SASKENERGY 2017-18 ANNUAL REPORT
Workforce Diversity
This measure provides quantitative data for the employment of Aboriginal individuals, recognized by the Saskatchewan Human Rights Commission as being either underemployed or minimally employed within the province. SaskEnergy also tracks the percentage of “Youth” in the workforce, which is defined as employees who are 30 years of age or less. The measures are calculated by comparing the number of employees from these groups relative to the number of total employees that comprise the workforce. SaskEnergy statistics related to employment equity are tracked and reported internally and are also reported to the Saskatchewan Human Rights Commission annually.
Youth, First Nations/Métis
CREATING VALUE
FInancial Debt/Equity Ratio
This measure is calculated by dividing total net debt by the sum of total net debt plus total shareholder’s equity. The consolidated rate of return on equity is measured by dividing the income before unrealized market value adjustments by the average shareholder’s equity over the year. The average is determined as the simple average of the opening shareholder’s equity and the closing shareholder’s equity. This measure removes unrealized market value adjustments from consolidated net income. Market value adjustments include fair value adjustments on financial and derivative instruments and the revaluation of natural gas in storage to net realizable value. This measure represents the intensity of greenhouse gas emissions produced per unit of natural gas compression, measured in tonnes CO 2 e per million running horsepower hours. By measuring tonnes of carbon dioxide per million running horse power hours generated from the Corporation’s fleet of compressor units, the Corporation will be better able to gauge the success of its emission reduction efforts. The focus of those efforts over the five-year forecast period will be on fuel gas and energy efficiency improvements. Beyond the metric, SaskEnergy and TransGas will strive to reduce overall carbon dioxide and equivalent emissions from fuel combustion and reduce methane emissions from pipeline and compressor station operations.
Consolidated Return on Equity
Income Before Unrealized Market Value Adjustments
Environmental
Greenhouse Gas Emissions – Tonnes of CO2e/million Running Horsepower Hours
Community Relationship Total Contracts – Percentage of Aboriginal Labour Content
This measure tracks the percentage of Aboriginal labour content in the Corporation’s labour service contracts managed by the Purchasing Department.
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