Hydro Ottawa is committed to being a leading partner in a smart energy future.
In support of this commitment, Hydro Ottawa has published a Green Bond Framework that sets out the guidelines for Green Bond issuances in accordance with the International Capital Markets Association’s Green Bond Principles. Hydro Ottawa’s green bonds will be used to finance or refinance eligible investments made in renewable, energy generation assets or businesses and to support environmentally sustainable programs and initiatives.
Hydro Ottawa’s commitment to environmental sustainability has roots. The completion of the Chaudière Falls expansion project, the largest capital project in Hydro Ottawa’s history, has boosted our renewable generation capacity to 128 megawatts, an increase of more than 500 percent since 2012.
Our focus on environmental sustainability reaches beyond generation. A Facilities Renewal Program was launched in 2017. This key modernization and operational efficiency initiative will see the company invest in new or retrofitted buildings that meet regional, national, or international third-party environmental certifications such as LEED (Gold or Platinum). We continue to make our vehicle fleet greener, and to reduce operating costs through lower fuel consumption. These programs along with pollution prevention and control will help reduce environmental impacts.
Hydro Ottawa is committed to reducing the impact of our operations on the environment and improving our environmental performance.