Horizon Power is owned by the Government of Western Australia and established under the Electricity Corporations Act 2005. Horizon Power has its own Board which reports to the Minister for Energy.
Horizon Power's Corporate Governance Charter (Charter) outlines and promotes our corporate governance principles, systems and practices, including the role, responsibility and authority of the Board and Executive Management.
The Principles of Good Governance & Best Practice Recommendations established by the ASX Corporate Governance Council (ASX Corporate Governance Principles) are widely recognised as an authoritative reference for corporate governance principles for non-ASX listed Australian corporations, such as Horizon Power.
A copy of Horizon Power's ASX Corporate Governance Principles checklist is contained within the Charter.
Although Horizon Power is not obliged under the Act to comply with the ASX Corporate Governance Principles, the Board of Directors (Board) of Horizon Power considers those principles best reflect the expectations of Horizon Power's stakeholders and customers.
Accordingly, the Board has sought to adopt recognised best practice for corporate governance at Horizon Power through the implementation of a Corporate Governance Framework (Framework) developed in accordance with the following standards and guidelines:
Corporate Governance is the system by which Horizon Power is directed and managed. It influences how:
Using a wind turbine as inspiration, Horizon Power has created a visual representation of its Governance Framework. You can view the turbine here.
Our industry requires the highest standards of safety and health. Horizon Power is committed to the prevention of injury and harm and strives to continuously improve our safety and health performance. Our Safety and Health Policy identifies, assesses and manages the risks the workplace, customers and the public face.
At Horizon Power, the safety and wellbeing of our employees, contractors and the public is paramount. We fully understand and comply with the regulatory environment we operate in to ensure our infrastructure does not pose a risk.
We comply with the following Acts and regulations:
Horizon Power is committed to developing a sustainable energy future by providing innovative energy choices for customers.
Our policy recognises today's need for practical environmental care to protect the right of future generations to enjoy a sustainable and diverse natural environment.
The environmental responsibilities of all employees and contractors are highlighted in the policy, with Horizon Power's management driving its development and implementation.
The policy complies with AS, NZS and ISO 14001 Standards.
Download our environmental policy and the words behind the policy objectives.
Horizon Power has developed a management system called EMU - Environmental Management Utility - to manage environment and heritage issues.
EMU provides the business with the necessary tools to identify the environmental and heritage issues associated with operations, maintain legislative compliance and strive for continual improvement in environmental and heritage performance.
EMU is a systematic framework that facilitates:
Horizon Power seeks environmental approvals for projects that have the potential to impact on the environment.
We seek advice from the Department of Environment and Conservation and other agencies to ensure adequate consideration has been given to the design, construction and operational phases of projects.
Major projects that have the potential to impact the environment undergo a comprehensive, consultation program to ensure community involvement.
An environmental management plan is prepared to address environmental issues and the impacts, agency and community issues identified during the consultation process.
Environmental management plans set environmental objectives and targets, detail project management actions, provide a timeframe for completion and delegate responsibilities for undertaking the work.
Energy and the environment
Combustion of fuel releases energy. Over the past century, we have learned to control the combustion process to channel energy, as electricity. Electricity is one of the most important discoveries of humankind.Atmospheric emissions
Horizon Power generates, procures, distributes and sells electricity to industrial, commercial and residential customers in Western Australia.
Electricity generation is a major source of atmospheric emissions and many power generation plants burn fossil fuels to drive generators. Most of Horizon Power's electricity generation is fuelled by diesel and natural gas . By the end of 2011, Horizon Power will be supplying power from 10 stations which incorporate renewable energy, either solar, wind or hydro. Diesel and natural gas power stations are cleaner in terms of atmospheric emissions than traditional coal-fired power stations and renewable fuel sources do not produce emissions.
Horizon Power is committed to using resources responsibly and reducing the impact of atmospheric emissions on the environment. By closing old plants, commissioning new, more efficient generating plants and increasing development of renewable energy resources, the business is working to reduce atmospheric emissions.
The National Pollutant Inventory (NPI) is a national database designed to provide the community with information on the types and amounts of specified pollutants. The NPI provides the community, industry and government with access to consistent and reliable information about emissions to land, air and water in Australia.
The NPI includes information about Horizon Power's power station emissions.
Horizon Power aims to protect the natural and cultural environment in all of its operations. Designated Environmentally Sensitive Areas (ESAs) identify operational sites and surrounding areas which require special consideration and care.
Rare flora (Declared Rare Flora and Priority Flora 1-4) is the most common environmental element protected by the ESA system.
Other environmental issues covered by the ESA designation include threatened ecological communities, significant vegetation, noxious weeds, rare fauna, rehabilitated land, organic farms and dieback protected areas.
Notification of an environmental issue that requires the creation of an ESA can come from a variety of sources including:
Electro-Magnetic Fields (EMFs) are found wherever electricity is used and occur around all electric wires and electrical appliances. The possible health effects from exposure to power frequency EMFs has been the subject of scientific research and media coverage for many years. To date, worldwide scientific consensus is that adverse health effects from EMF exposure have not been established. Research continues.
Horizon Power designs and operates all its plant and facilities to comply with guidelines for human exposure to power frequency EMFs as recommended by the World Health Organisation and National Health and Medical Research Council of Australia.
Visit the Economic Regulation Authority website to view the Code of Conduct for the Supply of Electricity to Small Use Customers