Click here to close now.

SYS-CON MEDIA Authors: Liz McMillan, Pat Romanski, William Schmarzo, Elizabeth White, Carmen Gonzalez

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
There are 182 billion emails sent every day, generating a lot of data about how recipients and ISPs respond. Many marketers take a more-is-better approach to stats, preferring to have the ability to slice and dice their email lists based numerous arbitrary stats. However, fundamentally what really matters is whether or not sending an email to a particular recipient will generate value. Data Scientists can design high-level insights such as engagement prediction models and content clusters that a...
Containers Expo Blog covers the world of containers, as this lightweight alternative to virtual machines enables developers to work with identical dev environments and stacks. Containers Expo Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Bookmark Containers Expo Blog ▸ Here Follow new article posts on Twitter at @ContainersExpo
It's time to face reality: "Americans are from Mars, Europeans are from Venus," and in today's increasingly connected world, understanding "inter-planetary" alignments and deviations is mission-critical for cloud. In her session at 15th Cloud Expo, Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems, discussed cultural expectations of privacy based on new research across these elements
In today's application economy, enterprise organizations realize that it's their applications that are the heart and soul of their business. If their application users have a bad experience, their revenue and reputation are at stake. In his session at 15th Cloud Expo, Anand Akela, Senior Director of Product Marketing for Application Performance Management at CA Technologies, discussed how a user-centric Application Performance Management solution can help inspire your users with every applicati...
As enterprises engage with Big Data technologies to develop applications needed to meet operational demands, new computation fabrics are continually being introduced. To leverage these new innovations, organizations are sacrificing market opportunities to gain expertise in learning new systems. In his session at Big Data Expo, Supreet Oberoi, Vice President of Field Engineering at Concurrent, Inc., discussed how to leverage existing infrastructure and investments and future-proof them against e...
The consumption economy is here and so are cloud applications and solutions that offer more than subscription and flat fee models and at the same time are available on a pure consumption model, which not only reduces IT spend but also lowers infrastructure costs, and offers ease of use and availability. In their session at 15th Cloud Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia, discussed this shifting dynamic with an ...
Due of the rise of Hadoop, many enterprises are now deploying their first small clusters of 10 to 20 servers. At this small scale, the complexity of operating the cluster looks and feels like general data center servers. It is not until the clusters scale, as they inevitably do, when the pain caused by the exponential complexity becomes apparent. We've seen this problem occur time and time again. In his session at Big Data Expo, Greg Bruno, Vice President of Engineering and co-founder of StackI...
Once the decision has been made to move part or all of a workload to the cloud, a methodology for selecting that workload needs to be established. How do you move to the cloud? What does the discovery, assessment and planning look like? What workloads make sense? Which cloud model makes sense for each workload? What are the considerations for how to select the right cloud model? And how does that fit in with the overall IT transformation?
You use an agile process; your goal is to make your organization more agile. But what about your data infrastructure? The truth is, today's databases are anything but agile - they are effectively static repositories that are cumbersome to work with, difficult to change, and cannot keep pace with application demands. Performance suffers as a result, and it takes far longer than it should to deliver new features and capabilities needed to make your organization competitive. As your application an...
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises a...
The recent trends like cloud computing, social, mobile and Internet of Things are forcing enterprises to modernize in order to compete in the competitive globalized markets. However, enterprises are approaching newer technologies with a more silo-ed way, gaining only sub optimal benefits. The Modern Enterprise model is presented as a newer way to think of enterprise IT, which takes a more holistic approach to embracing modern technologies.
SYS-CON Events announced today that SUSE, a pioneer in open source software, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. SUSE provides reliable, interoperable Linux, cloud infrastructure and storage solutions that give enterprises greater control and flexibility. More than 20 years of engineering excellence, exceptional service and an unrivaled partner ecosystem power the products and support that help ...
Move from reactive to proactive cloud management in a heterogeneous cloud infrastructure. In his session at 16th Cloud Expo, Manoj Khabe, Innovative Solution-Focused Transformation Leader at Vicom Computer Services, Inc., will show how to replace a help desk-centric approach with an ITIL-based service model and service-centric CMDB that’s tightly integrated with an event and incident management platform. Learn how to expand the scope of operations management to service management. He will al...
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impac...
There's no doubt that the Internet of Things is driving the next wave of innovation. Google has spent billions over the past few months vacuuming up companies that specialize in smart appliances and machine learning. Already, Philips light bulbs, Audi automobiles, and Samsung washers and dryers can communicate with and be controlled from mobile devices. To take advantage of the opportunities the Internet of Things brings to your business, you'll want to start preparing now.