Avista Moves Beyond Sustainability to Shared Value in Its 2011 Report
June 15 2011 - 11:33AM
Marketwired
Avista (NYSE: AVA) has released "Building Shared Value for a Shared
Future" its 2011 corporate responsibility report. In keeping with
the company's sustainable business practices, the report is
published online at avistautilities.com, key word: Shared Value.
This is the third annual report on the company's operations. New
this year is information about how the company is building shared
value for stakeholders through three areas of focus: customer
experiences, responsible resources and environmental stewardship.
"In the evolution of corporate responsibility reporting, the
role and vision of the corporation are changing. We've built a more
robust and informative report upon the traditional model. The
report now better shows how our work is integrated with our core
business strategies," said Scott Morris, Avista Corp. chairman,
president and chief executive officer. "The shared value
perspective gives us the opportunity to talk about how our
strategic business interests also bring value to the interests of
our stakeholders."
Highlights from the report include:
- Examples of how Avista is building shared value for customers,
a school district and a community;
- A look at how we are managing our carbon footprint to remain
among the lowest carbon emitters of investor-owned utilities in the
U.S.;
- A listing of the broad scope of organizations Avista partners
with to enhance community vitality and to provide assistance to
those on limited incomes and support for initiatives to reduce
poverty; and
- Avista's lifelong learning philosophy that contributes to above
average employee engagement.
About Avista Avista Corp. is an energy
company involved in the production, transmission and distribution
of energy as well as other energy-related businesses. Avista
Utilities is our operating division that provides electric service
to 358,000 customers and natural gas to 319,000 customers. Our
service territory covers 30,000 square miles in eastern Washington,
northern Idaho and parts of southern and eastern Oregon, with a
population of 1.5 million. Avista's primary, non-regulated
subsidiary is Advantage IQ. Our stock is traded under the ticker
symbol "AVA." For more information about Avista, please visit
www.avistacorp.com.
Avista Corp. and the Avista Corp. logo are trademarks of Avista
Corporation.
Contact: Media: Jessie Wuerst (509) 495-8578 Email
Contact Investors: Jason Lang (509) 495-2930 Email Contact Avista
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