Publication Date: May 17, 2017
Reporting Period: Jan. 1, 2016 – Dec. 31, 2016
Date of Previous Report: May 2016 (for 2015)
Reporting Cycle: Annual
Report Boundary: Xcel Energy and its four utility subsidiaries
Contact Point: email@example.com
Xcel Energy’s Corporate Responsibility Report covers the company’s economic, environmental and social performance. We report on key initiatives, performance indicators and disclosures important to stakeholders and Xcel Energy, as we continue to provide high quality energy service and meet the challenges of a changing energy marketplace. Our corporate responsibility is all about driving and creating a more sustainable energy future for the customers and communities we serve.
This year marks the 13th year we have published this report. Our first Corporate Responsibility Report (formerly known as the Triple Bottom Line report) was published in April 2005, with the contents covering the 2004 calendar year, and we have published a similar report in each following year. In 2012, we began publishing the full report online. We believe the online format provides easier access to information for our stakeholders. To raise awareness for our reporting and encourage stakeholders to access the report online, we print a highlights brochure that is distributed at our annual shareholders’ meeting and at other events throughout the year. We also provide links to the report throughout our corporate website, xcelenergy.com.
Our ongoing goal for this report is to improve transparency and to meet the different information needs of the stakeholders that use it. With this in mind, we provide different levels of information.
Xcel Energy continues to base its Corporate Responsibility Report on Global Reporting Initiative (GRI) guidelines, which we have used since 2008. This year’s report is based on GRI’s G4 guidelines in accordance with the Core option and the Electric Utilities Sector Specific Supplement. We have tried to meet the intent and follow the G4 guidelines as closely as possible; however, there are instances where we track information for disclosure differently or not at all, based on our company or stakeholder information needs. For more information, please see the GRI G4 Content Index.
In accordance with the GRI G4 guidelines, our report is built on 24 issues related to our environmental, social and economic performance that we have identified as important to stakeholders and our company.
Learn more about our stakeholder engagement and identification of these issues.
Except for the historical statements contained in this release, the matters discussed herein, are forward-looking statements that are subject to certain risks, uncertainties and assumptions. Such forward-looking statements, including our 2017 earnings per share guidance and assumptions, are intended to be identified in this document by the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “objective,” “outlook,” “plan,” “project,” “possible,” “potential,” “should” and similar expressions. Actual results may vary materially. Forward-looking statements speak only as of the date they are made and we expressly disclaim any obligation to update any forward-looking information. The following factors, in addition to those discussed in Xcel Energy’s Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2016 and subsequent securities filings, could cause actual results to differ materially from management expectations as suggested by such forward-looking information: general economic conditions, including inflation rates, monetary fluctuations and their impact on capital expenditures and the ability of Xcel Energy Inc. and its subsidiaries (collectively, Xcel Energy) to obtain financing on favorable terms; business conditions in the energy industry; including the risk of a slowdown in the U.S. economy or delay in growth, recovery, trade, fiscal, taxation and environmental policies in areas where Xcel Energy has a financial interest; customer business conditions; actions of credit rating agencies; competitive factors including the extent and timing of the entry of additional competition in the markets served by Xcel Energy; unusual weather; effects of geopolitical events, including war and acts of terrorism; cyber security threats and data security breaches; state, federal and foreign legislative and regulatory initiatives that affect cost and investment recovery, have an impact on rates or have an impact on asset operation or ownership or impose environmental compliance conditions; structures that affect the speed and degree to which competition enters the electric and natural gas markets; costs and other effects of legal and administrative proceedings, settlements, investigations and claims; financial or regulatory accounting policies imposed by regulatory bodies; outcomes of regulatory proceedings; availability or cost of capital; and employee work force factors.
We'd welcome your feedback!
Thank you for visiting Xcel Energy. You have been selected to participate in a brief customer satisfaction survey to let us know how we can improve your experience.
The survey is designed to measure your entire experience, so please look for it at the conclusion of your visit
This survey is conducted by an independent company MaritzCX, on behalf of the site you are visiting.