OTTAWA, Jan. 14, 2015 /CNW/ - The Canadian Electricity Association (CEA) announced today that it has designated Hydro One Networks Inc. ("Hydro One") a Sustainable Electricity Company™ for its commitment to sustainable business practices.
Hydro One, only the fourth electricity company to receive this designation, is the largest electricity transmission and distribution company in Ontario, with $21.6 billion in total assets.
The Sustainable Electricity Company™ designation, established by CEA for utilities across Canada, acknowledges success against the three foundational pillars of sustainability – environmental, social and economic performance. It requires utilities to establish an Environmental Management System consistent with the ISO 14001 standard and meet the actions and expectations under the ISO 26000 Guidance on Social Responsibility. As part of the designation process, applicants must also pass a third-party verification to ensure adherence to the brand criteria and take further corrective actions where warranted.
"This designation is a reflection of Hydro One's unwavering commitment to integrating sustainable business practices into its operations and activities," said Jim R. Burpee, President and CEO of the Canadian Electricity Association. "Addressing sustainability challenges is critical in today's dynamic energy environment, and I applaud the achievements of Hydro One management and staff."
"We are proud to receive this designation from the Canadian Electricity Association," said Carmine Marcello, President and CEO of Hydro One. "It recognizes the outstanding job our employees do in delivering electricity in a socially responsible and sustainable manner and in meeting the high expectations of our customers and the people of Ontario."
"Canada's electricity sector is at a critical stage in its history, requiring continued innovation and adaptation," said Mike Harcourt, 30th Premier of British Columbia and the current Chair of the CEA Public Advisory Panel. "Hydro One exemplifies the sector's commitment to sustainable business practices and corporate responsibility. I look forward to seeing more utilities achieving this designation in 2015."
For more information about the Sustainable Electricity Company™ designation, please visit: www.SustainableElectricityCompany.ca.
About CEA
Canadian Electricity Association (CEA) members generate, transmit and distribute electrical energy to industrial, commercial, residential and institutional customers across Canada every day. From vertically integrated electric utilities, independent power producers, transmission and distribution companies, to power marketers, to the manufacturers and suppliers of materials, technology and services that keep the industry running smoothly -- all are represented by this national industry association.
Twitter – www.twitter.com/CDNelectricity
LinkedIn – www.Linkedin.com/company/canadian-electricity-association
Blog - www.powerforthefuture.ca/blog
About Hydro One
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 121,000 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.
Twitter – www.twitter.com/HydroOne
YouTube – www.youtube.com/HydroOne
LinkedIn – www.Linkedin.com/company/hydro-one
SOURCE Hydro One Inc.
