Environmental, Social and Governance
Our ESG Commitment
Environmental, Social and Governance (ESG) principles are fundamental to how LUCELEC conducts business, serves its stakeholders, and creates long-term value for Saint Lucia. ESG principles are integrated into our strategy, operations, decision-making and our vision for a greener, more sustainable future.
As we work toward our Vision, “To be the energy that powers the nation’s success,” we remain committed to delivering sustainable outcomes that balance economic growth, environmental stewardship, social wellbeing and good governance. Our approach recognizes that a resilient energy future requires responsible leadership, meaningful stakeholder engagement and continuous improvement.
Powering sustainable progress
The goals our strategy is aligned to
LUCELEC plays a unique and catalytic role in Saint Lucia’s development. Through our 2035 Strategic Business Plan (SBP2035), we have aligned our efforts with key United Nations Sustainable Development Goals that are meaningful to our country, our stakeholders and our business.
SDG 3
Good Health and Well-being
SDG 4
Quality Education
SDG 5
Gender Equality
SDG 7
Affordable and Clean Energy
SDG 8
Decent Work and Economic Growth
SDG 11
Sustainable Cities and Communities
SDG 13
Climate Action
By integrating sustainability considerations into strategic and operational decisions, we seek to create shared value while supporting national development and long-term resilience.
Our ESG Purpose
Our ESG framework reflects our commitment to conducting business responsibly and ethically while balancing the interests of our customers, employees, shareholders, communities and the environment. It guides how we minimize environmental impact, promote social wellbeing and maintain strong governance practices across all areas of our operations.
This commitment is consistent with our Mission to deliver energy services that are safe, reliable and environmentally responsible while contributing to Saint Lucia’s social and economic development.
Environmental Stewardship
As an energy company, we recognize our responsibility to support a cleaner and more sustainable energy future.
We are working to reduce our environmental footprint through responsible business practices, emissions reduction initiatives, energy efficiency improvements and support for a renewable energy ecosystem that strengthens energy security and resilience. We remain committed to protecting natural resources, maintaining environmental compliance and incorporating biodiversity considerations into our planning and operations.
Our commitment to environmental responsibility is closely aligned with LUCELEC’s broader goal of supporting Saint Lucia’s energy transition while maintaining the reliable electricity service upon which the nation depends.
Good Governance
Strong governance is essential to maintaining trust and delivering sustainable value.
LUCELEC is committed to the highest standards of transparency, accountability, ethics and responsible decision-making. Our governance framework supports effective risk management, regulatory compliance, data protection, cybersecurity and business integrity. ESG considerations are embedded within our governance structures and supported by oversight at the Board, Executive Leadership and Senior Management levels.
Sound governance strengthens confidence among stakeholders and enables us to navigate opportunities and challenges responsibly.
Engaging Stakeholders
Meaningful engagement is central to our ESG approach.
We maintain ongoing dialogue with customers, employees, communities, shareholders, regulators, suppliers and industry partners to better understand the issues that matter most and to inform our priorities. Through collaboration, transparency and open communication, we seek solutions that create value for stakeholders while advancing our strategic objectives.
Measuring What Matters
We believe that accountability requires measurement and transparency.
LUCELEC is committed to establishing clear ESG goals, monitoring progress, and reporting openly on our performance. Through ongoing data collection, performance monitoring and public reporting, including disclosure through our Annual Report, we track our progress, identify opportunities for improvement and maintain accountability to our stakeholders.
ESG Report 2025
Environmental responsibility
- 49 million kWh
- Generated by the 3 MW solar farm since 2018
- EC$21.59m
- Estimated cost savings from it
- 388
- Rooftop solar systems on the grid
- 3.293 MW
- Installed distributed capacity
- +30%
- Growth in installed PV against 2024
LUCELEC continued to manage the environmental impacts of electricity production while maintaining reliable and affordable electricity. Environmental priorities were focused on renewable energy development, emissions reduction, energy efficiency and strengthening system resilience, consistent with the Company’s strategic objectives and national energy policy direction.
Throughout the year, LUCELEC remained actively engaged with the Ministry of Infrastructure, supported by the National Utilities Regulatory Commission (NURC), as part of the consultative process to advance legislative and regulatory reforms guiding Saint Lucia’s renewable energy transition in alignment with the National Energy Policy.
- Renewable Energy Integration
- By December 31, 2025, LUCELEC’s 3MW utility-scale solar farm had generated a cumulative 49 million kWh since commissioning in 2018, resulting in an estimated EC$21.59 million in cost savings. At the end of the reporting period, 388 distributed generation (rooftop solar PV) systems, representing 3.293 MW of total installed renewable energy capacity, were connected to the national grid. Compared to 2024, the installed capacity of PV systems has grown by 30%. Participation in distributed generation is expected to expand further as the revised Electricity Act and supporting regulations are finalised.
- Troumassee
- Progress continued on the development of LUCELEC’s next utility-scale renewable project, a 10 MW solar photovoltaic (PV) plant with battery energy storage at Troumassee. This project is expected to materially increase renewable penetration and strengthen grid resilience through the integration of energy storage.
- Environmental Compliance and Risk Management
- LUCELEC maintained compliance with applicable environmental laws and regulations and continued to integrate environmental risk considerations into planning and operations. Environmental risks, including climate-related threats, and infrastructure resilience, are actively monitored through the Company’s Enterprise Risk Management framework.
- Biodiversity & Conservation
- Environmental initiatives in 2025 also supported biodiversity awareness and conservation through targeted community-based initiatives, educational programmes and sustainable agriculture projects. These activities supported education of food security, sustainable agriculture, climate adaptation, and the adoption of a greener lifestyle.
ESG Report 2025
The goals last year’s work contributed to
A different list from the strategic alignment above. These are the goals LUCELEC's 2025 community programme contributed to, as its ESG Report states them.
- 2Zero Hunger
- 3Good Health and Well-being
- 4Quality Education
- 6Clean Water and Sanitation
- 10Reduced Inequalities
- 11Sustainable Cities and Communities
- 13Climate Action
- 14Life Below Water
- 15Life on Land
ESG Report 2025
Strong governance oversight
The LUCELEC Board of Directors recognizes its responsibility to support Saint Lucia’s national renewable energy-transition ambitions and to lead a cleaner and more resilient system.
The Board has been a strong advocate of:
- The changes reflected in proposed Electricity Act, which will reform the energy sector, creating opportunities for greater investments in renewable energy (RE) particularly solar, by the Company, Independent Power Producers (IPPs) and smaller participants in the area of distributed generation.
- A new 10MW utility-scale solar PV plant.
- A proposed 30MW dual fuel generating plant for the south of the island running primarily on liquified natural gas (LNG), a much cleaner fuel than diesel.
By approving funding for key technical and strategic projects, the Board continues to balance affordability, reliability, sustainability, and shareholder value. Strong governance oversight remains central to ensuring that LUCELEC’s transformation delivers long-term benefits to customers, communities, and the national economy.
At a Special Meeting on May 3, 2014, LUCELEC shareholders approved establishing subsidiaries to pursue new business opportunities. A subsidiary holding company named Energyze Holding Inc. (EHI) was incorporated in 2016 and became fully operational in 2024, driving LUCELEC’s shift toward energy as a service. As part of its diverse corporate diversification plans, EHI is expected to play a key role in advancing renewable energy and energy as a service in Saint Lucia.
Looking ahead
In 2026 and beyond, the Company will focus on:
- Progressing the Integrated Resource and Resilience Plan
- Advancing utility-scale renewable energy and storage projects
- Deepening ESG integration into investment decisions and operations
- Strengthening impact measurement for social investment
- Continuing to build a resilient, engaged and values-driven workforce
Guided by our Vision 2035, LUCELEC remains committed to powering a greener tomorrow — balancing environmental responsibility, social progress and strong governance to deliver sustainable value for Saint Lucia.
Building a more sustainable future
Our ESG commitment reflects a simple philosophy: the energy that powers the nation should must help build a stronger, more sustainable and more inclusive future. We are committed to leading responsibly, innovating purposefully and ensuring that the benefits of progress are shared across Saint Lucia. LUCELEC is helping to create lasting value for customers, employees, shareholders, communities and future generations.
The figures on this page are from the LUCELEC ESG Report 2025, a 13-page document. It is not yet published at a public address, so it is not linked here.
Social Responsibility
At LUCELEC, we understand that our success is directly connected to the wellbeing of the people and communities we serve.
We are committed to maintaining strong relationships with stakeholders, supporting employee wellbeing, promoting diversity and inclusion, protecting human rights, and creating positive social outcomes through community engagement, education, energy awareness and economic development initiatives. We actively seek opportunities to address stakeholder concerns, build trust and contribute to stronger, more resilient communities.
A culture of caring that values people, partnerships and community. As our brand philosophy states, genuine care means understanding what matters most to those we serve and acting with purpose to make a meaningful difference.