June 07, 2018

Capital Power named one of Canada’s ‘50 Best Corporate Citizens’ for eighth consecutive year


EDMONTON, Alberta – Capital Power is pleased to announce it is ranked among Corporate Knights’ 2018 Best 50 Corporate Citizens in Canada. Capital Power ranked 21st overall up from 40th in 2017.

This marks the eighth consecutive year that Capital Power has received this esteemed recognition for its sustainability performance from Corporate Knights.

“This national recognition demonstrates Capital Power’s ongoing performance and commitment to sustainability and transparency in reporting,” said Kate Chisholm, Senior Vice President, Chief Legal & Sustainability Officer. “Sustainability means creating long-term, sustainable value for all of our stakeholders including our shareholders, our people, our communities, and our environment. Capital Power has an engaged and high-performing team who are focused on maintaining a safe workplace and culture built on integrity and respect, strengthening the communities where we live and work, and reducing our environmental footprint through a commitment to innovation and continuous improvement as we transition to a lower-carbon energy future.”

Capital Power annually publishes a Corporate Responsibility Report highlighting its sustainability efforts and accomplishments including how it is driving a sustainable future, making a positive difference in the communities where it operates, and its commitment to environmental and social responsibility.

The annual ranking of the Best 50 Corporate Citizens in Canada, now in its 17th year, sets the standard for corporate sustainability leadership. Corporate Knights analyzed the publicly-disclosed information of more than 200 large organizations against Canadian and global industry peers to determine the ranking. The methodology for the 2018 Best 50 Corporate Citizens of Canada is based on 17 key performance indicators (KPIs) covering resource, employee, and financial management, clean revenue and supplier performance.

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About Capital Power

Capital Power (TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, owns, and operates power generation facilities using a variety of energy sources. Capital Power owns approximately 4,500 megawatts (MW) of power generation capacity at 24 facilities across North America. Approximately 1,000 MW of owned generation capacity is in advanced development in Alberta, North Dakota, and Illinois.