Company Directory - Hydro One Limited
Company Details - Hydro One Limited
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.
Latest Events
- MAY132025
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.
+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.
- MAY132025
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.
+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.
- MAY052025
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
- JUL152023
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.
- JUN302023
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
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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