Committed to sustainability and shift to renewables
CONTENT FROM: CORPORATE SOCIAL RESPONSIBILITY REPORT
PUBLISHED NOVEMBER 27, 2017
Emera Inc. has long had a commitment to providing cleaner, affordable energy, as well as to innovation, the environment, the community and the team throughout its operations in North America and the Caribbean.
Now the Halifax-based energy leader has put it all into writing in a new sustainability report that sets out Emera's initiatives to innovate in its electric and gas utilities, invest in renewables and natural gas, work safely and deliver shareholder value.
Produced by a group of about 50 employees from across the Emera companies, the document "demonstrates our values in action," says Bob Hanf, executive vice-president of stakeholder relations and regulatory affairs for Emera. "Our customers want to know what we're doing to help the environment, what we're doing on renewables and what we're doing in various community initiatives. This tells that story."
While this is Emera's first such report, "sustainability is at the core of who we are and what we do," Mr. Hanf says, from Emera's origins as a single utility in Nova Scotia to a global company with 7,400 employees and $29-billion in assets, serving customers in Canada, the U.S. and the Caribbean.
The report shows, for example, that Emera tripled its renewable energy production in Nova Scotia to 28 per cent in the last decade and is on track to reach a 58 per cent reduction in greenhouse gas emissions there by 2030.
Sergio Marchi, president and CEO of the Canadian Electricity Association, says that such numbers put Emera "on the vanguard of the leadership" across the country. He says the new sustainability report offers insight into the company's wider values, including stable and successful earnings and growth, progressive corporate governance, especially the role played by women in the company, an exemplary reduction in coal and increase in renewables, as well as generous community investment.
"Emera has a holistic approach to the very meaning of sustainability. I was rather impressed," he says, noting that companies like Emera face challenges in terms of infrastructure renewal, while continuing to reduce their impact on the environment.
"Sustainability is a core value, and it's a value that our customers and our governments are also imposing on us and our sector writ large," Mr. Marchi adds.
Mr. Hanf says that while Emera is proud of the achievements outlined in the document, "we still have work to do." There are plans to issue a sustainability report each year and report on progress in areas such as diversity, innovation, decarbonization and community initiatives.
"We're making real progress," he adds noting that Emera's employees are "committed to working as a team" on the effort. "We're doing this because it's the right thing to do. And doing the right thing is also good for business."
This content was produced by Randall Anthony Communications, in partnership with The Globe and Mail's advertising department. The Globe's editorial department was not involved in its creation
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