Advancing Sustainability with Our Vendors
Our approach to sustainability focuses on minimizing waste, reusing materials, and exploring innovative recycling opportunities. By collaborating with key suppliers, we address environmental impacts related to energy use, waste management, water conservation, and transportation emissions. We actively engage with industry experts to foster shared learning, aiming for continuous improvement in our sustainability programs.
Upstream Impact: Sustainable Sourcing and Supplier Assessments
In 2024, we began developing a Sustainable Sourcing Policy to integrate environmental and social sustainability into procurement decisions. This policy sets standards for water conservation, waste reduction, climate risk mitigation, energy efficiency, and GHG emissions reductions, reinforcing our commitment to a circular economy. We also continued tracking 53 key suppliers through an annual assessment covering ESG factors, including climate action, human rights policies, and net-zero commitments. In 2025, we aim to enhance these assessments and deepen supplier collaboration for improved sustainability performance.
Downstream Impact: Investment Recovery and Circular Economy
Through our Investment Recovery Program, we effectively manage the sale and recycling of surplus, scrap, and end-of-life materials. In 2024, we recycled nearly 5,000 tons of mixed metals and cable and repurposed 115 tons of excess construction materials in partnership with suppliers. These initiatives reduce landfill waste, optimize resource efficiency, and contribute to a more circular economy.
Industry Collaboration and Sustainable Procurement
We continue to play an active role in industry groups such as the Sustainable Supply Chain Alliance (SSCA) and the Sustainable Purchasing Leadership Council (SPLC). These partnerships enable us to apply best practices in supply chain sustainability and contribute to a net-zero economy.
Our sustainability efforts also align with many of the United Nations Sustainable Development Goals (SDGs), reinforcing our commitment to addressing global challenges such as decent work and economic growth, climate action, and responsible consumption.
Supplier Diversity: Strengthening Communities and Economic Growth
For over 56 years, we have cultivated a strong network of local suppliers and small businesses, enhancing economic resilience throughout our service territory. We broadened our vendor pool and grew small business spending to over $780 million.
Supplier Sourcing Expenditures MWBE / Small Business Spend ($millions)
$800.0
$600.0
$400.0
$200.0
Figure 20
Our efforts included roundtables that connect local and small businesses with internal teams and establish community. Additionally, our Clean Energy Academy provides job training for subcontractors and low-income residents, supporting New York’s clean energy transition.
Ethical and Responsible Supply Chain Practices
We uphold strict ethical standards for our suppliers, requiring adherence to our Vendor Standards of Business Conduct (VSBC) and Statement on Human Rights. In 2024, 772 vendors completed our Sustainability Due Diligence Questionnaire (DDQ), helping ensure alignment with our values on human rights, fair labor practices, and environmental responsibility. Through responsible sourcing, supplier accountability, and continuous innovation, we remain committed to driving a sustainable, inclusive, and resilient supply chain.
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