Working with our partners and communities
Working with our partners and communities section1
Indicator | 2018 | 2019 | 2020 |
---|---|---|---|
Economic | |||
Community events participated in2 |
429 |
332 |
3253 |
Communities that received investment |
75 |
76 |
74 |
Number of Indigenous communities that received training from the First Nations Emergency Services Society (FNESS) |
120 |
70 |
n/a4 |
Economic value generated5 (in millions of dollars) |
$1,578 |
$1,734 |
$1,797 |
Economic value distributed |
|||
Operating costs (in millions of dollars) |
$187 |
$200 |
$222 |
Employee wages and benefits (in millions of dollars) |
$287 |
$299 |
$323 |
Payments to providers of capital (in millions of dollars) |
$498 |
$454 |
$449 |
Payment to government (in millions of dollars) |
$417 |
$401 |
$439 |
Community investment6 (in millions of dollars) |
$1.8 |
$2.5 |
$3.4 |
Indigenous | |||
Indigenous rights incidents7 |
0 |
0 |
0 |
Taxes paid when on reserve land (gas and electricity)8 (in millions of dollars) |
$2.2 |
$2.3 |
$2.5 |
Safety | |||
Number of emergency exercises9 |
22 |
20 |
20 |
1 This summary table reports on sustainability data for FortisBC Energy Inc. (FEI) and FortisBC Inc. (FBC) (FEI and FBC collectively, FortisBC) as of December 31, 2020.
2 A FortisBC event or activity open to members of
the public (inclusive of virtual activities) where a FortisBC employee is present to answer questions and share information about the company.
3 With COVID-19 most in person events were cancelled.
4 FNESS values in 2020 were stated as not applicable (n/a). This is due to the COVID-19
pandemic that prevented the organization from hosting its annual Fire Expo.
5 Revenues as reported per external financial statements for FEI and FBC.
6 Includes investments into the communities including
donations, in-kind contributions and sponsorships.
7 Defined as incidents that have been substantiated by a court of law.
8 For taxes paid on FortisBC land, infrastructure and other taxable real property
situated on reserve or treaty lands of any First Nation that has opted to exercise optional legislative powers to implement a property taxation system.
9 FortisBC defines an emergency exercise as a simulated emergency in which
participants carry out roles, actions, functions and responsibilities that would be expected of them in a real emergency. The number of emergency exercises is driven by several factors such as due diligence, business need, regulatory, community request,
etc. Annually, more or fewer exercises are not indicative of performance.
Forward-looking information
Certain statements contained in this report contain forward-looking information within the meaning of applicable securities laws in Canada (“forward-looking information”). The purpose of the forward-looking information is to provide management's expectations regarding results of operations, performance, business prospects and opportunities, and it may not be appropriate for other purposes. All forward looking information is given pursuant to the safe harbour provisions of applicable Canadian securities legislation.
The forward-looking information in this report includes, but is not limited to, FortisBC’s vision that efficiency and conservation will lead to lowered energy requirements and emissions, FortisBC’s plans to reduce greenhouse gas emissions, FortisBC’s plans to offer more conservation and efficiency incentives in the future; innovations and investments in biogas supply, carbon capture technology, low carbon vehicles and hydrogen blending into the natural gas system; the development of new markets, FortisBC’s relationship with Indigenous peoples; the diversity of FortisBC’s workforce and FortisBC’s safety practices.
The forward-looking information reflects management's current beliefs and is based on assumptions developed using information currently available to the FortisBC’s management. Although FortisBC believes that the forward-looking statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of risks and uncertainties. For additional information on risk factors that have the potential to affect FortisBC, reference should be made to FortisBC’s continuous disclosure materials filed from time to time with Canadian securities regulatory authorities and to the heading "Business Risk Management" in the FortisBC’s annual and quarterly Management Discussion and Analysis. Except as required by law, FortisBC undertakes no obligation to revise or update any forward looking information as a result of new information, future events or otherwise after the date hereof.
All forward-looking information in this report and the information incorporated in this report by reference is qualified in its entirety by this cautionary statement.
I acknowledge that I have been presented with a Forward Looking Statement associated with the 2020 Corporate and Sustainability Report.