ST. LOUIS, April 27, 2017 /PRNewswire/ -- The 2017
Corporate Social Responsibility Report for Ameren Corporation
(NYSE: AEE) is now available at AmerenCSR.com. The voluntary report
details Ameren's commitment to energy sustainability and the
company's responsibilities to its many stakeholders.
The report addresses a range of topics, including environmental
performance, community betterment and financial strength.
"Operating in a sustainable way requires us to carefully balance
multiple priorities," said Warner L.
Baxter, Ameren's chairman, president and chief executive
officer. "First, we have a responsibility to our customers and the
communities we serve – we remain focused on delivering superior
customer value, including very good reliability at reasonable
prices. We also have a responsibility to shareholders, who are
Ameren's owners, and to our co-workers, with safety being one of
our core values. And of course we have a responsibility to be good
stewards of the environment and our shared world."
Report highlights include:
- Cleaner air: Ameren has achieved significant decreases
in emissions at its coal-fired energy centers since 2005. Carbon
dioxide (CO2) emissions dropped by 26 percent, nitrogen
oxide (NOx) emissions dropped by 44 percent and sulfur
dioxide (SO2) emissions were reduced by 63 percent.
- Economic Impact: Serving as an economic engine in
Illinois and Missouri, Ameren made more than $2 billion of capital expenditures in 2016,
supported a payroll of $994 million
and paid $467 million in state and
local taxes.
- Customer Value: Ameren Missouri's and Ameren Illinois'
electric rates remain below the Midwest and U.S. averages. Even
though Ameren's prices are comparatively low, some customers need
extra help, which is why Ameren partners with social agencies to
administer bill assistance programs funded by company and customer
contributions.
- Reliability: Ameren's electric distribution reliability
performance has improved, as measured by the System Average
Interruption Frequency Index (SAIFI). This important industry
measure shows how Ameren has reduced the total number of
interruptions per customer served per year.
- Charitable giving: Ameren contributed nearly
$7.3 million in 2016 to nearly 1,000
nonprofit organizations throughout the two-state region.
- Financial performance: Ameren shareholders have seen a
total cumulative shareholder return of 63 percent over the
three-year period from Dec. 31, 2013,
through Dec. 31, 2016, performance
that beat indices such as the S&P 500 Utilities and
Philadelphia Utility Index.
In October 2017, Ameren Missouri
will release its updated 20-year energy generation plan. Baxter
previewed this update in a video message that's part of the
report.
"We remain committed to transitioning to a cleaner, more diverse
generation portfolio in a responsible fashion," Baxter said.
Baxter continued: "Our vision – 'Leading the Way to a Secure
Energy Future' – describes the future we work to enable: a future
with cleaner energy and a stronger, smarter grid capable of
delivering the products and services our customers value most,
while delivering the long-term economic growth of the communities
we serve and delivering superior value to the shareholders to whom
we are accountable."
St. Louis-based Ameren
Corporation powers the quality of life for 2.4 million electric
customers and more than 900,000 natural gas customers in a
64,000-square-mile area through its Ameren Missouri and Ameren
Illinois rate-regulated utility subsidiaries. Ameren Illinois
provides electric delivery and transmission service as well as
natural gas delivery service. Ameren Missouri provides vertically
integrated electric service, with generating capacity of over
10,200 megawatts, and natural gas delivery service. Ameren
Transmission Company of Illinois
develops regional electric transmission projects. For more
information, visit Ameren.com, or follow us at @AmerenCorp,
Facebook.com/AmerenCorp or LinkedIn/company/Ameren.
Download - Ameren's two-page summary PDF
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SOURCE Ameren Corporation