2001 Triple Bottom Line Report - BC Hydro
2001 Triple Bottom Line Report - BC Hydro
2001 Triple Bottom Line Report - BC Hydro
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C O M M I T M E N T<br />
The decision to adopt the principles of sustainability as the driving<br />
force of our business was endorsed by our senior executives and<br />
ratified by our Board of Directors in December 2000.<br />
The commitment to sustainability reflects <strong>BC</strong> <strong>Hydro</strong>’s<br />
consideration of environmental, social and economic factors<br />
influencing our business, and strategies we have developed<br />
to ensure the company’s success across all three bottom lines.<br />
Our role is to provide reliable energy supplies for the province’s<br />
homes, businesses and industry; to generate the profits necessary<br />
for our continued operation and the benefit of society; and to<br />
shepherd our energy resources to serve the province in perpetuity.<br />
Our goal is to become the leading sustainable energy company<br />
in North America by building on our solid base of clean, renewable<br />
B E C O M I N G S U S T A I N A B L E<br />
<strong>BC</strong> <strong>Hydro</strong> is already well-positioned to become a sustainable<br />
energy company: over 90 per cent of the electricity we provide<br />
is renewable hydropower; we enjoy ongoing profits; public support<br />
for our activities is broad and deep; and our environmental<br />
record is strong.<br />
Our position improved even more last year with the development of<br />
a Sustainability Action Plan (SAP), providing more than $100 million<br />
T O S U S T A I N A B I L I T Y<br />
hydropower, and by embarking on a series of new ventures<br />
designed to:<br />
• strengthen our portfolio of green and renewable energy resources;<br />
• embrace a strong conservation ethic;<br />
• offset emissions from thermal generation;<br />
• make a significant social contribution;<br />
• encourage employee innovation; and<br />
• continue our strong financial performance.<br />
We believe that being sustainable is good for business,<br />
for people and for the planet. We want to be able to operate<br />
indefinitely, generating electricity and profits that build strong,<br />
livable communities for all British Columbians.<br />
in additional funding over the next three years for more than<br />
20 tightly defined efforts in six key areas of our business:<br />
• new technology;<br />
• environmental initiatives;<br />
• new products and services;<br />
• social initiatives;<br />
• planning and consultation; and<br />
• employee initiatives.