Sustainability

Sustainability is in our nature

Sustainability is one of Hydro Tasmania's core values and we are committed to creating a sustainable future. For Hydro Tasmania, sustainability means just that - planning for the future using open and considered business decisions and activities.

As a renewable energy business we contribute to sustainable energy developments and a sustainable global environment. We are also working within our business to integrate sustainable practices into our operations, our areas of focus are:

  • economic: our financial practices focus on the long-term, not only of our business but those we work with. Employing locals for international projects is a good example of this, find out more. 
  • environmental: we are accountable for the impact we have on the environment. Find out how we are working with the environment.
  • social: we recognise that our employees are the future of our organisation. Our stakeholders and the community are involved in our planning for the future. Find out more.  

 

To embed sustainable practices into our operations, we have developed our Sustainability Code (PDF 1.8 MB). We have incorporated its six principles into some key decision-making tools, such as risk management and strategic planning. We have also integrated these principles into key business activities such as generating power, stakeholder engagement and procurement and tendering. 

Employees have also incorporated sustainability into their approach to daily operations in areas such as asset management, water management and trading. Our challenge is to further integrate our sustainability principles.

Our sustainability program and our reporting were acknowledged by three awards in 2009-2010. See the details on here.

Each year Hydro Tasmania measure and report progress against sustainability targets and against the international Global Reporting Initiative (GRI) Sustainability Reporting Guidelines. We aim for the best practices as laid out in these international standards. Our 2010 GRI reporting achieved the highest application level, A+. Read more about GRI and our Annual Sustainability Report.

Our annual reporting performance is assured by external consultants, proving to be challenging and a good source of feedback for improvement in the processes and systems that come under scrutiny. It also provides greater confidence for our readers that what we report is accurate, transparent and balanced.