April 3, 2014 - Press releases
Montréal, April 3, 2014 – Gaz Métro is proud to announce that it has placed 5th in Corporate Knights' Future 40 ranking, in addition to being first in Quebec and the top-ranked utility. This ranking recognizes Canadian companies with revenues under $2 billion (or maintaining fewer than 2,000 employees in 2012) that are top sustainability performers.
Among the 213 companies eligible for the first Corporate Knights' The Future 40 Most Responsible Leaders in Canada, Gaz Métro stood out for many aspects of its sustainability performance at environmental, economic and social levels. These include its increased annual profit, a low work accident rate and the reduction in green house gases (GHGs) of 33% since 1990.
"This result is a recognition of the increasing maturity of our sustainability initiatives over the past few years," said Stéphanie Trudeau, Vice President, Strategy, Communication and Sustainability at Gaz Métro. The 12 indicators used to measure the performance of the selected companies are the same as those compiled in the Gaz Métro 2013 Sustainability Report, based on the most recent standards of the Global Reporting Initiative (GRI G4).
Corporate Knights' ranking: www.corporateknights.com/report/2014-future-40-ranking
Gaz Métro's Sustainability Report: www.gazmetro.com/sd
Overview of Gaz MétroWith more than $5 billion in assets, Gaz Métro is a leading energy provider. It is the largest natural gas distribution company in Quebec, where its network of over 10,000 km of underground pipelines serves 300 municipalities and more than 190,000 customers. Gaz Métro is also present in Vermont, producing electricity and distributing electricity and natural gas to meet the needs of more than 305,000 customers. Gaz Métro is actively involved in the development of innovative, promising energy projects such as the production of wind power, the use of natural gas as a transportation fuel and the development of biomethane. Gaz Métro is a major energy sector player who takes the lead in responding to the needs of its customers, regions and municipalities, local organizations, and communities while also satisfying the expectations of its Partners (GMi and Valener) and employees.