TransCanada’s commitment to environmental stewardship has always been an important goal for our company. It’s this very commitment that has helped TransCanada become one of the leading energy infrastructure companies in North America.
It’s also this commitment that has led to TransCanada’s recent recognition from the Carbon Disclosure Project (CDP), a non-profit organization representing 655 institutional investors with $78 trillion in assets, for its approach to the disclosure of climate change information.
TransCanada is one of 20 Canadian companies to be included in the Carbon Disclosure Leadership Index (CDLI), and one of eight energy and utilities companies. The CDLI represents TransCanada’s strong approach to corporate governance regarding climate change information disclosure practices. We are very proud of this accomplishment and commend all of the companies that were named to the CDLI.
This recognition is a terrific starting point for us because it showcases TransCanada’s dedication to social responsibly and transparency. We are dedicated and committed to the transparency of climate-related risks, opportunities, performance and emissions management of our assets.
TransCanada believes that it is prudent to develop and implement strategies that address climate risk. Some of these initiatives include investing in improving energy efficiencies on existing assets through new technologies; installing high-efficiency compressors and turbines on pipelines; and developing power-generating facilities such as natural gas, solar, wind, hydro and nuclear.
TransCanada’s commitment to these and other initiatives has helped us achieve best practices founded on our dedicated employees, strong core values and our solid environmental record. This is just another step in the right direction for our company. We look forward to improving upon this score as we move forward with our environmental reporting initiatives.