GRI/G3
Indicators

ENMAX Performance Measures

4.1 

4.2

4.3

4.4

4.6

In accordance with Section 120 of the Business Corporations Act (Alberta), a director is required to annually disclose the following information:

1. any director or officer positions held in another corporation; and
2. any material interest in any other person (legal entity) who is a party to a material contract or proposed material contract with ENMAX Corporation.

At ENMAX, the Corporate Secretary keeps director disclosures on file. In addition, at every Board and Committee meetings, directors are required to disclose any conflicts of interest that arise in relation to the matters planned for discussion on meeting agenda.

4.8

4.9

At ENMAX Corporation, the principal role of the Board of Directors is the stewardship of the Corporation. The Board oversees the conduct of the business and supervises management, which is responsible for the day-to day conduct of the business. The Board must assess and ensure that systems are in place to manage the risks of the Corporation's business with the objective of preserving the Corporation's assets. The Board, with the involvement of the chief executive officer (“CEO”), must establish the strategic direction, vision, mission, values and long term goals for the Company. In its supervisory role, the Board, through the CEO, sets the attitude and the disposition of the Corporation towards compliance with applicable laws, environmental, safety and health policies, financial practices and reporting. 

The Board of Directors delegates to Committees of the Board responsibility for the monitoring of economic, environmental and social performance, the associated risks and opportunities, and compliance with legislative and regulatory frameworks.  Each Committee of the Board has a detailed Mandate that identifies the Committee’s responsibilities and accountabilities.  Likewise, each Committee has an Annual Work Plan that identifies the workload that will be dealt with at each meetings of the Committee in order to meet all the requirements of the Committee Mandate.  Committee Chairs report to the full Board on the work conducted at each Committee meeting thereby ensuring that the Board of Directors is fully apprise of performance, risk and compliance matters.

4.10

At ENMAX, each year, each Director on the Board completes a questionnaire and evaluates the effectiveness of processes in place at the Board and Committee levels for overseeing economic, environmental and social performance.  Responses are collated, reviewed with the Board and discussed in detail in an effort to identify process improvements. 

4.11 

ENMAX Corporation and its subsidiary companies take a holistic and integrated approach to risk management which addresses risk exposures across all of ENMAX's business activities and risk types. In consultation with the Board of Directors, management has developed and implemented an enterprise risk management (ERM) program to identify, analyze, evaluate, treat and communicate the Company's risk exposures in a manner consistent with the ENMAX's business objectives and risk appetite.

The Board of Directors and management have assigned accountability for overseeing such exposures to Committees of the Board and for managing ENMAX's risk exposures to business units and shared services departments. At a management level, each accountability area is responsible for assessing its assigned risk exposures and implementing appropriate risk treatment plans. ENMAX's Risk Management department coordinates enterprise risk assessment and reporting processes.

ENMAX's Risk Management Committee, consisting of senior management team members, and the Board of Directors’ Enterprise Risk Management Committee, consisting of each Chair of a Board Committee and the Chair of the Board of Directors, oversee the company’s risk management program and monitor ENMAX's aggregate risk exposure. The management and oversight of ENMAX’s enterprise risk exposures are carried out within this context.

4.14 

• Public
• Energy Industry Partners
• Local Government
• Provincial Government
• Media
• Special Interest Groups
• Non Government Organizations
• Regulators
• Other

4.15 

Primarily any group or individual affected by or those who may have an interest in our activities. Regulation also prescribes minimal guidelines for engagement such as proximity to company facilities

4.16

4.17 

Environment – We are fully committed to providing environmentally responsible energy solutions in the communities we serve and in which we operate

Employment/Benefits – ENMAX  is committed to using qualified local businesses when and where possible and being an excellent corporate neighbour in the community