Hydro One Exceeds Indigenous Spending Target, Boosts Safety and Local Procurement
Event summary
- Hydro One achieved a recordable injury rate of 0.68 per 200,000 hours worked in 2025, below industry standards.
- The company spent $216 million on Indigenous businesses, exceeding its 5% target by 2026.
- Over 90% of Hydro One's procurement spending was directed to Canadian suppliers in 2025.
- Hydro One invested $3.4 billion in its transmission and distribution networks in 2025.
The big picture
Hydro One's 2025 Sustainability Report highlights its strategic focus on safety, Indigenous partnerships, and local procurement, aligning with broader trends in economic reconciliation and supply chain resilience. As Ontario's largest electricity transmission and distribution provider, Hydro One's investments and partnerships are crucial for meeting the province's increasing long-term demand for electricity. The company's success is closely tied to Ontario's economic goals, making its strategic initiatives a key factor in the region's energy landscape.
What we're watching
- Indigenous Partnerships
- How Hydro One's First Nation Equity Partnership Model will impact future project deliveries and economic reconciliation efforts.
- Supply Chain Resilience
- Whether Hydro One can sustain its high level of Canadian procurement amid global supply chain uncertainties.
- Safety Performance
- The pace at which Hydro One can maintain or improve its safety record as it expands its transmission and distribution networks.