June 06, 2014

Capital Power named one of Canada’s ’50 Best Corporate Citizens’



2014_June_6_Best50_Release.pngRound up time. Reclaimed and company-owned land at our Genesee Generating Station in Alberta is leased to local farmers to bring their cattle to a well-managed grassland operated by professional range managers.

EDMONTON, Alberta – For the fourth consecutive year, Corporate Knights has named Capital Power to its list of the Best 50 Corporate Citizens in Canada. Capital Power ranked 14th on the list and first in the utilities sector.

“We are proud to be based in Edmonton and be one of Canada’s Best 50 Corporate Citizens. Capital Power has great people who value safety, reducing our environmental footprint, strengthening communities and contributing to innovation and the adoption of better technologies,” said Brian Vaasjo, President & CEO.

Ranking for the “Best 50” is based on a company’s publicly disclosed environmental, social and governance indicators. Among others, they include:

• Energy productivity
• Carbon productivity
• Innovation capacity
• Safety performance
• Leadership diversity

The Best 50 has celebrated Canada’s corporate sustainability leaders since 2002, with a methodology that is globally recognized as a best practice for transparency and objectivity. Corporations do not apply to be included on this list, but are instead ranked based on information sought out by magazine editors.

Corporate Knights Magazine is a division of Corporate Knights Inc., a media, research and financial products company focused on quantifying and animating clean capitalism drivers for decision makers.

Related Links

Canada’s 50 Best Corporate Citizens
Capital Power Corporate Responsibility Report 
Other Awards & Recognition

About Capital Power

Capital Power (TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes power generation from a variety of energy sources. Capital Power owns more than 2,600 megawatts of power generation capacity at 14 facilities across North America and owns 371 megawatts of capacity through a power purchase agreement. An additional 490 megawatts of owned generation capacity is under construction in Alberta and Ontario.