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On Target: 2024 Sustainability Report Shows ATCO's Continued Progress in Environmental, Social, and Governance Performance
On Target: 2024 Sustainability Report Shows ATCO's Continued Progress in Environmental, Social, a...
About this update from Canadian Utilities Limited Class A
[{"type":"text","content":"\n\n\n\n On Target: 2024 Sustainability Report Shows ATCO's Continued Progress in Environmental, Social, and Governance Performance\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n May 7, 2025\n \n\n /CNW/ -\n \n ATCO Ltd.\n \n (TSX: ACO.X) (TSX: ACO.Y)\n \n Canadian Utilities Limited\n \n (TSX: CU)\n \n\n\n\n\n\n\n\n\n Today, we released our 2024 Sustainability Report, demonstrating our ongoing commitment to sustainability and environmental, social, and governance (ESG) performance. The report provides an update on our strategic initiatives and progress in key areas such as resilience and safety, the energy transition, and Indigenous and community partnerships.\n \n\n \"We are proud of our continued progress in 2024, which is a direct reflection of the dedication and innovation of our team,\" said\n \n Nancy Southern\n \n , Chair & Chief Executive Officer of ATCO Ltd. and Canadian Utilities Limited. \"Companies that flourish over many decades are those that prioritize a long-term vision and look beyond the immediate horizon.  For our group of companies, sustainable practices, strong governance, and operational excellence are not just moral obligations but long-term strategic imperatives. In that respect, they are safeguards against the volatility of today's business, political and economic environments.\"\n \n\n\n Highlights of ATCO's 2024 sustainability performance include:\n \n\n\n\n Continued grid modernization through the replacement of traditional electricity meters, with 118,000 smart meters installed across\n \n Alberta\n \n to date.\n \n\n Investing in preventative measures to enhance system resilience, including fire-wrapping 77,000 electrical poles.\n \n\n Advancing hydrogen projects, including the launch of the Energy Discovery Centre, the first building in\n \n North America\n \n heated by 100% hydrogen.\n \n\n Reducing company-wide GHG emissions to earnings intensity by 13 per cent compared to 2023, a 40 per cent decrease compared to our 2020 baseline.\n \n\n Reducing customers'&#...