range of stakeholders. At the heart of these relationships is our belief in open, transparent communication. For decades, we've used reports like this website to communicate with our stakeholders. Starting in the mid-1970s, our core electric utility, Florida Power & Light Company (FPL), began regular public reporting on its environmental performance in the form of environmental reports. Over time, these reports became broader in scope and more detailed.
NextEra Energy has produced detailed corporate responsibility reports, now referred to as the sustainability website, since 2007. We have always tried to ensure these reports deliver content that key stakeholders value, and we have adopted industry best practices where possible. The 2013 edition of our reporting featured for the first time a digital experience for web, tablet and mobile, a format that we've further enhanced with our 2017 website, in which our corporate responsibility information is no longer published in a traditional, standalone report format, but within an interactive website.
As in past years, this 2020 website includes mainly activities for the previous fiscal year and covers operations in the United States and Canada for NextEra Energy's businesses and subsidiaries -- including FPL, NextEra Energy Resources and Gulf Power -- in addition to certain aspects of our relationships with our suppliers.
In producing the current website, we have used generally accepted reporting measures in the electric utility industry.
We also use the Global Reporting Initiative (GRI) Sustainability Reporting Standards to help guide our reporting. The By the Numbers section provides more detailed numerical data on our sustainability activities.
Much of the information contained within this website is also reported to state and federal regulatory agencies such as state public service commissions, the U.S. Securities and Exchange Commission, the U.S. Federal Energy Regulatory Commission, the U.S. Nuclear Regulatory Commission, the U.S. Environmental Protection Agency and other agencies.
Reporting period and boundary: Most of the data provided in this website through facts and figures is based on activities during fiscal year 2019. In some cases, information from early 2020 has been included. Operations included in this report include those owned or managed by NextEra Energy and its primary subsidiaries.
Date of current issue: July 2020
Sustainability is at the root of NextEra Energy's business model and is embedded throughout the company.
Our approach to sustainability engages all levels of the company from the board of directors to our employees. Sustainable business practices are embedded throughout the company as we execute our long-term strategy.
Board of directors – With sustainability core to our business, the board’s oversight of the execution of NextEra Energy’s strategy includes providing oversight of issues which could impact the long-term sustainability of our company. Additionally, through annual in-depth strategy sessions and regular updates on each business, the board effectively oversees opportunities and risks, including those related to our environmental, social and governance responsibilities.
Board committees - Each board committee, composed entirely of independent directors, oversees different areas of opportunities and risks related to sustainability and communicates key findings to the full board.
Chief executive officer – Our chairman and CEO has ultimate responsibility for the company’s sustainability performance and long-term success.
Executive leadership – As our leaders execute our long-term growth plan and key initiatives, they implement our sustainability vision. Leaders are responsible for achieving specific goals tied to sustainability as we deliver long-term value.
Sustainability executive steering committee and sustainability council – Composed of key business unit representatives across the organization, the council focuses on proactively addressing sustainability issues and policies and driving strategic initiatives across the company. The council reports to, and receives feedback from, the executive steering committee semi-annually.
Employees – By delivering on their strategic goals and objectives, our employees are key to driving our company’s sustainability efforts and delivering value to all stakeholders.