Measures and Standards: Key Indicators
2023-24 Highlights
Looking Ahead
Our Approach to ESG
President’s Message
About SaskEnergy
Environment
Prosperity
Our People
Governance
Acting in the best interests of the public ESG issues are critical for SaskEnergy to address as we meet Saskatchewan’s demand for energy. They are also important to our customers and the communities where we operate. Our work to promote ESG principles starts with the stewardship of our organization, through SaskEnergy’s Board of Directors. ESG principles are embedded into our Board’s oversight of the Corporation as part of strategic planning, enterprise risk management, internal controls and objectives setting. The Board provides strategic leadership on ESG initiatives and risks, including environmental responsibility, Indigenous relations, stakeholder engagement, community investment, financial stewardship and employee and public safety. SaskEnergy’s Board is committed to high standards of governance that are consistent with regulatory expectations and evolving best practices. We believe that good governance, and being clear about our expectations around governance, supports ethical conduct and allows us to achieve better performance in operating in a responsible manner. Our Board is representative of Saskatchewan communities and members represent community and stakeholder diversity. The Board provides stewardship, including direction setting and general oversight of our operations management, and oversees and closely monitors our ESG strategies.
50% women on SaskEnergy’s Board of Directors, including Chair and Vice Chair
Our governance structure supports accountability to our customers, stakeholders, the public and our shareholder. The Board delegates some of its oversight responsibilities to three Board committees — the Environmental, Social and Governance Committee, the Audit and Finance Committee, and the Human Resources and Safety Committee.
Environmental, Social and Governance Committee
Audit and Finance Committee The Audit and Finance Committee advises the Board on issues relating to adequacy and effectiveness of financial reporting, internal controls, management information systems and risk management.
Human Resources and Safety Committee The Human Resources and Safety Committee oversees the employment environment of SaskEnergy and has overall responsibility for Human Resource strategies, compensation and succession planning.
The Environmental, Social and Governance Committee provides leadership in relation to governance processes, policies and principles of SaskEnergy and its subsidiary companies. The committee strives to ensure that ESG issues are being proactively addressed.
2023-24 ESG Report
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