Hydro Ottawa Holdings Inc.

Unverified
XFID Unique Identifier for Hydro Ottawa Holdings Inc.: XODN8B9GUC
Sector
Utilities
Website
mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com
2 Second Party Opinions
1 Impact Report
1 Framework
XFID Type Title Year Source Retrieved
XF-GPYHDY1-1 Impact Report Hydro Ottawa Green Bond Impact 2020 2020 hydroottawa.com 31 Mar 2026
XF-MMIHA0G-X Framework Hydro Ottawa Green Bond Framework Dec 2024 2024 hydroottawagroup.com 31 Mar 2026
XF-UH2S52G-G Second Party Opinion Hydro Ottawa Green Bond Framework Second-Party Opinion 2020 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-SOCF3T9-X Second Party Opinion Hydro Ottawa Green Bond Framework Second-Party Opinion (2024) 2024 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026

XF Company Profile

Extra-financial information found across 4 documents in the XframeworkID registry

NACE D Electricity, Gas & Steam Supply

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction (Issuer Identity & Structure)
Hydro Ottawa Holdings Inc., Canada Framework 2024 2024
Issuer sector/industry classification (Issuer Identity & Structure)
Electricity, Gas & Steam Supply; Utilities Framework 2024 2024
Issuer type (e.g., bank, asset manager, pension fund, REIT, utility) (Issuer Identity & Structure)
Utility Framework 2024 2024
Core business activities and geographic focus (Issuer Identity & Structure)
Electricity distribution, renewable energy generation, energy and utility services, telecommunications services; geographic focus: Ottawa Framework 2024 2024

Corporate Strategy & Mission

Corporate mission and sustainability strategy (Corporate Strategy & Mission)
Promote environmental sustainability, reduce environmental impact of operations, improve environmental performance, and achieve net-zero operations by 2030 Framework 2024 2024
Corporate purpose statement relating to sustainability (Corporate Strategy & Mission)
Help build a vibrant and sustainable capital with focus on health and safety of employees, customers, and city; environmental priority in defining success Impact 2020 2020
Sustainability strategy pillars and focus areas (Corporate Strategy & Mission)
Five Ds: decarbonization, digitization, decentralization, diversification, demographics; enhanced operational efficiency and improved ESG performance Framework 2024 2024

Sustainability & Climate Commitments

Net zero target year for operational emissions (Sustainability & Climate Commitments)
2030 Framework 2024 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version (Green / Sustainable Finance Framework)
Green Bond Framework, December 2024 Framework 2024 2024
Eligible use-of-proceeds categories (Green / Sustainable Finance Framework)
Clean Energy, Clean Transportation, Green Buildings, Energy Efficiency, Biodiversity and Conservation, Climate Change Adaptation SPO 2024 2024
Project evaluation and selection process description (Green / Sustainable Finance Framework)
Hydro Ottawa's Treasury Department is responsible for evaluation and selection of projects in accordance with eligibility criteria; company maintains environmental management system and conducts public consultations and environmental assessments to mitigate social and environmental risks SPO 2024 2024
Management of proceeds approach (Green / Sustainable Finance Framework)
Treasury group tracks allocation using green bond register; full allocation intended within 36 months of issuance; pending allocation, net proceeds used for debt repayment or held in cash equivalents such as bank deposits SPO 2024 2024
Temporary investment of unallocated proceeds (Green / Sustainable Finance Framework)
Debt repayment or held in cash equivalents such as bank deposits SPO 2024 2024
Financing timeline (disbursement period) (Green / Sustainable Finance Framework)
36 months from issuance SPO 2024 2024
Reporting commitments under framework (Green / Sustainable Finance Framework)
Annual allocation reporting on company website until full allocation; reporting includes amounts allocated to eligible categories and balance of unallocated proceeds; impact metrics reporting intended SPO 2024 2024
Framework publication date and update history (Green / Sustainable Finance Framework)
December 2024 (2024 Framework); 2020 (2020 Framework) Framework 2024 2024

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles (Standards & Regulatory Alignment)
Green Bond Principles 2021 SPO 2024 2024
Alignment with UN Sustainable Development Goals (Standards & Regulatory Alignment)
SDGs 7, 9, 13, and 15 (2024 framework); SDGs 7, 11 (2020 framework) SPO 2024 2024

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date (External Review & Verification)
Sustainalytics, December 2024 SPO 2024 2024
SPO preliminary evaluation or credibility rating (External Review & Verification)
Credible and impactful; aligns with four core components of Green Bond Principles 2021 SPO 2024 2024
SPO assessment scope and methodology (External Review & Verification)
Assessment of use of proceeds eligibility, project selection process, environmental and social risk management, management of proceeds, and reporting practices SPO 2024 2024

Changes Over Time

Items where disclosed information changed across documents.

Second Party Opinion (SPO) provider name and assessment date
2020 Sustainalytics, February 2019
2024 Sustainalytics, 2024
SPO preliminary evaluation or credibility rating
2020 The Hydro Ottawa Green Bond Framework is credible and impactful, and aligns with the four core components of the Green Bond Principles 2018
2024 Credible and impactful
Eligible use-of-proceeds categories
2020 Renewable Energy Generation, Clean Transportation, Green Buildings, Pollution Prevention and Control
2024 Clean Energy, Clean Transportation, Green Buildings, Energy Efficiency, Biodiversity and Conservation, Climate Change Adaptation
Alignment with ICMA Green Bond Principles
2020 Aligns with the four core components of the Green Bond Principles 2018
2024 Aligns with Green Bond Principles 2021
Alignment with UN Sustainable Development Goals
2020 SDGs 7, 11, and 12
2024 SDGs 7, 9, 13, 15
Project evaluation and selection process description
2020 Hydro Ottawa's Treasury department, with advice from internal stakeholders including the company's project development and construction team and select members of Hydro Ottawa's Executive Management Team, will conduct the project selection process
2024 Hydro Ottawa's Treasury Department evaluates and selects projects in accordance with eligibility criteria; company maintains environmental management system and conducts public consultations and environmental assessments
Management of proceeds approach
2020 Proceeds held in segregated account(s) consisting of cash and/or short-term money market instruments; tracked through a Green Bond Register
2024 Treasury group tracks allocation using green bond register; full allocation within 36 months of issuance
Temporary investment of unallocated proceeds
2020 Cash and/or short-term money market instruments
2024 Repayment of debt or held in cash equivalents, such as investment in bank deposits
Reporting commitments under framework
2020 Annual information published on website or in financial statements; allocation reporting to include amounts allocated to Eligible Categories and unallocated proceeds balance; may include examples of Eligible Investments and impact reporting on relevant metrics where feasible
2024 Annual reporting on allocation and impact metrics; reporting includes amounts allocated to eligible categories and balance of unallocated proceeds