Latest news with #AlectraInc
Yahoo
13-06-2025
- Business
- Yahoo
Alectra releases 2024 ESG and GRE&T Centre reports highlighting commitment to sustainability, community support and grid modernization
MISSISSAUGA, Ontario, June 13, 2025 (GLOBE NEWSWIRE) -- Alectra Inc. presents its 2024 Annual Environmental, Social and Governance (ESG) Report, 'Discover the Possibilities', showcasing significant progress toward its long-term sustainability goals while continuing to deliver reliable, affordable energy services to more than one million homes and businesses across Ontario. The report outlines how Alectra is investing in modernizing its electricity grid to meet growing demand, reduce greenhouse gas emissions, and build stronger communities through targeted social investments. Alongside the ESG report, Alectra also released the 2024 Green Energy & Technology (GRE&T) Centre Report, 'Where Great Minds Collaborate to Power a Better Tomorrow'. The report highlights progress in advancing grid-edge technologies, supporting innovation, and building strategic partnerships to shape a more sustainable future. 'At Alectra, we recognize our responsibility goes beyond powering homes and businesses,' said Brian Bentz, President and Chief Executive Officer, Alectra Inc. 'Our 2024 ESG and GRE&T Centre reports demonstrate how we're advancing sustainability, strengthening our communities, and creating long-term value for the customers and municipalities we proudly serve.' Some key achievements highlighted by Alectra in the ESG report include: Achieving a 21.1 per cent reduction in greenhouse gas emissions compared to 2023. Allocated $1.39 million through the AlectraCARES Community Support Program, supporting over 150 local health, housing and food security initiatives. Invested $460 million in grid renewal and replacement projects to modernize the electricity grid. Expanded People Deal initiative by investing $191,000 to support organizations promoting equality and inclusion. Recognized as a Corporate Knights Canada's Best 50 Corporate Citizens – ranked first in Canada in the electricity transmission and distribution sector and eighth overall. Earned the PRISM Certified designation from Imagine Canada for continued leadership in community investment. Recognized as a Greater Toronto Area Top Employer for the fifth consecutive year. View Alectra's 2024 Annual ESG Report here, and 2024 Consolidated Financial Statements here, and Management Discussion and Analysis (MD&A) here, and see the GRE&T Centre Report here. About Alectra Inc. Family of Companies Serving more than one million homes and businesses in Ontario's Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions. X: Facebook: Instagram: LinkedIn: Bluesky: YouTube: Media Contact: Ashley Trgachef, Media | Telephone: 416.402.5469 | 24/7 Media Line: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-02-2025
- Business
- Yahoo
Alectra Inc. employees surpass fundraising goal, raising more than $27,000 for Coldest Night of the Year
Coldest Night of the Year MISSISSAUGA, Ontario, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Alectra employees once again stepped up to support their communities, raising $27,278 for Coldest Night of the Year (CNOY), a national initiative aimed at helping people experiencing homelessness, hunger and hardship. More than 100 Alectra employees braved the winter temperatures, joining thousands of Canadians in walking to raise funds for local organizations that provide vital services to those in need. This year, Alectra employees joined 10 teams across Alectra's service territory including St. Catharines, Brampton, Guelph, Hamilton, Markham, Mississauga, Richmond Hill and Vaughan. 'Alectra employees continue to embody the spirit of community and their dedication to supporting Coldest Night of the Year annually is commendable,' said Brian Bentz, President and Chief Executive Officer, Alectra Inc. 'By coming together to walk and raise funds, through our AlectraCARES Community Support Program, we are increasing awareness for individuals facing homelessness by supporting grassroots organizations in our communities.' Since 2018, Alectra has been supporting the Coldest Night of the Year and has donated over $55,000 through employee participation. To learn more about Alectra's community support, visit: About Alectra Inc. Family of Companies Serving more than one million homes and businesses in Ontario's Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions. Twitter: Media Contact: Ashley Trgachef, Media | Telephone: 416.402.5469 | 24/7 Media Line: A photo accompanying this announcement is available at in to access your portfolio
Yahoo
20-02-2025
- Business
- Yahoo
Alectra Inc. employees unite with compassion to raise $200,000 for United Way's food security programs
Alectra Inc. employees unite with compassion to raise $200,000 for United Way's food security programs MISSISSAUGA, Ontario, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Alectra employees united to raise a total of $48,000 through regular payroll deductions to support the United Way's food insecurity programs. Alectra made an additional corporate contribution of approximately $152,000, bringing the total donation amount to $200,000. 'Alectra employees came together with an inspiring spirit of compassion to improve the lives of individuals and families in need,' said Brian Bentz, President and Chief Executive Officer, Alectra Inc. 'The funds raised will play a crucial role in addressing food insecurity in our communities, and we're grateful to continuously support all the impactful programs led by the United Way.' These funds have been distributed across the United Way catchment area, encompassing the Greater Toronto Area, Halton and Hamilton, Simcoe Muskoka, Wellington Dufferin, and the Niagara region. "United Way Greater Toronto supports 23 food security programs that strengthen local food systems and build inclusive communities," said Scott Kuipers, Manager, Corporate Donor Relations, United Way. "When you give to United Way, you're supporting solutions like food production, distribution, and capacity-building programs that meet the immediate and long-term needs of our neighbours." United Way Greater Toronto's strategic investments support on-the-ground solutions that have proven to be effective in food distribution, food production, and capacity building. Often, these agencies not only offer immediate access to food, but coordinated and wraparound supports necessary for food security. For example, United Way-funded programs such as Unison Health and Community Centre's Green Markets project provide affordable fresh produce for at least 800 households in northwest Toronto. These programs not only address immediate food needs but also foster community connections through workshops on healthy eating and waste reduction. "Without flexible United Way funding there would not have been any way to provide food to hundreds of families in this past year,' said Shobha Adore, Executive Director at Braeburn Neighbourhood Place. 'UWGT recognized the importance of finding a way to feed families with a good, fair staffing model and supported us 100 per cent.' Since 2016, Alectra has been supporting the United Way and has donated over 2 million dollars through its AlectraCARES Community Support Program. To learn more about Alectra's community support, visit: About Alectra's Family of Companies Serving more than one million homes and businesses in Ontario's Greater Golden Horseshoe area, Alectra Utilities is now the largest municipally-owned electric utility in Canada, based on the total number of customers served. We contribute to the economic growth and vibrancy of the 17 communities we serve by investing in essential energy infrastructure, delivering a safe and reliable supply of electricity, and providing innovative energy solutions. Twitter: Facebook: Instagram: LinkedIn: Bluesky: YouTube: Media Contact: Ashley Trgachef, Media | Telephone: 416.402.5469 | 24/7 Media Line: A photo accompanying this announcement is available at in to access your portfolio
