BC Hydro triple bottom line report 2002

British Columbia Hydro (BC Hydro) published this document which measures the environmental, social and economic performance of the company. It is a complement to BC Hydro's 2002 Annual Report. The report was prepared to better understand the company's business in terms of its commitment to being an environmentally, socially, and economically responsible company (the three bottom lines). BC Hydro proved its ability to integrate the three bottom lines in decision making processes by carefully examining the environmental, social and economical impacts of programs such as Power Smart, Green and Alternative Energy, and Water Use Planning. All indicators point to BC Hydro achieving its commitment of providing a minimum of 10 per cent of new demand through 2010 with new green energy sources. Water Use Plans were developed for hydroelectric generating stations, and they should all be in place by 2003. Efficiencies realised through the Power Smart program offset the increases in greenhouse gas associated with increased energy demand. Juvenile sturgeon raised in a hatchery were released into the Columbia River in May 2002. The completion of a 40-kilometre trail on the Sunshine Coast was helped by a financial contribution from BC Hydro in the amount of 23,000 dollars. Safety improvements were implemented at eight facilities, such as dam remediation, dam surveillance and instrumentation updates. Scholarships were awarded across the province, along with additional donations to non-profit organizations. Co-op positions were provided for 150 students. Internal energy efficiency programs were successful. Planning is under way for significant maintenance work and equipment replacement projects as the transmission and distribution infrastructure ages. The number of reported indicators was expanded this year. In turn, they were aligned with the revised Global Reporting Initiative (GRI) guidelines. tabs