Governance outlook: Opportunities for continuous improvement
EPCOR has a sustained record of high performance on board independence, ethics conduct and monitoring, and corporate reputation.
The company's commitment to equal the governance of the best publicly-traded firms requires an ongoing evaluation and evolution in the company's governance practices – and consideration of changes in regulatory and market context. As our practices change, we expect to update our
Statement of Corporate Governance Practices, and provide commentary on those changes in future ESG reports.
We continue to monitor the potential for diversity reporting practices to expand and include additional attributes. For example, as of 2020, publicly-traded corporations governed by the
Canada Business Corporations Act are required to provide additional diversity disclosures respecting Aboriginal persons, visible minorities and persons with disabilities on the board and senior management. While EPCOR is incorporated pursuant to the
Business Corporations Act (Alberta) the company continues to track the evolution in disclosure requirements, and consider the expansion of diversity reporting to include additional attributes in future reports.