ReportAlert.info - Capital Power Corporation (TSE:CPX) publishes Corporate Responsibility Report 2009
The report openly discloses the company's 2009 environmental performance, & also reports on labour practices, public consultation & community investment, governance, & economic performance
(3BLMedia/theCSRfeed) November 22, 2010 - Capital Power Corporation’s first corporate responsibility report, Moving in the Right Direction http://www.reportalert.info/ra/profiles/CapitalPower/2010/?ID=34125, has received an A+ level of reporting under Global Reporting Initiative guidelines. The report openly discloses the company’s 2009 environmental performance, and also reports on labour practices, public consultation and community investment, governance, and economic performance.
CO2 emission intensity was slightly lower in 2009, primarily due to increased output from co-generation, which more than tripled in 2009. The volume and intensity of sulphur dioxide emissions were lower compared with 2008, as was nitrogen oxide emission intensity.
Increased volumes of power generation in 2009 led to a higher volume of CO2 emissions, particulate matter, nitrogen oxide, and mercury. These increases occurred because the Genesee facility in Alberta saw higher levels of production in 2009 compared with 2008, a year when the plant underwent major planned and unplanned maintenance shutdowns.
New laser monitoring at Genesee is expected to reduce carbon dioxide by 60,000 tonnes per year. Capital Power was the first company in North America to install this technology in a coal plant. Mercury emissions are also expected to drop, with new mercury-capture equipment at Genesee designed to capture at least 70% of the mercury in the coal.
Regarding labour practices, total recordable injuries and lost time injury rates were lower than the average of the three years prior. The company also reports that the lowest wage paid to a Canadian employee was more than double the local minimum wage. In the U.S., the two lowest-paid employees earned 1.9 times the local minimum wage.
Capital Power is a growth-oriented North American power producer aiming to triple its capacity to 10,000 megawatts by 2020. Headquartered in Edmonton, Alberta, Capital Power and its subsidiaries develop, acquire and optimize power generation from a wide range of energy sources.
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