Otter Tail Power Company

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Otter Tail Power Company disclosed greenhouse gas emissions of 2.6 million tons CO2e (2023). By scope: Scope 1: 2.4M tCO2e; Scope 2: 60.8K tCO2e; Scope 3: 1.1M tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
2.6 million tons CO2e (2023)
2023
⚡
Renewable Energy
37% (owned and contracted generation, excludes MISO market purchases)
of total energy
💧
Water Usage
910.2 million gallons consumptive, 38.8 million gallons non-consumptive (2023)
2023
♻️
Waste
5.2 metric tons of hazardous waste disposed (2023)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).2.4M tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.60.8K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.1M tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Install remaining 174,000 AMI meters by early 2025.

📅 Medium-term

  • Own or contract energy generation that is 55% renewable by 2030 (excludes MISO market purchases).
  • Reduce carbon emissions from owned generation resources 50% by 2030.

🔭 Long-term

  • Reduce carbon emissions from owned generation resources 97% by 2050.
  • Approximately 70% of energy delivery mix will be renewables by 2050.

🌱 ESG Focus Areas

Energy and EnvironmentSocialGovernance

⚠️ Challenges & Risks +

  • Increased costs to maintain a safe and reliable system while meeting growing electricity demand.
  • Changes in customer mix.
  • Cybersecurity incidents posing a threat to customer, employee, and vendor data privacy and reliable operation of the electric system.
  • Evolving regulations for fossil fuel-fired plants (Greenhouse gas regulations, Regional Haze Rule, Mercury and Air Toxics Standards Rule, Coal Combustion Residuals Rule).

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, SASB, TCFD