OPG’s inaugural ESG report
Ontario Power Generation (OPG) has released its inaugural annual Environmental, Social, and Governance (ESG) Report, which details the company’s ESG performance and practices, including our industry-leading climate change initiatives, progress toward becoming a more equitable, inclusive, and diverse employer, and actions underway as part of our Reconciliation Action Plan.
Recently approved by OPG’s Board of Directors, the report highlights the wide range of direct and indirect contributions to the province’s economy, community wellbeing, and social fabric.
Readers can learn about how OPG is leading the clean energy transition through our power generation, new technology development, and electrification initiatives; our ongoing work to be a safety leader and trusted partner and neighbour; and the processes in place to ensure OPG conducts itself with honesty and integrity while protecting critical infrastructure. The report acknowledges and embraces that much work is still to be done.
Building a Sustainable Future - 2021 ESG Report

Publication Date: August 18, 2022
Number of Pages: 106
Publisher: OPG
Building a Sustainable Future - 2021 ESG Report
- Who we are
- Message from the Board Chair & President
- What ESG means to OPG
- 2021 performance highlights
- ESG pillars
Publication Date: August 18, 2022
Number of Pages: 106
Publisher: OPG
- Who we are
- Message from the Board Chair & President
- What ESG means to OPG
- 2021 performance highlights
- ESG pillars
Who we are
OPG is a climate change leader with one of the most diverse generating portfolios in North America, meeting about half of Ontario’s power needs.
We invest millions in local economies and employ thousands of people to operate and maintain a modern, sophisticated energy fleet. Over the past five years, the company has returned approximately $5.9 billion in net income to the Province of Ontario, our sole Shareholder, for the benefit of its residents. We partner with local and environmental groups to improve the well-being of our many site communities. And our ground-breaking development partnerships with Indigenous partners are creating lasting economic benefits for First Nations communities.
Having delivered one of the world’s single largest climate change actions by closing our coal stations, OPG is now focused on becoming a net-zero company by 2040, and enabling a net-zero economy by 2050. We’re investing in new technologies to grow this clean economy through transportation electrification, Small Modular Reactors (SMRs), energy storage, hydrogen production, and hydroelectric projects.
We aim to achieve all these initiatives while prioritizing people and partnerships. This includes continuing to make progress on our Reconciliation Action Plan, as well as our Equity, Diversity, and Inclusion (ED&I) strategy.
OPG at a glance (as of Dec. 31, 2021)
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Message from the Board Chair and President
At OPG, we believe our power can help change the world. As the province’s largest clean power generator, we take great pride in producing reliable, clean, and low-cost electricity in a safe and sustainable manner.
We also strive to be a good neighbour and partner to our host communities and the Indigenous communities whose land we operate on, while being a responsible corporate citizen, an ED&I champion, and a transformational leader in the fight against climate change.
What ESG means to OPG
OPG believes that operating in a sustainable manner, consistent with ESG principles, is fundamental to the long-term success of our company, and to our ability to deliver value and enhance the prosperity and well-being of the places and people we serve.
That’s why we have integrated ESG principles into our corporate strategy, business model, risk management framework, policy requirements, and performance targets. This means our impacts on the world outside of OPG, and the outside world’s impacts on our company, are identified and managed. We accomplish this through a robust governance system, including procedures and controls. ESG is directly overseen by our Board of Directors and senior management, explicitly linked to individual performance assessments, and ESG performance helps determine executive compensation.
![]() Environmental | ![]() Social | ![]() Governance | |
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ESG Guiding Principles | We will lead the clean energy transition through our power generation, new technology development, electrification initiatives, and operational excellence, while ensuring strong environmental and biodiversity protection and enhancement. | We will be a safety leader and a trusted partner, neighbour, advocate, employer, and steward of resources. | We will lead and conduct ourselves with honesty and integrity, carry out our business with transparency, and ensure diligent oversight systems and processes. |
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