News Feed Item

Capital Power Releases Its Corporate Responsibility Report

EDMONTON, ALBERTA -- (Marketwired) -- 08/13/14 --

Editor's Note: There is a photo associated with this release.

Capital Power (TSX:CPX) today released its 2013 Corporate Responsibility Report for the fifth consecutive year.

"In July 2014, we celebrated our fifth-year anniversary as Capital Power. Achieving this milestone takes sustained commitment, deliberate action, and teamwork across the entire corporation. Over the years, we have stayed true to our values and vision of being one of North America's most respected, reliable, and competitive power producers through our passion for our business, by working as a team with integrity, by putting safety first, and by enhancing shareholder value," said Capital Power President and CEO Brian Vaasjo.

"This report reflects the actions we take and the way we behave, every day - in our community, in our facilities, in our offices, and on our construction sites."

Earlier this year, Corporate Knights magazine recognized Capital Power as one of Canada's Best 50 Corporate Citizens for the fourth straight year.

Highlights from the report include:

Producing power:

--  In 2013, we completed the purchase of our 50% ownership in the 800-MW
    natural gas Shepard Energy Centre, added 105 megawatts (MW) to our fleet
    with the successful commissioning, on time and under budget, of the Port
    Dover and Nanticoke wind project and completed the sale of our three New
    England, natural-gas-fueled power generation facilities to primarily
    fund our joint investment in the Shepard Energy Centre. 
--  We continued to demonstrate operational excellence with high plant
    availability averaging 93% in 2013. 
--  The net generation from our wind assets has increased by 425% from 2012
    to 2013. Since November 2012, Capital Power has invested over $1 billion
    in three wind projects, increasing our wind nameplate capacity by
    approximately 1000%.

A culture of learning and development:

We work to create a strong learning and development culture.

--  We Launched a Diversity & Inclusion (D&I) initiative to recognize the
    importance and benefit of strong diversity of thought, and 
--  Introduced the Student Work Experience Program (SWEP) - 23 students
    participated in 2013.


--  We launched the "Zero means everything" campaign to reach our goal of
    zero lost-time injuries by 2015. 
--  We surpassed our company-wide safety target and almost met our stretch
    target with a Total Recordable Injury Frequency (TRIF) of 0.96 against a
    target of 1.04. 

Our giving:

--  In 2013, we provided support of $1.17 million to charitable
    organizations and programs in communities in which we do business
    (contributions include New England communities).  
--  The 2013 United Way campaign increased employee participation with
    employee contributions reaching more than $160,000 through personal
    pledges, which were matched dollar-for-dollar by the company, raising
    more than $345,000 in 2013. Nearly $1.5 million for United Way has been
    raised over the past four years. 
--  More than 12,000 volunteer hours were reported by 134 employees and
    their families in our EmPowering Communities program. In recognition of
    this dedication, we contributed $70,000 to non-profit organizations
    across North America.

Reportable environmental incidents:

Capital Power recorded a total of 18 environmental incidents in 2013, a reduction of 57% from the 42 incidents reported in 2012. Four of the 18 incidents had no environmental impact and the remaining incidents were minor in nature. Two Notice of Violations were issued to Roxboro in 2013. Neither of the incidents resulted in a fine or penalty. All incidents were reported to the regulators and closed with no further action required.

The complete report is available at: www.capitalpower.com/responsibility.

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.

To view the photo associated with this release, click the following link: http://www.marketwire.com/library/20140813-800cp_man.jpg

Photo Caption: Capital Power sponsored Military Appreciation Night at the Edmonton Eskimos' game and raised funds for the Edmonton Garrison Military Family Resource Centre. Over the past three years, this event has raised more than $190,000 for military personnel, veterans and their families. The 2014 event takes place on September 12 and all proceeds will go to the True Patriot Love Foundation.

Capital Power
Michael Sheehan
Media Relations
(780) 392-5222
[email protected]

Capital Power
Randy Mah
Investor Relations
(780) 392-5305 or (866) 896-4636 (toll-free)
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Daniel Jones is CTO of EngineerBetter, helping enterprises deliver value faster. Previously he was an IT consultant, indie video games developer, head of web development in the finance sector, and an award-winning martial artist. Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams.
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...