TORONTO, Oct. 31 /CNW/ - Hydro One announced today it has been named one
of the top ten Canadian companies in Corporate Knights Magazine's annual
Leadership Diversity Index. This year, Hydro One tied for sixth place, out of
150 major companies analyzed for the index. This is the second year the
Company was named to the top ten list.
"Our repeat ranking on this list is consistent with our belief that our
employees should not only be the best and the brightest people available, but
they should also be a reflection of the communities and customers we serve,"
said Laura Formusa, President and CEO of Hydro One.
Hydro One's role within the province's electricity system demands a
diverse workforce with a wide variety of education, skills, talent and
training. The Company has put in place a five-year plan to further increase
the diversity of its workplace and to attract new employees to jobs in the
Hydro One routinely reaches out to high schools, colleges and
universities to recruit young men and women to the skilled trades and other
professions in our industry. This past year, Hydro One's new aboriginal
outreach program has also been successful in drawing interest in careers at
In establishing its Leadership Diversity Index, Corporate Knights looks
at companies with the greatest visible minority and female representation in
both the boardroom and the executive offices. In addition, this year's survey
investigated other dimensions of diversity, including the workplace challenges
of recent immigrants, aboriginals, and disabled persons.
Hydro One delivers electricity safely, reliably and responsibly to homes
and businesses across the province of Ontario and owns and operates Ontario's
29,000 km high-voltage transmission network that delivers electricity to large
industrial customers and municipal utilities, and a 122,000 km low-voltage
distribution system that serves about 1.3 million end-use customers and
smaller municipal utilities in the province. Hydro One is wholly owned by the
Province of Ontario.