Leading the clean energy transition
We believe the 2020s will be a decade of massive clean energy expansion and we are excited about the role that TransAlta will play. We have a proven track record along with the expertise and experience to meet the challenge.
Our strategic focus is to invest in clean energy solutions that meet the needs of our industrial customers and communities. We invest in a disciplined manner in projects that help our customers and communities meet their environment, social and governance (ESG) objectives and that deliver returns to our shareholders.
Our strategic priorities
Optimize Alberta portfolio
We began in Alberta over 113 years ago with the construction of our first hydro facility. Today, our operations span the country, providing the electricity Canadians need every day.
Execute Clean Electricity Growth Plan
Our sustainability targets support the long-term success of our business. The targets in our 2023 Annual Integrated Report (page M70) outline our ESG commitments including climate change, diversity, and water use.
Selective expansion of flexible generation and reliability assets
Our battery energy storage systems enhance power system flexibility, response, and reliability by enabling electricity from the grid and intermittent renewables, including wind, solar and hydro, to be stored and released when power is needed most.
Maintain financial strength and capital allocation discipline
With over 113 years of experience in the power generation industry, TransAlta’s proven expertise has created a company with a diversified asset base.
Define next generation of power solutions
With over 113 years in the power business, TransAlta is an experienced and reliable partner to help supply your business with the energy solutions it needs. We have 79 energy assets in our portfolio.
Lead in ESG and market policy development
Do you need to reduce your carbon footprint, execute your ESG strategy, and demonstrate leadership as an environmental champion within your sector? Our renewable energy products and knowledgeable team of energy experts can help you achieve your environmental sustainability goals.
ESG is more than simply a business strategy, it’s our competitive advantage
Sustainability, or ESG, is one of our core values: it is part of our corporate culture and is a top priority. We strive to integrate sustainability into governance, decision-making, risk management and our day-to-day business processes, while balancing growth considerations and the economy.
