About BC Hydro's Annual Report

This report covers BC Hydro’s performance for the period April 1, 2008, through March 31, 2009, and includes its major subsidiaries, Powerex Corp. and Powertech Labs Inc. The report was prepared for our shareholder, the British Columbia Provincial Government, and reflects BC Hydro’s commitment to balance our business across three bottom lines: environmental, social and financial.

The performance targets referenced in this report were set out in our 2008/09 to 2010/11 Service Plan. The Service Plan provides a high-level, strategic look at our business and sets out the targets and measures by which our performance can be evaluated. Throughout the fiscal year, BC Hydro reports on our financial performance through a series of Quarterly Reports. This Annual Report is a look back at this year, incorporating information also found in our Service Plan and Quarterlies.

To meet the requirements for both annual and triple bottom line reporting, this report is in accordance with British Columbia’s Budget Transparency and Accountability Act, and Canadian generally accepted accounting principles (GAAP). It is also in compliance with the Global Reporting Initiative (GRI) G3 Guidelines. The Global Reporting Initiative has pioneered the development of the world’s most widely used sustainability reporting framework and is committed to its continuous improvement and application worldwide. This framework sets out the principles and indicators that organizations can use to measure and report their economic, environmental, and social performance. In addition to the measures found in the Annual Report, a comprehensive list of performance data that supports our commitment is available in the GRI comparative index.

The photos and sidebars on these pages are courtesy of Keeping Current, BC Hydro’s online employee newsletter; Plugged In, the quarterly print publication that is mailed to employees and their families; and/or BC Hydro employees.

Photo credit: Miguel Alvarez, Learning Technologies Leader, Field Operations Miguel’s daughters dancing on the dock at Miner's Bay, Mayne Island

Last Modified: Nov 30, 2010