TORONTO, Sept. 6,
2023 /CNW/ - Today, Hydro One Limited (Hydro One)
announced it has been recognized on Newsweek's inaugural list of
the World's Most Trustworthy Companies 2023. This prestigious list
is presented by Newsweek and Statista Inc., the world-leading
statistics portal and industry ranking provider.
"We are honoured to be recognized as one of the most trustworthy
companies in the world," said Omar
Javed, Vice President, Communications, Marketing and
Investor Relations, Hydro One. "Hydro One energizes life across the
province and we are committed to building a better and brighter
future for our customers, communities and shareholders."
The awards list was announced earlier today and can currently be
viewed on Newsweek's website. The World's Most Trustworthy
Companies 2023 were identified through an independent survey based
on a vast sample of more than 70,000 participants in 23 industries
from 21 countries. A total of 269,000 evaluations were analyzed.
The participants rated companies they knew and were headquartered
in the respective country in terms of all three touchpoints of
trust.
The three main public pillars of trust were: Customer Trust,
Investor Trust, and Employee Trust. All stock-listed companies
headquartered in one of the target countries with a revenue of over
$500 million USD were considered in
the study.
Hydro One Limited (TSX: H)
Hydro One Limited, through its wholly-owned subsidiaries, is
Ontario's largest electricity
transmission and distribution provider with approximately 1.5
million valued customers, approximately $31.5 billion in assets as at December 31, 2022, and annual revenues in 2022 of
approximately $7.8 billion.
Our team of approximately 9,300 skilled and dedicated employees
proudly build and maintain a safe and reliable electricity system
which is essential to supporting strong and successful communities.
In 2022, Hydro One invested approximately $2.1 billion in its transmission and distribution
networks, and supported the economy through buying approximately
$1.9 billion of goods and
services. We are committed to the communities where we live
and work through community investment, sustainability and diversity
initiatives. We are designated as a Sustainable Electricity Leader™
by Electricity Canada.
Hydro One Limited's common shares are listed on the TSX and
certain of Hydro One Inc.'s medium term notes are listed on the
NYSE. Additional information can be accessed at www.hydroone.com,
www.sedarplus.com or www.sec.gov.
For further information: Media can contact Hydro One
Media Relations 24 hours a day at 1-877-506-7584 (toll-free in
Ontario only) or 416-345-6868.
SOURCE Hydro One Limited