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Company Directory - Hydro One Limited

Company Details - Hydro One Limited

Hydro One Limited Logo

Hydro One Limited

Website

Toronto, Canada

TSE: H 

Hydro One is Ontario's largest electricity transmission and distribution service provider, delivering electricity across the province, serving millions of customers with a commitment to safety, reliability, and sustainability.

CCI Score

CCI Score: Hydro One Limited

69.70

-0.15%

Latest Event

Hydro One Releases Comprehensive Anti-Modern Slavery Statement

Hydro One Limited published a detailed Statement Against Modern Slavery on May 13, 2025, outlining its commitment to eradicating forced labor and child labor in its operations and supply chains. The document details updated supplier codes of conduct, enhanced due diligence processes, mandatory employee training, and rigorous supplier risk assessments as part of its broader efforts to ensure ethical business practices.

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LEADER

Hydro One Limited is currently rated as a Leader.

+45 to +100 CCI Score
Companies in this range actively lead the fight against authoritarianism by rejecting oppressive practices and championing democratic values. They implement robust policies, engage in transparent governance, and drive initiatives that set the standard for corporate responsibility.

Latest Events

  • Hydro One Releases Comprehensive Anti-Modern Slavery Statement Logo
    MAY
    13
    2025

    Hydro One Limited published a detailed Statement Against Modern Slavery on May 13, 2025, outlining its commitment to eradicating forced labor and child labor in its operations and supply chains. The document details updated supplier codes of conduct, enhanced due diligence processes, mandatory employee training, and rigorous supplier risk assessments as part of its broader efforts to ensure ethical business practices.

  • +50

    Labor Relations and Human Rights Practices

    May 23

    Hydro One's statement explicitly reinforces its commitment to labor rights by prohibiting modern slavery practices, mandating training, and ensuring compliance with Canadian labor laws. This proactive approach to protect workers' rights and uphold human dignity merits a positive score in the 'Labor Relations and Human Rights Practices' category.

    Hydro One Statement Against Modern Slavery

  • +70

    Supply Chain Ethics

    May 23

    The statement details robust supply chain management strategies, including enhanced supplier risk assessments, updated contract terms that enforce compliance with anti-forced labor standards, and close monitoring of contractors. These measures significantly mitigate risks associated with modern slavery, demonstrating strong ethical sourcing practices.

    Hydro One Statement Against Modern Slavery

  • Hydro One Releases Statement Against Modern Slavery Logo
    MAY
    13
    2025

    Hydro One issued a comprehensive statement detailing its commitment to eradicating modern slavery across its operations and supply chain. The statement outlines measures including enhanced supplier risk assessments, updated Supplier Code of Conduct, and strict contractual terms to mitigate the risk of forced labour and child labour, thereby protecting worker rights and promoting ethical supply chain practices.

  • +80

    Labor Relations and Human Rights Practices

    May 23

    The statement underscores Hydro One’s commitment to labor rights by explicitly prohibiting modern slavery, forced labor, and child labor. The emphasis on adherence to Canadian labor laws and unionized workforce practices reflects strong labor relations and human rights practices.

    Hydro One Statement Against Modern Slavery

  • +75

    Supply Chain Ethics

    May 23

    Hydro One’s updated Supplier Code of Conduct, risk assessment tools, and due diligence procedures effectively safeguard against unethical practices in its supply chain. The comprehensive approach to supplier screening and monitoring highlights strong ethical business practices.

    Hydro One Statement Against Modern Slavery

  • Tentative Labor Agreements Reached with Power Workers' Union Logo
    MAY
    05
    2025

    Hydro One and the Power Workers' Union reached tentative agreements for two collective bargaining contracts covering front-line employees in Ontario. The agreements, subject to union ratification, are slated to take effect on October 1, 2025.

  • +80

    Labor Relations and Human Rights Practices

    May 23

    The tentative agreements with the Power Workers' Union signify a positive step towards safeguarding worker rights and improving labor relations at Hydro One. This move promotes fair labor practices and shows the company’s commitment to its workforce, aligning with anti-authoritarian values that support worker empowerment.

    Hydro One and the Power Workers' Union reach tentative agreements

  • Hydro One Reaches Tentative Union Contract Agreement Logo
    JUL
    15
    2023

    Hydro One Inc. has reached a tentative contract agreement with the Society of United Professionals union representing around 1,800 employees in critical engineering, supervisory, and administrative roles, aiming to provide job stability during the pandemic recovery period.

  • +80

    Labor Relations and Human Rights Practices

    May 23

    The tentative contract agreement with the union representing approximately 1,800 employees is a positive development for labor rights, signaling improved working conditions and stability. This step supports the protection of marginalized workers and reinforces fair labor practices.

    Hydro One reaches contract agreement with union representing 1,800 employees - Talent CanadaTalent Canada

  • Hydro One Tentative Settlement with Power Workers' Union Logo
    JUN
    30
    2023

    Hydro One reached tentative settlements for two collective agreements with the Power Workers' Union, covering front-line roles across its Ontario operations. Negotiations were described as open and productive, reflecting a commitment to positive labor relations and worker rights.

  • +80

    Labor Relations and Human Rights Practices

    May 23

    The company successfully negotiated tentative collective agreements with the Power Workers' Union through an open and productive negotiation process, demonstrating a strong commitment to worker rights and fair labor practices. These actions are supportive of anti-fascist and progressive labor principles by protecting marginalized workers in essential roles.

    Hydro One and the Power Workers' Union reach tentative settlement

Corporate Financials

Revenue
2023
$7.40B
Total Assets
2023
$19.00B
Operating Income
2023
$2.10B
Total Equity
2023
$6.00B

Employees: 5,000

Industries

221118
Other Electric Power Generation
221121
Electric Bulk Power Transmission and Control
221122
Electric Power Distribution
221310
Water Supply and Irrigation Systems
237130
Power and Communication Line and Related Structures Construction