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2001 Triple Bottom Line Report - BC Hydro

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TOPICS OF CONCERN TO COMMUNITIES<br />

FOCUS ON THE IMPACTS OUR OPERATIONS<br />

HAVE ON LOCAL QUALITY OF LIFE.<br />

E N C O U R A G I N G D I A L O G U E<br />

We invited several groups to comment on green energy<br />

criteria for small hydro projects; joined a coalition of groups<br />

and agencies seeking to accelerate development of Canada’s<br />

renewable energy industry; and worked in partnership with<br />

groups and governments to undertake a community energy<br />

planning study in Nemiah Valley, a community isolated from<br />

our provincial energy grid.<br />

Consultations have also figured prominently in our GHGmanagement<br />

actions. Our strategy for action on climate change<br />

emphasizes dialogue with governments, industry groups and<br />

stakeholder organizations. Last year we were involved in discussions<br />

of Canada’s actions under the Kyoto agreement to reduce<br />

GHG emissions below 1990 levels by 2012; worked with industry<br />

T B L D I A L O G U E<br />

<strong>BC</strong> <strong>Hydro</strong> initiated focus group research last year to evaluate<br />

the awareness and perception of TBL reporting among our<br />

stakeholder groups, and for feedback on how we can improve<br />

our TBL reporting. Research consisted of seven advisory groups<br />

totalling more than forty representatives of non-governmental<br />

organizations, industry, government, education specialists,<br />

opinion leaders and <strong>BC</strong> <strong>Hydro</strong> staff.<br />

Panel members suggested several ways <strong>BC</strong> <strong>Hydro</strong>’s TBL reporting<br />

could improve:<br />

• clearly state TBL and sustainability objectives up front;<br />

• be more candid;<br />

S O C I A L B O T T O M L I N E | 2 9<br />

associations to develop climate change policy proposals for national<br />

and international consideration; participated in multi-stakeholder<br />

examinations of emission reduction trading; and advised the<br />

B.C. government about our positions on climate change policy.<br />

We extended our consultation efforts last year to include<br />

soliciting feedback on our <strong>Triple</strong> <strong>Bottom</strong> <strong>Line</strong> <strong>Report</strong> for 1999.<br />

We invited 41 people representing various groups, organizations<br />

and agencies to evaluate and comment on the aim, direction<br />

and content of the report, and to offer suggestions for its<br />

improvement. Among their responses, participants encouraged<br />

us to articulate more clearly our sustainability objectives,<br />

be more candid about problem areas, set definite targets<br />

and show trends.<br />

• talk about the good and bad news that drives our business;<br />

• provide hard numerical targets, and show what we plan to<br />

do to get back on track if we do not meet our targets;<br />

• make TBL goals part of our internal performance measures;<br />

• keep pushing the envelope, don’t stand pat; and<br />

• involve third-party verification.<br />

Our responses to several suggestions – being more candid,<br />

for example – are being incorporated into this year’s report.<br />

Other changes, such as targets and measures and third-party<br />

verification, will continue to evolve over the next few years.

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