|NYPA's Sustainability Achievements Promote a Cleaner, Greener Economy for New York|
|2011 Report Details Projects That Save Money and Megawatts While Avoiding Emissions, Advancing Green Buildings, Increasing Transparency and Expanding Diversity|
|Jill Murman Payne|
|May 30, 2012|
|FOR IMMEDIATE RELEASE|
WHITE PLAINS—The New York Power Authority (NYPA) today announced the issuance of its Sustainability Annual Report for 2011, providing details of ongoing efforts to have NYPA’s statewide operations achieve the goals of environmental stewardship, economic prosperity and social equity.
“The Power Authority’s sustainability initiative is consistent with Governor Cuomo’s commitment to protect our state’s natural resources while revitalizing its economy, for the benefit of all New Yorkers,” said Gil C. Quiniones, NYPA president and chief executive officer. “Our Sustainability Annual Report demonstrates the many ways NYPA is safeguarding the environment while providing the people of New York with reliable supplies of clean, economical electricity and improving the state’s energy efficiency.”
Titled “Another Year of Progress,” the 2011 Sustainability Annual Report demonstrates how NYPA is implementing projects to achieve the goals established in the Power Authority’s Sustainability Action Plan, which was first released in January 2010. The plan outlines five major areas in which NYPA seeks to become more sustainable through specific action items. The five key areas are: workplace, community, environment, marketplace and operations.
While the Power Authority’s sustainability initiative is being advanced by NYPA employees throughout the state, it also seeks the participation of stakeholders that range from government officials to business leaders to representatives of community groups. Carrying out this complex endeavor is NYPA’s new sustainability manager, Kerry-Jane King, who previously led the Power Authority’s extensive electric transportation program.
“The Power Authority already has an admirable track record of sustainability, with almost 80 percent of our generation coming from hydropower,” King said. “Over the years, we’ve also financed close to $1.5 billion in energy efficiency and clean energy projects while supporting economic development opportunities across the state. We expect to continue these efforts and more as we partner with other groups and individuals seeking to create a more sustainable New York.”
NYPA’s Sustainability Annual Report follows guidelines set by the Global Reporting Initiative (GRI), an international organization established to help companies measure and report on their sustainability performance in terms of economic, environmental and social impacts.
Among NYPA’s 2011 sustainable accomplishments are:
■The New York Power Authority uses no tax money or state credit. It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. ■NYPA is a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives.■It is the nation's largest state public power organization, with 17 generating facilities in various parts of New York State and more than 1,400 circuit-miles of transmission lines. ■Approximately 80 percent of the electricity it produces is clean renewable hydropower. Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state.■For more information, www.nypa.gov
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