1、2020 ANNUAL REPORT2020 Financial Highlights10%annualized total shareholder return over the last five years4%increase in common share dividends paid,to$2.48 in 2020 from$2.38 in 201913%growth in regulated earnings,net of corporate costs,from 2019 to 202095%+of earnings derived from regulated investme
2、ntsADJUSTED REVENUE*For the year ended December 31,2020BY REGIONOther(17%)Florida (55%)Atlantic Canada(28%)BY REVENUE TYPEOther(1%)Regulated Gas(19%)Regulated Electric(80%)*Adjusted revenue is a non-GAAP measure which excludes mark-to-market adjustments.Data is as of December 31,2020,unless otherwis
3、e indicated.Table of Contents/2 Why Invest in Emera/4 Letter to Shareholders /9 Financial Review/Emera at a Glance(back cover)EMERA 2020 ANNUAL REPORT 1Were a team of experts focused on safely delivering cleaner,affordable and reliable energy to our over 2.5 million customers in Canada,the US and th
4、e Caribbean.Our Environmental,Social and Governance(ESG)commitments are core to our strategy and our culture.Were leading the way to a cleaner energy future with clear climate goals and a vision to achieve net-zero carbon emissions by 2050.We primarily invest in regulated electric and gas utilities,
5、driving predictable returns and steady growth for our investors,enabling us to reinvest in our teams,our companies and communities.CanadaUnited StatesCaribbeanGrand BahamaDominicaBarbadosSt.LuciaCaribbeanGrand BahamaDominicaBarbadosSt.LuciaOUR CLIMATE COMMITMENTSince 2005,weve reduced CO2 emissions
6、by 39%and coal use by 68%By 2023,well reduce our coal use by at least 80%2025 GOAL55%Reduction of CO2 emissions2040 GOALS80%Reduction of CO2 emissionsLAST COAL UNIT RETIRED2050 VISIONNet-zeroCO2 emissionsWhy Invest in EmeraWith our proven strategy and portfolio of high-quality regulated utilities,Em