METRICS AND TARGETS: AT A GLANCE
Across environmental, social, and governance indicators, First Gen’s 2025 performance reflects a strong compliance record and improving engagement—with safety as the area where we have the most work to do.
Measuring What Matters.
First Gen monitors ESG metrics material to our stakeholders and to sustainable operations, giving us a view of our strengths and opportunities for improvement.
Targets as Accountability.
Specific benchmarks across air, water, safety, and governance serve as the concrete gauges of our progress.
Connected to Strategy.
These metrics and targets are directly linked to how we manage our capitals and deliver on our broader strategy, detailed further in the Materiality and Strategy sections of this report.
From Compliance to Performance
First Gen monitors ESG metrics material to our stakeholders and to the sustainability of our operations. Analyzing these metrics enables us to determine the effectiveness of our strategies and actions—tracking our overall progress toward our mission enables us to continuously refine how we act.
Beyond these compliance baselines, we are developing targets tied to our four KFAs: Energy Security and Resource Management, Ecosystems and Biodiversity, Climate-Resilient Host Communities, and Regenerative Business Models. All these show how we operationalize Good Choice #3: Total Stakeholder Value. (See Strategy Section).
Much of the sustainability work behind these KFAs already exists across the organization—EDC and our hydro operations each carry their own programs and metrics. What has been missing is a First Gen-level function to ensure coordinated action across the group and build an ESG metrics framework. The Corporate Sustainability team, with strategic direction from the Sustainability Steering Committee, will take on this work beginning 2026. (See Strategy section) Developing metrics and portfolio-level targets will be part of the annual planning process.
Environmental Pillar: Resource Stewardship
The environmental metrics below reflect our compliance baselines for how we manage air quality, water, and waste across our operations. These are the areas where targets and tracking are most established. Readers will find environmental performance data in the Natural Capital Section. What is not yet in place are consolidated targets at the First Gen portfolio level. Establishing those targets, anchored in confirmed baselines, is part of the annual planning process.
Social Pillar: Human Capital and Safety
Our social metrics reflect our commitments to the safety, rights, and engagement of our employees, contractors, and partners. Safety is the area where our 2025 performance fell short—we report that result below and are reviewing the contributing factors. Compliance with labor standards and governance of forced and child labor policies was maintained. Refer to the Human Capital section for broader people and culture performance data.
Governance: Ethical Foundation
Our governance target upholds the integrity and accountability that underpin every aspect of how we operate.
The ESG metrics we monitor and the targets we have established do not exist in isolation. They are embedded in the broader story of how we create and protect value. Building that capacity to measure that value more completely is the work ahead. The performance indicators for the ESG topics material to the Company and its stakeholders are presented in the Materiality section, and the results and analysis of our efforts and actions are detailed in the Value Creation section.