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Hydro One surpasses Indigenous spending target early, boosts local procurement and safety in 2025 report

Market News
07 May 2026
PRNewsWire
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Bullish
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Hydro One released its 2025 Sustainability Report highlighting a record low injury rate and exceeding its Indigenous business spending target by investing $216 million, over 7% of its total procurement, ahead of the 2026 goal. The company also directed over 90% of procurement spending to Canadian suppliers, supporting local manufacturing and supply chain resilience. These efforts align with Hydro One’s commitment to safety, Indigenous partnerships, and sustainable growth to meet Ontario’s increasing electricity demand. The report underscores Hydro One’s role in building a reliable electricity system and contributing to Ontario’s economic goals.

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