Mississauga, ON – For the sixth consecutive year, Alectra has been named among the top companies in Corporate Knights’ annual sustainability ranking. This prestigious recognition, awarded annually, highlights Alectra’s commitment to corporate sustainability and leadership.
Alectra is ranked in 8th place overall in Canada, and 1st place in its peer group of Canadian electricity transmission and distribution utilities.
“Being recognized as one of the Best 50 Corporate Citizens in Canada is an outstanding achievement for Alectra,” said Brian Bentz, Chief Executive Officer, Alectra Inc. “This honour reflects our ongoing commitment to sustainability, innovation, and community engagement. We are focused on making a positive impact on the environment and the communities we serve – and this recognition validates our efforts in driving sustainable growth.”
The Best 50 Corporate Citizens list represents a high standard for corporate sustainability leadership in Canada. For the 2024 ranking, 340 large Canadian organizations were evaluated against both Canadian and global industry peers across a suite of 25 quantitative key performance indicators. This rigorous analysis underscores Alectra Inc.'s position at the forefront of sustainability and corporate responsibility.
Some key achievements highlighted by Alectra in its 2023 ESG report include:
- GHG Emissions Reduction: Achieved a notable 16.9 per cent reduction in greenhouse gas emissions from fleet and facility operations since 2016.
- Grid Modernization: Committed approximately $250 million to capital projects aimed at supporting and modernizing the electricity grid.
- Community Investments: Invested approximately $1.56 million in community programs through the Alectra Cares Community Support Program, including $167,000 raised by employees.
- Fleet Electrification: Added a first all-electric bucket truck, one of the first in Ontario, further advancing its decarbonization goals.
- New LEED Facility: Consolidated two facilities into one by opening a new Gold LEED-certified Kennedy Road operations centre in Brampton.
For more information on the full methodology behind the Best 50 Corporate Citizens ranking, please visit https://www.corporateknights.com/rankings/best-50-rankings/2024-best-50-rankings/best-50-canadian-corporations-betting-big-on-green/.
For information on Alectra’s commitment to sustainability visit Alectra’s 2023 Sustainability Report here: alectra.com/annual-sustainability-report.
About Alectra’s Family of Companies
Serving more than one million homes and businesses in Ontario’s Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions.
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Media Contact
Ashley Trgachef, Media Spokesperson ashley.trgachef@alectrautilities.com | Telephone: 416.402.5469 | 24/7 Media Line: 1.833.MEDIALN