Welcome!

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.

Safety:


--  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.

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
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, will give users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion w...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
SYS-CON Events announced today that FalconStor Software® Inc., a 15-year innovator of software-defined storage solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. FalconStor Software®, Inc. (NASDAQ: FALC) is a leading software-defined storage company offering a converged, hardware-agnostic, software-defined storage and data services platform. Its flagship solution FreeStor®, utilizes a horizonta...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
SYS-CON Events announced today that (ISC)²® (“ISC-squared”) will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Two leading non-profits focused on cloud and information security, (ISC)² and Cloud Security Alliance (CSA), developed the Certified Cloud Security Professional (CCSP) certification to address the increased demand for cloud security expertise due to rapid growth in cloud. Recently named “The Next...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
The Art of DevOps provides a fun overview to help teams understand DevOps. Written in the style of the famous 6th century Chinese manuscript “The Art of War,” this eBook describes DevOps in the form of a mission to continuously deliver assets to the operational battlegrounds safely, securely, and quickly. It’s a fun read with valuable insights.
The Quantified Economy represents the total global addressable market (TAM) for IoT that, according to a recent IDC report, will grow to an unprecedented $1.3 trillion by 2019. With this the third wave of the Internet-global proliferation of connected devices, appliances and sensors is poised to take off in 2016. In his session at @ThingsExpo, David McLauchlan, CEO and co-founder of Buddy Platform, will discuss how the ability to access and analyze the massive volume of streaming data from mil...
Join us at Cloud Expo | @ThingsExpo 2016 – June 7-9 at the Javits Center in New York City and November 1-3 at the Santa Clara Convention Center in Santa Clara, CA – and deliver your unique message in a way that is striking and unforgettable by taking advantage of SYS-CON's unmatched high-impact, result-driven event / media packages.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
WebSocket is effectively a persistent and fat pipe that is compatible with a standard web infrastructure; a "TCP for the Web." If you think of WebSocket in this light, there are other more hugely interesting applications of WebSocket than just simply sending data to a browser. In his session at 18th Cloud Expo, Frank Greco, Director of Technology for Kaazing Corporation, will compare other modern web connectivity methods such as HTTP/2, HTTP Streaming, Server-Sent Events and new W3C event APIs ...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...