Oct 31, 2008
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 electricity sector. 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 Hydro One. 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.
For further information:
For further information: Hydro One Media Relations 24 hours a day at 1-877-506-7584 (toll-free in Ontario only) or (416) 345-6868. Visit our website at www.HydroOne.com. For more information on the Corporate Knights ranking in 2008, please visit www.corporateknights.ca