Saskatchewan Power Corporation
Climate Impact & Sustainability Data (2021-22, 2022-23)
Reporting Period: 2021-22
Environmental Metrics
Total Carbon Emissions:14,950,000 tCO2e/year
Renewable Energy Share:32.3%
Carbon Intensity:583 tonnes of CO2e/GWh (supply); 637 tonnes of CO2e/GWh (consumption)
ESG Focus Areas
- Climate change
- Diversity & Inclusion
- Indigenous relations
- Community investment
- Financial responsibility
- Safety
- Customer engagement
- Supplier relations
Environmental Achievements
- Expanded zero-emission wind power capacity by 385 MW
- Added Saskatchewan’s first utility-scale solar project led by First Nations (10-MW Pesâkâstêw Solar Energy Facility)
- Retired 141-MW coal-fired Unit #4 at Boundary Dam Power Station
- 12.1% Indigenous procurement rate ($94 million)
Social Achievements
- Launched Look Up and Live mapping tool to improve safety
- Invested $1.9 million in educational and community initiatives
- Selected as one of Canada’s Best Diversity Employers for a 14th consecutive year
- Indigenous Customer Care Centre made permanent
- Launched Northern First Nations Home Retrofit Program
Governance Achievements
- Multi-year rate application approved (4% increase effective September 1, 2022, and 4% effective April 1, 2023)
- Progressive Aboriginal Relations certification at the Gold status Level renewed
Climate Goals & Targets
Long-term Goals:
- Achieve net-zero GHG emissions
Medium-term Goals:
- Achieve net-zero GHG emissions
Short-term Goals:
- Reduce GHG emissions by 50% from 2005 levels by 2030
Environmental Challenges
- Increased GHG emissions due to decreased hydro availability, increased customer load, and decreased availability at the Carbon Capture and Storage Facility
- Supply chain disruptions (e.g., microchip shortages delaying smart meter deployment)
- Balancing climate action with operational reliability and affordability
- Federal legislation requiring retirement of all conventional coal-fired generation by 2030
- Increased extreme weather events impacting infrastructure
Mitigation Strategies
- Investing in renewable generation (wind, solar)
- Developing clean baseload power options (SMR)
- Investing in infrastructure renewal and replacement ($385 million)
- Developing robust energy storage solutions (battery energy storage system)
- Exploring carbon capture and storage, hydrogen, and expanded transmission interconnections
- Proactive vegetation management to reduce wildfire risk
- Implementing a multi-year plan to remove PCB-contaminated equipment
- Developing a Climate Adaptation Plan
Supply Chain Management
Responsible Procurement
- Sourcing locally (65% of purchase orders to Saskatchewan suppliers)
- Indigenous procurement (12.1% of purchase orders)
- Supplier Code of Conduct
- Women-Owned Business Program
Climate-Related Risks & Opportunities
Physical Risks
- Increased extreme weather events
Transition Risks
- Environmental regulations (coal phase-out)
- Federal carbon tax
Opportunities
- Expansion of renewable generation
- Development of energy storage solutions
- Development of SMR technology
Reporting Standards
Frameworks Used: ISO 26000, TCFD
Certifications: ISO 14001, ISO 45001, Sustainable Electricity Company™ (Electricity Canada), Progressive Aboriginal Relations (Gold)
Awards & Recognition
- Electricity Canada Centre of Excellence Award (E.B. Campbell Hydroelectric Station refurbishment, Highfield Solar Energy Facility, Pesâkâstêw Solar Energy Facility, battery energy storage system)
- Premier’s Award for Excellence in Public Service (wildfire risk mitigation program)
- Canada’s Best Diversity Employers
- Canada’s Top Employers for Young People
- Saskatchewan’s Top Employers
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:13,776,000 tCO2e/year
Renewable Energy Share:34.7%
Carbon Intensity:525 tonnes of CO2e/GWh (supply)
ESG Focus Areas
- Climate change
- Indigenous relations
- Workforce development
- Financial stability
- Customer engagement
- Community investment
- Supply chain sustainability
- Safety
Environmental Achievements
- Reduced GHG emissions below 2005 levels for the first time under normal operating conditions.
- Added 20 MW of solar energy capacity with Pesâkâstêw and Awasis Solar Energy Facilities.
- Received approval for 700 MW of additional wind and solar capacity by 2027.
- Achieved five million tonnes of CO2 captured since start-up at Boundary Dam CCS facility.
Social Achievements
- Contributed over $2 million to educational and community initiatives.
- Joined Women Business Enterprises Canada as a corporate member.
- Indigenous procurement accounted for 15.5% of purchase orders to Saskatchewan suppliers.
- Launched Indigenous Recruitment & Retention Strategy and Action Plan.
- Launched Renewable Subscription Service (RSS) and Renewable Partnership Offering (RPO) for customers.
Governance Achievements
- Released an enhanced Public Safety Strategy.
- Implemented a multi-year rate application with rate increases.
- Improved employee engagement score to 69%.
Climate Goals & Targets
Long-term Goals:
- Net-zero GHG emissions by 2050.
Medium-term Goals:
- Add 700 MW of intermittent wind and solar capacity by 2027.
Short-term Goals:
- Reduce GHG emissions by 50% from 2005 levels by 2030.
Environmental Challenges
- Increased fuel and purchased power costs.
- Higher operating, maintenance, and administration expenses.
- Workforce challenges at coal-fired plants due to energy transition.
- Supply chain disruptions (implied).
Mitigation Strategies
- Implemented a multi-year rate application with rate increases.
- Coal Workforce Transition Project to address workforce challenges.
- Focus on growing the manufacturing capacity of small-to-medium sized local businesses.
- Continued work with Indigenous communities and businesses.
Supply Chain Management
Responsible Procurement
- Indigenous procurement program
- Women-Owned Business Program
- Supplier information sessions and forums
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Environmental regulations (elimination of coal generation)
- Federal carbon tax
Opportunities
- Growth of renewable energy
- Development of lower-emitting baseload power options (SMR, natural gas)
Reporting Standards
Frameworks Used: Sustainable Electricity Leader™ (Electricity Canada), TCFD
Certifications: ISO 14001
Awards & Recognition
- Canada’s Best Diversity Employers
- Canada’s Top Employers for Young People
- Saskatchewan’s Top Employers