November 29, 2023
Manitoba Hydro’s second annual Environmental, Social and Governance (ESG) report, released this week, outlines the Crown Corporation and its employees’ support of the communities it serves and its priorities to continue to provide Manitobans with reliable, affordable energy.
“We know that Manitobans have an interest in the activities and actions we undertake as our province’s largest energy supplier and they expect us to lead as an environmental steward, a progressive and fair employer, and an active contributor to Manitoba’s social fabric and economic growth,” Manitoba Hydro President and CEO Jay Grewal said.
“Our ESG report celebrates the good work of our employees and substantiates the progress we are making through detailed metrics about where we dedicate our time, efforts, and funding to make a difference as an employer and a service provider. As a Crown Corporation, we have the utmost responsibility to be transparent and ethical in how we do business. Our annual ESG reporting highlights how we are doing that.”
Grewal said national ESG reporting standards are shifting to provide better transparency and more detailed, standardized, and stringent reporting to ensure Manitoba Hydro meets its commitments and continues to drive positive, sustainable change.
“Given our role in the province and the growing interest for Manitobans, I am proud to share that Manitoba Hydro is well positioned and has been planning ahead to meet the challenges of decarbonization and the changing energy landscape, as part of our commitment to providing energy for life for all Manitobans” she said.
Manitoba Hydro adopted the ESG reporting model — used by other utilities, the energy industry, and other organizations globally — in 2021-22. The ESG report replaced the Corporation’s previous Corporate Social Responsibility Report.
Highlights of the 2022-23 ESG report
- Manitoba Hydro is one of the province’s largest employers (with over 5,100 full-time equivalent employees) and has been recognized as a top employer and top diversity employer.
- Over 20 per cent of Manitoba Hydro’s province-wide workforce are Indigenous.
- Almost 24 per cent are women, and over 32 per cent of the utility’s management are female.
- The utility’s Customer Service Tracking Study (a quarterly survey to assess overall satisfaction with service) found 83 per cent of residential customers are satisfied with overall service.
- Manitoba Hydro invested over $450,000 through sponsorship of community activities and events across Manitoba in the 2022-23 fiscal year.
- Manitoba Hydro and its employees donated over $1 million to charities across Manitoba in the 2022-23 fiscal year.
- Manitoba contributes less than three per cent of Canada’s national greenhouse gas (GHG) emissions.
- GHG emissions from Manitoba Hydro’s electricity and natural gas operations are less than one per cent of total provincial GHG emissions.