Toronto Hydro has ranked third for corporate citizenship among electricity transmission and distribution utilities in Canada in Corporate Knights Magazine’s annual ranking.
Toronto Hydro also placed 19th in the magazine’s annual ranking of the Best 50 Corporate Citizens.
For more than 20 years, Corporate Knights Inc. has published one of the world’s largest circulation magazines with a specific focus on the intersection of business and sustainability.
The ranking is compiled after evaluating a total of 286 companies against a set of environmental, social and governance indicators, relative to their industry peers and using publicly available information.
The ranking recognizes Toronto Hydro’s sustainability achievements, including its commitment to reaching net zero scope one emissions (direct emissions) in its operations by 2040, and ongoing efforts to improve reliability, reduce greenhouse gas emissions and foster workplace diversity.
To learn more about Toronto Hydro’s environmental performance, please visit torontohydro.com/environment.