2023 Sustainability Report
Highlighting examples of progress made towards Amp’s sustainability objectives & ESG Materiality Matrix.
Message from our Founder & CEO
As the global transition to a low-carbon future continues to accelerate at an unprecedented pace, Amp is positioned to play a leading role in this transformative era. Just as the renewable energy sector is ever-changing, Amp continues evolving to ensure we remain at the forefront of sustainable innovation. As part of this approach, we have re-evaluated our corporate mission to identify where we can generate the greatest value for our stakeholders, while continuing to ensure our impact is measurable and growing.
The result has been a strategic expansion into exciting markets that are directly shaping the future. In addition to Amp X, our platform for creating digital, transactive-ready power grids, we have launched two new divisions.
The first is Amp Z, a fully integrated AI data center, cloud computing, and behind-the-meter power platform, delivering fast, flexible cloud compute specialized for intensive AI workloads to enterprise and government markets. Positioned at the intersection of AI and the energy transition, Amp Z carries out our commitment to provide unparalleled value and impact.
We have also launched Amp Advanced Fuels, a platform dedicated to the decarbonization of heavy-polluting industries that cannot rely solely on electrification. Amp Advanced Fuels primarily focuses on green hydrogen and ammonia, fuels that are essential for decarbonizing sectors such as industrial chemicals, steelmaking, mining and international shipping.
As a company, Amp now develops clean energy projects, large-scale battery storage, digital energy services, next-gen AI hubs, and clean liquid fuels: the core elements of tomorrow’s green economy. We remain committed to accelerating the global shift to renewable energy and electrification, while continually extending our reach into new industries and markets. We are more energized now than ever before for the next exciting chapter in our company’s important journey. Together, we are not just adapting to the future; we are actively shaping it.
Dave Rogers
C02e Avoided from the Grid in 2023:
146,728Metric Tons of C02e
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16,510,408Gallons of gasoline consumed
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34,922Gas-powered passenger vehicles driven for one year
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28,958Homes' electricity use for one year
Community Engagement
At Amp, we have a local mindset backed by a global reach. In addition to reducing carbon emission, we believe renewables can also be a critical driver of economic and social empowerment.
Our renewable energy projects engage a broad range of stakeholders to create lasting relationships and stronger communities. Through our networks of local development partners, we work to understand each region's history, address its current needs, and develop a cleaner vision for the future.
Environmental Leadership
With climate change impacting the entire world, Amp strives to be an environmental leader with a bold vision for the future. We believe renewable energy is the engine of the new economy, and that business growth and sustainability go hand-in-hand.
We are committed to supporting nature and biodiversity, and work to ensure our clean energy projects also drive positive and sustainable environmental change.
In 2022 we intensified our focus on climate change and reducing our Scope 3 emissions. Working with a key investor, we performed an extensive climate scenario analysis to quantify physical and transition risks on an asset-specific basis.
In parallel, our procurement teams established a supplier mapping framework and direct communication channels with Amp’s service and equipment providers. We requested greenhouse gas (GHG) emission
data and reinforced our commitment to sustainable and ethical sourcing practices.
Overall, our efforts in 2022 helped to expand the benefits of clean energy and drive social and environmental change that will benefit our world for years to come.
I am inspired to be part of an exceptional team dedicated to expediting the energy transition and helping power grids, corporations, and countries achieve their net-zero targets. Working toward such a noble goal inspires us to do better every day, knowing we are actively driving positive change.
Olta Cibuku, Head of ESG
Delivering a Microgrid for a remote First Nations community, 100km from the nearest electricity grid
Located 100km from the nearest electricity grid in British Columbia, Canada, the Nemiah Valley is home to the Xeni Gwet'in band of the Tsilhqot'in people. In collaboration with the Xeni Gwet'in Chief and community leaders, our team has delivered a solar + battery storage microgrid to provide reliable energy, while offsetting carbon intensive diesel generators and reducing the cost of energy for the community.