TransCanada Nationally Recognized for its Commitment to Female Senior Leadership

Company remains focused on improving overall performance
Jun 15, 2017 6:00 AM ET
Article

TransCanada is again part of Corporate Knights' Best 50 Corporate Citizens in Canada list, announced June 6,  scoring with the highest number of women in executive management in the energy sector.

"As the number of female employees in TransCanada has increased over the years, so has the representation of women in our senior ranks," said Wendy Hanrahan, Executive Vice-President, Corporate Services.

Hanrahan is one of two female members of TransCanada's executive leadership team. Four years ago, 10 per cent of executives (vice-presidents and up) and 15 per cent of directors were women. Today both groups are about 20 per cent women, and Hanrahan is certain those percentages will continue to climb. Having a workplace that enables and supports talented women is an important part of TransCanada’s sustainability goals.

"There is so much to learn from these leaders, we are excited to share their journeys, experiences and advice," said Hanrahan.

Corporate social responsibility matters

It might sound like a buzzword, but corporate social responsibility is essentially a business’ approach to operating in a way that’s economically, socially and environmentally sustainable. At TransCanada, we also include doing things safely as one of our core values and as an important part of our corporate social responsibility approach.

As an independent Canadian media and investment research company, Corporate Knights ranks companies in 12 categories, including health and safety performance, gender diversity among leadership, water and energy usage, and greenhouse gas emissions and waste produced relative to the revenue generated.

“The Best 50 Corporate Citizens define the Canadian standard for which companies are doing the most to advance a more fair and sustainable world,” said Corporate Knights CEO, Toby Heaps.

Corporate Knights also added two new metrics to the ranking methodology this year: the supplier score and the clean air productivity score. 

Continuous improvement

“Sustainability reporting and disclosure is about putting our performance – positive and negative – out there and embracing the opportunity to hear feedback from outside sources on where we are doing well and where we can improve,” said Kristine Delkus, Executive Vice-President of Stakeholder Relations, Technical Services and General Council.

While we are thrilled with the recognition, we will never stop striving to do better. Reviewing and evaluating our performance is one way we can learn and improve in areas that matter to you and to us.

“When an organization that is objective and expert tells us our performance is leading in our industry, it’s extremely encouraging,” said Delkus, “But that doesn’t mean we stop listening to constructive and critical feedback. There are always ways for us to do better for our company, for our employees and for our stakeholders.”

Other recent recognition

  • TransCanada achieved a gold class distinction in RobecoSAM’s Sustainability Yearbook 2017
  • We received an award from the Finance Sustainability Initiative for having the Best Corporate Sustainability Report for the Non-Renewable Resources – Oil and Gas category
  • We scored in the 100th percentile on the Dow Jones Sustainability Index (DJSI) and earned rankings on the DJSI North America and World Indices in 2016
  • Was honoured by the U.S. Department of Defense’s Employer Support of the Guard and Reserve with an award for strong military support