Idacorp Inc..
IDA.US | Electric power generation, transmission and distribution
Idacorp Inc. is a holding company. Through its primary subsidiary, Idaho Power Company, it engages in the generation, transmission, distribution, sale, and purchase of electric energy. Idaho Power serves a customer base primarily in southern Idaho and eastern Oregon. The company owns and operates hy...Show More
Better Health for All
0
The company's operations have moderate health-harming externalities, evidenced by a proposed $1 million fine for self-reported pollution permit violations at 15 hydroelectric facilities
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. However, it demonstrates substantial remediation efforts, including plans to exit coal-fired generation by 2030
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, converting remaining coal units to natural gas to reduce carbon emissions by half
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, and a medium-term goal to reduce overall carbon emissions intensity by 88% by 2030 compared to 2005 levels
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. The company also prevents at least 15,000 pounds of phosphorus from entering the Snake and Boise rivers annually
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and recycled significant amounts of various materials in 2024
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. For risk transparency, the company maintains a Public Safety Power Shutoff (PSPS) plan and a Wildfire Mitigation Plan (WMP), updated annually and approved by regulators
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. In 2024, it held over 80 meetings in high-risk PSPS areas and communicated with customers before, during, and after PSPS events
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. A 2024 customer survey showed 78% supported PSPS in extreme weather
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and 87% understood how PSPS reduces fire risks
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. It also implements a Dam Safety Surveillance and Monitoring Program and emergency action plans for dam failure
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. The company's principal goods and services, electricity, have no significant direct positive or negative health impact. Other health-related KPIs are not applicable as the company does not primarily engage in health-related products, services, or initiatives for the public.
Fair Money & Economic Opportunity
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No evidence available to assess Idacorp Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
30
In 2023, the CEO to median employee pay ratio was 43:1.
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Employee satisfaction surveys in 2022 showed an 81% score, with employee engagement surveys consistently exceeding 80%.
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The company maintains a low voluntary employee turnover rate, reported as below 4% per year, with an average employee tenure exceeding 11 years.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Idacorp Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-40
The company provides a 24/7 whistleblower hotline and website, and states that anonymity is available.
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However, the provided articles do not offer evidence of independent investigation processes, training, or resolution metrics for these reports.
Kind to Animals
0
Idacorp Inc. is an electricity provider, and the provided articles do not contain specific, quantifiable data points relevant to the 'Kind to Animals' ethical value's KPIs. Information regarding cruelty-free certifications, animal testing, humane certifications for animal operations, ethical input substitution, cage-free sourcing, animal agriculture ethics, or animal-free R&D collaboration is not present. While the company has initiatives like a salmon and steelhead hatchery program
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, protection programs for species such as the Bliss Rapids snail, white sturgeon, and Chinook salmon
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, and the Snake River Stewardship Program which includes planting 20 acres of riparian vegetation
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and preventing 15,000 pounds of phosphorus annually
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, the articles do not provide the percentage of revenue invested in these initiatives or measurable biodiversity impact metrics (e.g., documented population increases or biodiversity index improvements) required by the rubric's quantitative thresholds for the 'wildlife_conservation_impact' KPI.
No War, No Weapons
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IDACORP, Inc. is an electric utility provider.
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The provided articles consistently state that the company is not involved in activities related to arms, defense contracts, dual-use technology, sales to embargoed regimes, peacebuilding, conflict-zone operations, exports, lobbying on arms control, humanitarian procurement, human rights due diligence in conflict areas, the Arms Trade Treaty, AI development for military use, surveillance, ethical red lines concerning weapons, controversial weapons, war-related supply chains, conflict-related partnerships, defense divestment, conflict minerals, or peace technology.
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Therefore, all KPIs related to the 'No War, No Weapons' value are not applicable to its core business.
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Planet-Friendly Business
-50
Idaho Power, a subsidiary of IDACORP, Inc., faced a proposed $1,000,000 fine
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and lawsuits from the Idaho Department of Environmental Quality for violations of the federal Clean Water Act and the Idaho Environmental Protection and Health Act
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. These violations involved 15 hydroelectric facilities
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that lacked required pollution permits from the U.S. Environmental Protection Agency for decades
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.
Respect for Cultures & Communities
0
No specific, concrete data points were found in the provided articles that directly correspond to the quantitative thresholds of any of the KPIs in the rubric for 'Respect for Cultures & Communities'. Information regarding shareholder resolutions, workforce demographics, or general sustainability commitments did not provide the specific numbers, percentages, or defined actions required to score any of the listed KPIs.
Safe & Smart Tech
0
No specific, concrete evidence was found in the provided articles to assess Idacorp Inc. against any of the 'Safe & Smart Tech' KPIs. Information regarding data breaches at the Idaho National Laboratory (INL) is not applicable to Idacorp Inc. as the articles do not establish INL as a subsidiary or part of Idacorp Inc. The article directly referencing Idacorp Inc. explicitly states 'No data provided' for all relevant KPIs
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, and the 'security_score' is an assessment, not a specific, quantifiable fact that maps to the rubric's thresholds.
Zero Waste & Sustainable Products
-40
Idacorp Inc. reported 16 incidents of non-compliance with water quality and/or quality permits, standards, and regulations in 2022, although it reported zero incidents in both 2023 and 2024.
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The company's hazardous waste management shows active reduction, with manifested hazardous waste decreasing from 109,405 metric tons in 2022
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to 56,826 metric tons in 2024.
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It complies with federal and state reporting, maintains spill prevention plans, and provides company-wide training. For waste diversion, 46% of Coal Combustion Products (CCRs) were beneficially used in 2024.
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The company has implemented multiple waste reduction initiatives, including refurbishing up to 2,000 transformers annually,
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assessing damaged power poles for repair and reuse,
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selling fly ash for concrete additive,
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promoting paperless billing,
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evaluating asset lifecycles for reuse/disposal,
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sorting used batteries,
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and general business waste reduction and recycling at various facilities.
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