TransCanada Corporate Social Responsibility

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TransCanada Corporate Social Responsibility

Following through on our commitment to being a leader in responsible energy development, TransCanada launched its latest 2015 Corporate Social Responsibility (CSR) Report (PDF, 6.85 MB) under the heading Integrity & Responsibility.

Leading the Way

As a leading energy infrastructure company, the crux of our challenge in this changing energy landscape is to safely deliver the energy the world economically, environmentally and socially responsible manner.

For more than 65 years, TransCanada has delivered energy safely and reliably to meet North American demand, so we know from experience that how well we do as a company is inextricably linked to the sustainability of our business practices.

About our 2015 CSR Report

Doing the right thing is imperative to our business.

The public is increasingly engaged in issues related to Corporate Social Responsibility (CSR) – including placing increased demand on companies to deliver on their broader social responsibilities.

While we’ve been producing our Corporate Social Responsibility Report since 2001, we are committed to continuous improvement in our CSR reporting and practices. As such, we continue to streamline our efforts and ensure our corporate values are embedded within the work we do every day. These efforts, our policies, and performance are summarized annually in the CSR Report.

In 2012, TransCanada defined CSR as our “commitment to operating in an economically, socially and environmentally sustainable manner, while recognizing the interests of our stakeholders.” In addition, we established a CSR office tasked with raising standards on our reporting and performance. We have invested time and resources to determine the most important issues facing our company and develop more rigorous programs to track our performance, identify gaps and minimize risk.

We continue to work toward alignment with the Global Reporting Initiative (GRI) G4 standard, allowing us to set targets and measure our performance in a manner that is consistent with our industry peers as we continue our journey toward more comprehensive reporting. The GRI serves as the de facto global standard for CSR reporting. Since 1999, GRI has provided a comprehensive Sustainability Reporting Framework that is widely used around the world, and G4 is the latest update to the framework. Now more than 80 per cent of the 250 largest companies in the world are aligning to GRI reporting standards.

In 2015, we made significant progress toward our goal of reporting to the GRI G4 standard at the Core level. We recognize that your understanding of our corporate social responsibility practices and performance influences your level of trust in our company and in our industry. TransCanada believes that being transparent and providing accurate information on our business is critical to a balanced energy discussion.

In this report, we have enhanced our level of disclosure by including new information on topics like water use, lobbying and political contributions, leak detection, supply chain and risk management. In addition, we have reported some information in a more comprehensive way, such as our Occupational Health and Safety performance as compared against industry averages and including employee wages and benefits information in the discussion of economic value generated by our operations. Moving forward, we will continue to work toward:

  • Formally engaging external stakeholders on material issues assessments
  • Setting sustainability goals and targets
  • Gaining external assurance for our annual CSR Report
  • Aligning with GRI G4 Industry Specific Disclosure requirements

TransCanada is committed to doing the right thing, and our ever evolving and improving sustainability reporting provides evidence of that commitment in action.

10 Material Issues

SAFETY

  • Ensuring our assets are safe and reliable
  • Protecting our communities
  • Health and safety

SOCIETY

  • Responsible stakeholder relations
  • Indigenous peoples

ENVIRONMENT

  • Ensuring environmental stewardship
  • Protection and performance

ECONOMY

  • Financial performance
  • Access to new markets
  • Developing our people
  • Ethical conduct

Learn More

Content from this campaign

A Life-Changing Experience for First Nation Youth
Eighteen year old Michael Lewis wasn’t sure what to expect when he signed on to Geoterra’s month-long cultural and forestry skills program in central B.C. “Coming out here, I was pretty stressed with my own relationship problems,” he said while sitting quietly by Tezzeron Lake, north of Fort St. James B.C. “But when I started...
May 12, 2015 7:00 AM ET
Recruitment Campaign Ask Albertans to Answer the Call
Blog originally appeared on blog.transcanada.com Byron Skanderup wears two hats. As a controls technician with TransCanada he ensures the safe and efficient operations of the company’s compressor stations. When Skanderup isn’t tending to the safety of TransCanada’s compressor stations, he’s looking after the wellbeing of his community. As the captain of the Brooks Fire...
May 7, 2015 12:00 PM ET
Collaborating to Conserve Caribou
Original blog appeared on www.blog.transcanada.com It’s the dead of winter in northern Alberta and the thick boreal forest is covered in a fresh blanket of deep snow. The air, usually filled with the chatter of wildlife, is silent and it seems most species have taken to hibernating through the harsh conditions— except one. High...
Mar 18, 2015 8:10 AM ET
Employees Honoured with Women for Nature Distinction
In 1939 the world was a much simpler place than it is today. The Xerox machine was just being invented, the television had not yet been invented, and the average price for a new car was $700. While attitudes towards nature and the environment were very different than they are today, there were many individuals that were ahead of their time and had the foresight to create something amazing....
Feb 16, 2015 8:00 AM ET
TransCanada Awarded Bronze Class Distinction by RobecoSAM
TransCanada has once again been recognized by RobecoSAM, and has qualified for inclusion in RobecoSAM’s 2015 Sustainability Yearbook as a Bronze Class recipient for sustainability performance. RobecoSAM, with the S&P Dow Jones Indices, publish the renowned Dow Jones Sustainability Indices (DJSI). Each year...
Feb 2, 2015 9:00 AM ET

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