Reporting Approach

Materiality

We selected the topics and data to include in this sustainability report based on the issues that we understand are important to our stakeholders and to our business strategy. These issues often overlap, as the views of our stakeholders and the decisions they take are significant drivers of our business success. We are also anticipating the future of the energy industry, and our business strategy is focused on how we continue to transform to lead the way in meeting the demand for cleaner, more affordable energy.

We draw on the opinions and insights shared by our stakeholders in our many daily interactions across the markets we serve. These can include meetings, conferences and events, customer and employee surveys, customer service channels, and reviewing media coverage. Our stakeholders include, but are not limited to, our customers, shareholders, employees, our communities, regulators and government, industry associations, business partners, suppliers and NGOs.

In 2016 we also conducted a comparative review of sustainability materiality assessments for the electric utilities industry, many of which were developed using multi-stakeholder input, including:

• CEA sustainability materiality matrix for the Canadian electric utility industry 2014
• Sustainability Accounting Standards Board (SASB) Electric Utilities Research Brief 2016
• RobescoSAM Defining What Matters – Mining, Metals and Electric Utilities 2016
• EPRI Material Issues for the North American Electric Power Industry 2013
• GRI G4 Sector Disclosures Electric Utilities 2013

Based on this approach, we believe the following list of issues best represents the current social, economic and environmental issues that are important for us to focus on at this time. It also guided the selection of topics and data included in this report.

As this is Emera’s first sustainability report, this list of topics may be further refined in future based on the evolving interests of our stakeholders and our strategic focus.

Report methodology, scope and boundaries

This voluntary sustainability report is based on corporate performance for the 2016 calendar year, unless otherwise stated. “Emera” refers to Emera Inc. and its affiliates. It applies the same reporting boundaries as the 2016 Emera Annual Report. It includes consolidated data and stories covering Emera’s wholly owned affiliates and subsidiaries where Emera has operational control, unless otherwise stated. It also includes partial reporting (stories only) of Emera’s investments with an explanation of the nature of Emera’s involvement. Financial figures related to TECO, which includes Tampa Electric, Peoples Gas and New Mexico Gas, are reported as of July 1, 2016, the date on which we closed our merger.

This report has been informed by the GRI Standards methodology and uses indicators derived from the GRI Standards (2016), GRI G4 Sector Disclosures Electric Utilities (2013), the Edison Electric Institute Sustainability Metrics (2017) and the SASB Electric Utilities Research Brief 2016.

View our Sustainability Data.

Sustainability governance

Driven by Emera’s business strategy, sustainability issues are managed day-to-day within each business unit across the company, reporting to the respective executive team members.   Affiliate and corporate-level scorecards contain targets relevant to our sustainability performance to ensure our strategic goals are delivered.

At the executive level, our sustainability program is the responsibility of the Executive Vice President of Stakeholder Relations & Public Affairs, who reports to the Chief Operating Officer.

At the board level, the Health, Safety and Environment Committee has oversight of all issues related to these specific issues.   All other sustainability issues are reported the full Emera Board at their regular meetings throughout the year.

The Emera Code of Conduct sets out the ethical standards and behaviours expected of all our employees.