2019 Sustainability Report
“The importance of electricity has never been more pronounced than it is today. Vistra is committed to providing affordable and reliable power to our nearly 5 million retail customers while also minimizing our impact on the environment, supporting our customers and the communities where we operate, and keeping our employees safe and healthy,” said Curt Morgan, Vistra’s president and CEO. “Since becoming a public company in 2016, Vistra has transformed its electricity generation portfolio from one that produced 70% of its output from coal to one that contributes less than 20% of its earnings from coal while also investing heavily in solar and battery storage facilities, with more to come. We are committed to being a leader in the climate change effort and have our sights set on reaching net-zero carbon emissions by 2050, which can be achieved through the continued rotation of our generation base, supportive public policy, and technological advancements.”
In addition to being an industry leader in the effort to address climate change, Vistra strives for excellence in employee safety, supply chain and employee diversity, community impact, and the customer experience. Vistra’s 2019 Annual Sustainability Report addresses these topics and more.
Climate Action 2030 / 2050
Texas Trees Foundation
TXU Energy has sponsored the TXU Energy Urban Tree Farm and Education Center since 2002. With their valuable sponsorship, this project is the nation’s largest-known urban tree farm. The four-acre TXU Energy Urban Tree Farm and Education Center at Richland College features state-of-the-art production and irrigation technology with the capacity to produce over 7,000 ten-gallon trees per planting season. Trees are offered to the public through programs like The Groves, Tree the Town, and Re-Leaf. Since 2002, Vistra Energy and its subsidiaries have provided nearly 300,000 trees to communities through the company’s tree donation efforts.
Since mining began more than 45 years ago, Luminant has reclaimed more than 80,000 acres for use as pastures, forests, wildlife habitat, and water resources, and the company has secured reclamation bond liability releases on 40,000 acres.
Over the last 44 years, Luminant has planted more than 41 million native trees as part of our reclamation program, including over 1.2 million in 2018. More than 30,700 acres of our reforested land are certified by the American Tree Farm System as sustainably managed woodlands, and the Federal Office of Surface Mining has indicated that we plant more trees annually than any mining company in the U.S.
Energy in Action is a corporate-wide initiative designed to support our existing spirit of volunteerism, facilitate and encourage more opportunities to give back to the communities we serve, and recognize employees for their dedication to helping others.
Worksite employee committees and employee resource groups are empowered to identify needs in their specific communities that meet guidelines and then donate volunteer time or cash grants.