Equity, Diversity and Inclusion

Diversity is the scope of differences. Equity and inclusion are involvement and action.

Here are some examples of how we’re making Equity, Diversity and Inclusion part of our everyday operations at all levels of the company:

Board of Directors:

  • Since 2014, women on our Board has risen from 9% (1 woman out 11 Board members) to 44% (4 women out of 9 Board members) currently.
  • The Board Diversity Policy allows that:
    • At least 50% of the slate of director candidates presented to the People, Culture, and Governance Committee in every search for new directors must be women, and extra weight will be given to qualified female candidates in final nomination decisions.
    • A goal of 30% was established for the minimum representation of women on both our board and executive team.
    • Annually, the People, Culture, and Governance Committee is required to consider the balance of skills, experience, independence, knowledge of Capital Power, and diversity as part of the performance review of the Board, its committees, and individual directors. The Board Diversity Policy has been integrated with other board processes, including board assessment and succession planning.
    • The effectiveness of the Board Diversity Policy will be measured based on our goal of women representing at least 30% of our directors, and the policy will be examined in rotation by our internal audit department as part of their rotating audit of all corporate policies approved by the board.

Executive Team:

Our goal with respect to recruiting executives is to have women represent at least 30% of our executive team. We will recruit candidates who best fulfill the needs giving extra weight to any women who meet the criteria. We have three female executives, which represents 43% of our executive team.


Capital Power - Bloomberg Gender Equality IndexOur People Services group is responsible for developing a company-wide strategy for integrating and embedding diversity and inclusion across our culture and work environment, including appropriate initiatives and metrics for the short and long-term. The results of two employee surveys, one completed as part of our company-wide engagement survey and one specific to diversity and inclusion led by KPMG, guide these efforts. We know we have work to do and we’re committed to the journey.

Increasing Learning and Awareness

  • In 2019, our leadership team and Diversity & Inclusion Committee members participated in Unconscious Bias and Inclusivity training based on the Men Advocating Real Change (MARC) program developed by Catalyst.
  • In 2020, this training was rolled out to employees. As part of powering a sustainable future, we are working to develop our future leaders and strengthen the diversity of our workforce with an eye on gender parity.

Our Steps Forward

  • In 2020, we added a requirement, which is a component of the executive incentive plan, to have qualified diverse candidates presented for interviews for open positions, increasing the opportunity for diversity balance at all levels of the organization.
  • For 2021, we added another requirement – a commitment to increase the number of qualified female hires and improve gender balance at our organization.
  • We also joined Equal by 30 in 2020 – a campaign to demonstrate our commitment to gender equity as an integral part of the global transition to clean energy. This initiative believes gender equality is essential to successful clean energy transformation and asks the public and private sectors to endorse principles, set commitments, and take concrete actions to support women in energy and help close the gender gap. More than simply a campaign – Equal by 30 is a commitment to work towards equal pay, equal leadership, and equal opportunities for women in the clean energy sector by 2030.
  • We’ve endorsed the 30 by 30 initiative led by Engineers Canada to increase the percentage of newly licensed engineers who are women in Canada to 30% by the year 2030. As part of our endorsement, we’re committed to investing in the creation and maintenance of programs, policies and partnerships that lead to an improved experience for women in engineering, and, ultimately, helping reach the national 2030 goal.

What's New

Media Releases
Capital Power announces a C$350 million medium term note offering

Capital Power announced today that it has priced a public offering in Canada of unsecured medium term notes in the aggregate principal amount of C$350 million (the “Offering”). The notes have a cou...

News and Stories
Genesee: The Heart of Alberta’s Decarbonized Future

Located west of Edmonton, Capital Power’s Genesee Generating Station has provided reliable baseload generation for decades. Today, the facility is undergoing a $1.35 billion transformation to move ...

Media Releases
Capital Power announces a 6% dividend increase for its common shares and declares dividends for its Preference shares

The Board of Directors for Capital Power declared a dividend of $0.615 per share on the outstanding common shares for the quarter ending September 30, 2023. The dividend is payable on October 31, 2...

Media Releases
Capital Power reports second quarter results and announces a 6% common share dividend increase
Company exceeds its $600 million annual growth target with projects in Ontario and North Carolina

Capital Power (TSX: CPX) today released financial results for the quarter ended June 30, 2023.

Media Releases
Capital Power announces Board appointment and retirement

Jill Gardiner, Chair of the Board for Capital Power, is pleased to announce the appointment of Carolyn Graham to the Company’s Board of Directors (“the Board”) effective August 2, 2023.  The appoin...

News and Stories
Supporting Indigenous Youth with Bears’ Lair TV!

We’re incredibly proud to partner with Bears’ Lair TV to support their efforts to feed the spirit of Indigenous business across Canada. Our support is dedicated to their Youth Dream Camp program th...

Media Releases
Capital Power to release second quarter 2023 financial results and host analyst conference call on August 2

Capital Power will release its second quarter 2023 results before the markets open on August 2, 2023. Management will host a conference call with analysts on the same day at 9:00 a.m. MDT (11:00 a....

Media Releases
Capital Power Secures 1 GW Supply of Responsibly Produced, Ultra-Low Carbon First Solar Modules
Series 6 Plus thin film modules to power US and Canada projects, with deliveries from 2026 to 2028

First Solar and Capital Power Corporation announced today that Capital Power has secured its first order for approximately 1 gigawatt (GWDC) of responsibly produced, ultra-low carbon thin film sola...

Media Releases
Capital Power executes contracts for solar, natural gas and batteries and provides an update on the Genesee Repowering Project

These announcements demonstrate the value of our balanced approach to net zero that supports the increase of renewable generation to enhance the sustainability of our power system while complimenti...

News and Stories
Paul First Nation students help Genesee repowering stick to safety!

As we power a sustainable future for people and planet, we’re proud to grow our friendships with Indigenous communities near our operations. Our Genesee Generating Station, located near Paul First ...