One Hydro

STRATÉGIES ET DÉVELOPPEMENT

Developing strategies

PLANIFICATION INTÉGRÉE DES BESOINS

Planning and prioritizing

INFRASTRUCTURES ET SYSTÈME ÉNERGÉTIQUE

Designing and building

DRIVERS

Our value chain consists of four main groups whose actions are driven by six others. By working together to make our customers and the community central to our actions, they help us achieve the success of our current and future goals. Technologies numériques

EXPLOITATION ET EXPÉRIENCE CLIENT

Operating and marketing

Affaires corporatives, juridiques et réglementaires et gouvernance

ONE value chain for HYDRO

In view of meeting both the challenges of the energy transition and our obligations to our Québec customers, we embarked on an ambitious undertaking that has entailed significant changes to how we do things. This collective effort has led to a unified outlook: One Hydro.

Our insistence on the word ONE highlights our new corporate structure, in which our activities converge in a single, unified energy system, our actions are positioned in a cross-cutting value chain, cooperation is key and that together we will realize the initiatives that make up our Strategic Plan 2022–2026.

The illustration on the previous page presents the activities of the four groups that make up our value chain:

• Groupe – Stratégies et développement is in charge of company strategies, corporate evolution and business development as well as acquisitions, investments, export markets, innovation and R&D.

• Groupe – Planification intégrée des besoins énergétiques et risques is mandated to assess our energy needs and conduct the analyses required to optimally allocate financial resources to our various projects by carefully weighing all the risks and opportunities involved.

• Groupe – Infrastructures et système énergétique oversees energy system design and development, asset management, technical expertise and support, construction and refurbishment projects, and strategic procurement. The group also manages occupational health and safety and environmental activities on jobsites.

• Groupe – Exploitation et expérience client manages electricity supply, technical services, the operation and management of generation, transmission and distribution assets and all customer interactions.

These four groups are supported by our cross-functional groups – Technologies numériques – Talents et culture – Direction financière – Développement durable, relations avec les communautés et communications – Affaires corporatives, juridiques et réglementaires et gouvernance – Audit interne –which drive us to achieve the aims that let us fulfill our core mission.

Working together more effectively in One single, unified Hydro

Addressing climate risks

To closely manage the risks we face, we recently published our Climate Change Adaptation Plan, the result of a wide-reaching assessment of the risks related to not only human activities, but also our infrastructures and operations. The assessment process involved evaluating the severity of climate change impacts and establishing concrete measures based on targets and indicators. Over time, we will be able to determine the impact of our efforts on our action area categories: facility design, operations, power outages and impacts on assets and worker health and safety. Climate risks now form an integral part of our corporate decision-making process—it’s our commitment to Quebecers.