Edmonton, Alberta – For the fifth consecutive year, Corporate Knights has named Capital Power to its list of the Best 50 Corporate Citizens in Canada. Capital Power ranked in the top half of the list at 23rd and first in the Independent Power and Renewables Category.
We are responsible stewards of the environment and contribute to the community socially and economically. We work to minimize the impact of Capital Power’s operations, while producing maximum power availability at our facilities safely and efficiently.
“We are honored to once again be nationally recognized by Corporate Knights amongst such a select group of companies as one of Canada’s Best 50 Corporate Citizens,” said Brian Vaasjo, President and CEO of Capital Power. “We are committed to creating a healthy, safe, environmentally-responsible workplace for our people and strengthening the communities where we operate.”
Capital Power was one of more than 150 companies across Canada considered by Corporate Knights for its annual Best 50 list. The methodology for the 2015 Best 50 Corporate Citizens of Canada is based on 12 key performance indicators (KPIs) covering resource, employee and financial management. 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.
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 3,100 megawatts of power generation capacity at 16 facilities across North America and owns 371 megawatts of capacity through a power purchase agreement. An additional 620 megawatts of owned generation capacity is under construction or in advanced development in Alberta and Ontario.