NB Power’s Environmental Policy is the foundation for environmental improvements within our company. As an energy provider, we strive for excellence in environmental compliance, responsibility and performance while meeting our mandate to provide affordable and reliable energy to our customers. We work with customers and communities to explore and deliver on their evolving energy needs while being environmentally responsible for future generations. Through thoughtful preparation and action, we will minimize our overall environmental footprint.

At NB Power, we are committed to reduce our environmental footprint. We acknowledge our responsibility to manage the environmental impacts associated with our operations. We are conscious of our responsibilities to continually improve our environmental performance by incorporating strategies and procedures that promote sound practices throughout our processes and facilities. Our environmental accomplishments build on the contribution of our employees, as well as our contractors and suppliers.

To support our environmental commitment, the following principles have been established to guide us.

1. We meet all applicable legislation, regulations, operating approvals and voluntary commitments.
2. We are committed to a climate change adaptation plan to become more resilient to extreme weather events by assessing assets and operations and investing in upgrades.
3. We are committed to reducing our greenhouse gas emissions by transitioning towards less emitting electricity production, including renewables, and by promoting the efficient use of electricity through internal and external programs such as energy efficiency initiatives.
4. We maintain Environmental Management Systems throughout our operations to prevent pollution, reduce waste, recycle and reuse materials and minimize the use of natural resources by establishing objectives, measuring progress and reporting results.
5. We conduct audits to assess compliance with regulatory requirements, internal processes and procedures to inform management of environmental performance, risks and opportunities.
6. We report regularly on our environmental performance by providing information to our employees, customers, suppliers, First Nations, stakeholders and the public. We also solicit input from our employees, customers, suppliers, stakeholders and the public to help achieve our environmental objectives.
7. We engage employees by investing in environmental training and awareness and provide the necessary support to achieve our environmental commitments. We also encourage suppliers and contractors to implement effective environmental management practices consistent with those implemented by NB Power.
8. We support ongoing research and education to mitigate the environmental impacts of our hydro generating stations on the river ecosystem, ensuring fish biodiversity by developing fish habitat, fish passages and protecting the overall health of fish.

Effective Date: 2025/11/25