Our commitment to sustainability
Environmental, Social and Governance Committee
Oversees SaskEnergy’s environmental strategy and sustainability initiatives, social responsibility and corporate governance. The Committee ensures SaskEnergy is in compliance with corporate standards and regulatory requirements, properly identifying and managing risks, and renewing and adopting best practices.
Governance
SaskEnergy Incorporated is a Crown corporation governed by The SaskEnergy Act. It is a designated subsidiary of Crown Investments Corporation of Saskatchewan (CIC), which effectively operates as a holding company that oversees provincial Crown corporations and ensures a fair return for the people of Saskatchewan while supporting government’s priorities. SaskEnergy’s Board of Directors is responsible for the stewardship of the Corporation and oversees the adherence to The SaskEnergy Act and its regulations. Our governance structure supports accountability to the Corporation’s customers, stakeholders, the public and its shareholder. In 2019, SaskEnergy began working with its Board of Directors to adjust the mandate of one of its three committees — the Governance and Social Responsibility Committee — to have a broader view. Collectively, these committees and the Board of Directors, which is representative of Saskatchewan communities and industry, provide direction and oversight to SaskEnergy’s sustainability activities.
Audit and Finance Committee
Oversees the Corporation’s financial performance and reporting, control systems, risk management and audit functions. These functions are also key components of the Board’s oversight of sustainability activities.
Human Resources and Safety Committee
The Human Resources and Safety Committee has a mandate to proactively address safety matters, or risks, and oversee SaskEnergy’s human resource planning, fair compensation practices, performance management and succession planning.
More information on governance, including SaskEnergy’s Corporate Governance Disclosure, Board and Executive member biographies, and stakeholder engagement, is available on saskenergy.com
2020-21 Sustainability Report
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