Now Reading
TransCanada Releases 2015 Corporate Social Responsibility Report
TransCanada Releases 2015 Corporate Social Responsibility Report
Published 07-12-16
Issued by TransCanada
Summary
TransCanada officially released its 2015 Corporate Social Responsibility (CSR) Report, which highlights the company’s commitment to operating safely and in an economically, socially and environmentally sustainable manner.
Report Highlights
TransCanada officially released its 2015 Corporate Social Responsibility (CSR) Report, which highlights the company’s commitment to operating safely and in an economically, socially and environmentally sustainable manner.
"For more than 65 years, TransCanada has delivered energy safely and reliably to meet North American demand, so we know from experience that how well we do as a company is inextricably linked to the sustainability of our business practices," says Russ Girling, TransCanada's president and chief executive officer.
TransCanada performance areas, highlighted in the 2015 CSR Report, include:
- $1.5 billion invested in asset integrity and preventative maintenance programs to ensure safe and reliable operations of TransCanada’s pipeline systems
- $45 million invested in research and development
- Nearly $168 million in work generated for Indigenous businesses or their joint-venture partners in Canada and the U.S. for goods, contract services and employment on TransCanada projects and operations
- More than $14.7 million directed to over 1,400 non-profit organizations across North America
- Named to the Climate Disclosure Leadership Index in 2015 by the CDP (formerly Carbon Disclosure Project) with a top score of 99B for TransCanada’s actions to disclose carbon emissions and strategy to mitigate the business risks of climate change
- More than $5 billion invested in emission-less energy sources to date, accounting for over one-third of the power produced by TransCanada
- $679 million paid in income and property taxes that help pay for things such as schools, roads and hospitals
- 8-10 per cent dividend growth expected per annum through 2020
Read the full CSR Report at CSRReport.TransCanada.com and send any comments to csr@transcanada.com.
TransCanada
TransCanada
OUR APPROACH TO CORPORATE SOCIAL RESPONSIBILITY:
For TransCanada, corporate social responsibility is an exercise in creating shared value for all our stakeholders.
Millions of people depend on us to do our job well in order to light and heat homes, schools, hospitals and businesses, to fuel private and public transportation - and indeed, to power the economy. Our commitment is to meet those demands in an economically, socially and environmentally sustainable manner while engaging with and supporting the communities across the continent where we live and work.