Sustainability

What we mean

by clean.

Sustainability shouldn’t be about compliance, it should be about vision. We’ve implemented our own standards on top of internationally recognized guidelines, and made sure to follow through at every level.

Our Sustainability Timeline

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  • The Heart of Texas Wind Project became manager of the Broad Heart Preserve, in place to permanently conserve habitat for the Black-capped Vireo.

  • By the end of 2020, Scout projects will offset the equivalent of 2.4 million metric tons of CO2.

  • Scout partners with American Wind Wildlife Institute, facilitating timely and responsible wind development. awwi.org 

  • With the completion of the Ranchero Wind Farm in Texas, Scout projects reach 500MW in operation.

  • Scout completes its first Avian Conservation Study for a wind project in development

  • Scout completes it’s first Environmental Site Assessment report for a wind project in development

  • 2017-Scout adopted sustainability goals set by Quinbrook Infrastructure Partners

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Clear Vision

Scout’s goals are aligned with the global
UN Sustainability Goals, specifically:

1

Provide Affordable Clean Energy

2

Support Decent Work and Economic Growth

3

Build and maintain Innovation and Infrastructure

4

Build and maintain assets to support Sustainable Cities and Communities

5

Take direct Climate Action, and, more broadly..

6

Support the growth in clean energy to help wider issues

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Scout has committed to the Equator Principles standard for determining, assessing and managing environmental and social risk.

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We are a portfolio member of, and report regularly to, Quinbrook Infrastructure Partners, a clean energy fund.

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Why Invest in Clean Energy?

As the need to address climate change become more pressing, more companies are discovering that it’s not just good for the environment, it’s great for the bottom line.

Forbes: Clean Energy Is An Investment, Not A Cost

“…heading off the worst of climate change by investing in renewables and other means is projected to add $20 trillion to global GDP by the end of the century. In the near term, investment in renewables is good for jobs. U.S. wind and solar power employment, effectively nil at the start of the millennium, grew to 457,000 in 2017. That compares to 159,000 coal and natural gas jobs in electric power generation.”

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Bloomberg: Shell Leads Big Oil in the Race to Invest in Clean Energy

“Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell Plc leading a group of European companies that are well ahead of their U.S. rivals.”

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US Department of Energy on Clean Energy

“A clean energy revolution is taking place across America, underscored by the steady expansion of the U.S. renewable energy sector. The clean energy industry generates hundreds of billions in economic activity, and is expected to continue to grow rapidly in the coming years. There is tremendous economic opportunity for the countries that invent, manufacture and export clean energy technologies.”

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BlackRock Investing: Sustainability as BlackRock’s New Standard for Investing

“Over the past few years, more and more of our clients have focused on the impact of sustainability on their portfolios. This shift has been driven by an increased understanding of how sustainability-related factors can affect economic growth, asset values, and financial markets as a whole.”

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