Hydro One receives Silver level certification from the Canadian Council for Aboriginal Business

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Hydro One receives Silver level certification from the Canadian Council for Aboriginal Business

by pmnationtalk on September 10, 202076 Views

Hydro One receives Silver level certification from the Canadian Council for Aboriginal Business

TORONTO, Sept. 10, 2020 – Today, Hydro One joined the select group of Canadian companies recognized by the Canadian Council for Aboriginal Business (CCAB) for their commitment to building lasting, strong and mutually beneficial relationships with Indigenous communities. The company advanced from its Bronze level certification in 2017 to a Silver level recognition this year by the CCAB in Progressive Aboriginal Relations (PAR). As part of the PAR Program, companies must recertify every three years. Hydro One’s emphasis on sustainability and building lasting partnerships with Indigenous communities has been instrumental in achieving the Silver level certification.

“We are proud to be recognized as a Silver level organization in Indigenous Relations and a trusted partner in advancing reconciliation and building relationships based on understanding, respect and trust,” said Imran Merali, Vice President, Indigenous Relations and Customer Service, Hydro One. “By working alongside Indigenous communities, building a more diverse workforce and advancing our sustainability goals, we will continue to aim for a Gold certification to build a better and brighter future for all.”

As part of its commitment to building lasting, strong and mutually beneficial relationships with Indigenous communities, Hydro One has:

  • Contributed to the growth and development of Indigenous businesses by procuring $41.3M of goods and services in 2019, the highest spend to date;
  • Partnered with Indspire to provide educational and training opportunities to Indigenous youth and expanded Hydro One’s Leonard S. (Tony) Mandamin Scholarship;
  • Collaborated with Indigenous communities on projects that provide long-term community benefits;
  • Invested in Indigenous community initiatives to help build safe communities.

The PAR Program provides a high level of assurance through the independent, third-party verification of company reports on measurable outcomes and initiatives in four performance areas: Leadership Actions, Employment, Business Development, and Community Relationships. These verified reports are then reviewed by an independent jury of Aboriginal business people who assign the final certification level.

More details of Hydro One’s sustainability priorities and achievements can be found at: https://www.hydroone.com/sustainability.

Hydro One Limited (TSX: H)
Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s largest electricity transmission and distribution provider with approximately 1.4 million valued customers, approximately $27.1 billion in assets as at December 31, 2019, and annual revenues in 2019 of approximately $6.5 billion. Our team of approximately 8,800 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2019, Hydro One invested approximately $1.7 billion in its transmission and distribution networks and supported the economy through buying approximately $1.5 billion of goods and services. We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. We are designated as a Sustainable Electricity Company by the Canadian Electricity Association. Hydro One Limited’s common shares are listed on the TSX and certain of Hydro One Inc.’s medium term notes are listed on the NYSE. Additional information can be accessed at www.hydroone.com; www.sedar.com or www.sec.gov.

For further information:

Hydro One Media Relations 24 hours a day at 1-877-506-7584 (toll-free in Ontario only) or 416-345-6868. Our website is www.HydroOne.com. Follow us on facebook.com/hydrooneofficial, twitter.com/hydroone and instagram.com/hydrooneofficial

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