EDMONTON, Alberta, June 04, 2019 (GLOBE NEWSWIRE) -- Capital Power is pleased to announce it is again ranked among Corporate Knights' 2019 Best 50 Corporate Citizens in Canada. This marks the ninth consecutive year that Capital Power has received this esteemed recognition for its sustainability performance from Corporate Knights.
“Receiving this national recognition for the ninth consecutive year underscores Capital Power’s commitment to sustainability and operating with integrity,” said Kate Chisholm, Senior Vice President, Chief Legal & Sustainability Officer. “Capital Power is built on a foundation of honesty. We value collaboration, innovation, and doing what’s right for our company, our investors, our communities and all other stakeholders we engage with. We are dedicated to transparency in our sustainability efforts as we work to advance a lower-carbon energy future for all.”
Capital Power is proud to share an annual Corporate Sustainability Report and Climate Change Disclosure, highlighting our efforts to provide responsible power generation and drive a sustainable future. For the Corporate Knights' 2019 Best 50 Corporate Citizens in Canada evaluation, Capital Power received top quartile scores for gender diversity and alignment of executive compensation with sustainability goals, as well as above average scores for clean revenue and low CEO to average worker pay ratio.
The annual ranking of the Best 50 Corporate Citizens in Canada, now in its 18th year, sets the standard for corporate sustainability leadership. Corporate Knights analyzed the publicly-disclosed information of more than 242 large organizations against Canadian and global industry peers to determine the ranking. The methodology for the 2019 Best 50 Corporate Citizens of Canada is based on 21 quantitative key performance indicators (KPIs) covering resource, employee, and financial management, clean revenue and supplier performance.
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 nearly 6,000 megawatts (MW) of power generation capacity at 26 facilities across North America. Approximately 900 MW of owned generation capacity is in advanced development in Alberta and Illinois.
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