MASHINIi

Calpine.

CPN.US | Electric power generation, transmission and distribution

Calpine Corporation is a power generation company. It owns and operates natural gas-fired and geothermal power plants in North America. The company's power plants generate electricity, which it sells to utilities, independent power producers, and other customers. Calpine's primary business is the ge...Show More

Ethical Profile

Mixed.

Calpine presents a mixed ethical profile. Concerns regarding worker respect have been raised, notably during a unionization effort at its Delta Power Plant where 77% of workers voted for union representation, allegedly amidst an anti-union campaign, citing pay disparity and excessive work hours. Glassdoor reviews show a 4.3/5 employee rating, though some critics cite 'messy management.' Environmentally, Calpine's operations generated 48.9 million tCO2e in Scope 1 emissions in 2023, lacking public Scope 2/3 reporting or SBTi targets. Yet, the company is advancing decarbonization projects, like the Sutter Energy Center project, aiming to capture 95% of CO2. Calpine also reinvested approximately $2.4 million in community benefits in 2023.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-60
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No information relevant to the 'Better Health for All' ethical value was found in the provided articles for CPN.US. The articles either contained no content

1
,
2
or explicitly stated they had no data relevant to this value
3
.

Fair Money & Economic Opportunity

0

Calpine Corporation is a power generation company that generates and sells electricity.

1
The 'Fair Money & Economic Opportunity' value and its associated KPIs are designed to assess financial institutions and companies involved in lending, insuring, moving, or storing money, focusing on financial inclusion and wealth uplift. As Calpine's core business lies outside the financial services sector, it does not offer consumer lending or deposit services, financial products, or operate financial service access points. Therefore, all KPIs are scored 0, indicating they are not applicable to the company's business model.

Fair Pay & Worker Respect

20

87% of employees would recommend Calpine.

1

Fair Trade & Ethical Sourcing

0

No relevant data was found in the provided article to assess Calpine (CPN.US) against the 'Fair Trade & Ethical Sourcing' value. The article explicitly states it is insufficient to extract any quantitative data, regulatory actions, certifications, or comparisons.

1

Honest & Fair Business

-20

Calpine maintains an "Open Door Policy" and ethics hotline for employees and suppliers to voice concerns without fear of retaliation.

1
The hotline is managed by an independent compliance organization to ensure anonymity.
2
, and a five-person Hotline Committee oversees investigations and ensures timely corrective actions.
3
All employees are required to annually acknowledge reading the Code of Conduct.
4
In 2023, there were 12 hotline inquiries.
5
However, the effectiveness of the program is not publicly measured.

Kind to Animals

0

Calpine's core business of power generation means that many animal-related KPIs are not applicable, as the company does not produce animal-derived products, engage in animal testing, or operate animal agriculture. While Calpine conducts general supplier audits and has a Supplier Code of Conduct

1
, there is no evidence specific to animal welfare compliance. The company advocates for market-based policies prioritizing environmental responsibility
2
and is a member of various climate and energy groups
3
, but there is no evidence of engagement in animal welfare policy. Although Calpine has been involved in land conservation, including protecting over 5,800 contiguous acres that support more than 250 species of wildlife and their migration routes
4
, and provides drinking water for wildlife
5
, the evidence does not provide the specific quantitative metrics (such as percentage of revenue or documented population increases) required by the rubric's positive tiers for wildlife conservation impact.

No War, No Weapons

0

No evidence was found in the provided article to assess Calpine (CPN.US) against any of the 'No War, No Weapons' KPIs. The article focuses on the company's sustainability efforts in clean energy, water conservation, and energy efficiency, without mentioning any activities related to arms, defense, conflict, or peacebuilding.

1

Planet-Friendly Business

-60

Calpine's Scope 1 emissions were 48,915,527 tCO2e in 2023, an increase from 44,356,429 tCO2e in 2022 and 43,586,132 tCO2e in 2021.

1
The company does not report Scope 2 or Scope 3 emissions, and no reduction targets or initiatives are mentioned.
2
Calpine has not disclosed any SBTi-validated targets.
3
The company announced a cost-sharing agreement with the U.S. Department of Energy (DOE) for the Sutter Decarbonization Project, a full-scale carbon capture demonstration project at its Sutter Energy Center, which aims to capture 95% of carbon dioxide emissions.
4
A similar agreement was advanced for the Baytown Decarbonization Project.
5

Respect for Cultures & Communities

0

No evidence available to assess Calpine on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess Calpine on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No evidence available to assess Calpine on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.