Governance

TransAlta Recognized: Corporate Knights 2015 “Best 50 Corporate Citizens”

May 6, 2015

TransAlta has once again been recognized for our commitment to sustainability and corporate citizenship. We’re proud to be one of Canada’s 2015 Corporate Knights “Best 50 Corporate Citizens.” Companies are evaluated on 12 Key Performance Indicators (KPIs). We’ve achieved Best 50 for the past three years and we’ll strive to continue to earn our stakeholders approval in the future.

Corporate citizenship matters to TransAlta

At TransAlta, our commitment to sustainability matters. Balancing stable dividends and capital returns for our shareholders with the needs of the communities we operate in, while respecting our operating environments, is the bottom line. Value creation isn’t possible without the support of communities or the “social licence to operate.” In the 21st century, we know that healthy communities and healthy environments translate into healthy economies. We’ve been transitioning to a low carbon power generation model since 2000.

TransAlta corporate citizenship results speak for themselves

Since 2000, our commitment to corporate citizenship speaks for itself:

  • Reduced coal generation net capacity from 73% to 57%
  • Reduced coal net generation from 82% to 66%
  • Retired and decommissioned the 570 MW Wabamun Generating Station
  • Developed 1,266 MW of wind generation net capacity
  • Added 698 MW of natural gas generation net capacity
  • Achieved best safety record in company history (low injury frequency) in 2014
  • Awarded silver level award from Progressive Aboriginal Relations organization
  • Invested $62 million into community programs (arts, educational, social and environmental)
  • Formed subsidiary TransAlta Renewables to help develop our growing low carbon assets
  • Achieved highest Carbon Disclosure score on Climate Change in 2014 via CDP (85/100)
  • Continued to deliver affordable and reliable electricity to our customers and communities

Moving forward, our commitment to corporate citizenship follows:

  • Announced coal transition and phase out of coal fired generation
  • Commitment to reduce 20% of CO2 emissions from coal by 2021 (from baseline 2005)
  • Commitment to reduce 55% of CO2 emissions from coal by 2030 (from baseline 2005)
  • Commitment to reduce 95% of NOx and SO2 emissions by 2030 (from baseline 2005)
  • Low carbon business centric model (renewables, natural gas, clean coal)
  • Continue to strive towards our target zero; no safety incidents
  • Target to achieve gold level status from the Progressive Aboriginal Relations organization
  • Commitment to deliver affordable and reliable electricity to our customers and communities
June 5, 2015

Governance