Reports & publications

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Corporate publications

As a public, government-owned utility, we’re committed to transparency and accountability to all Manitobans. Our high-level corporate publications are issued monthly, quarterly, or annually and reflect how we do business in the province. Here you’ll find our annual and quarterly reports, our Environmental Social Governance report, and our annual Enterprise Plan, along with other publications.

Documents

• 2024 Public Sector Compensation Disclosure Report (PDF, 956 KB)
• 2021–2022 Manitoba Hydro Annual Business Plan (PDF, 704 KB)
• How we do business: Manitoba Hydro’s Code of Conduct (PDF, 2.9 MB)
• 2023-24 Manitoba Hydro Supply Chain Report (PDF, 1.8 MB)

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Annual Report 2023–24

Planning for a strong energy future: 2023–2024 Annual Report

The 73nd Annual Report of the Manitoba Hydro-Electric Board, for the year ending March 31, 2024, is available to view, print, or save.

• View the 2023–24 Annual Report (PDF, 9.9 MB)

Corporate highlights

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Environmental, social, and governance

Energy for Life: People, Community and Environment

Our Environmental, Social, and Governance Report, for the year ending March 31, 2024, is available to view, print, or save.

• View the 2023–2024 ESG Report (PDF, 29 MB)
• View the 2023–2024 Highlights (PDF, 6.5 MB)

As Manitoba's largest energy provider, we strive to operate our business ethically and responsibly to contribute to our province's economic and social growth and serve our customers as a trusted energy advisor.

Every year, preparation of our Environmental, Social, and Governance Report presents an opportunity to reflect on our ongoing commitment to provide Energy for Life —sustainably, ethically and with care.

Highlights 2023—2024

People

• Natural Gas Utility Workers: providing an essential service
  October 23, 2023
• The Hydro tugboat and the one person licensed to operate it
  November 22, 2023
• Recruiting drive yields bumper crop of trainees
  June 9, 2023

• 99% of employees completed ethics training
• 257 students joined our workforce for a summer placement
• more than $109,000 provided in scholarships and bursaries to students across Manitoba
• 76% of residential customers reported they are satisfied with Manitoba Hydro’s overall service
• 93% of customers satisfied with field service
• 76,885 line locates completed
• 1,094 loans representing $4.48 million provided to customers through our Energy Finance Plan
• 2,810 loans worth $14.02 million provided through the Home Energy Efficiency Loan to customers for qualifying upgrades

Community

• Natural gas safety for new Canadians
  December 5, 2023
• Advanced mobile leak detection increases customer safety
  November 28, 2023
• Manitoba Métis Federation and Manitoba Hydro announce revitalization agreement
  August 3, 2023
• Connecting with communities on Northern waterways
  July 10, 2024
• 25 years of educating kids at the Royal Manitoba Winter Fair
  May 9, 2023

• 66% of residential customers are satisfied with Manitoba Hydro's Safety Education
• 4,748 grade five and six students across 94 schools reached province-wide with electrical and natural gas safety messaging
• more than $1,101,000 in combined employee and payroll donations
• more than $23,000 donated to 32 employee-championed events and $6,400 to 16 volunteer grants
• almost $500,000 contributed to sponsorships of events and activities across Manitoba

Environment

• Leader in Sustainability Award bestowed for our battery recycling efforts
  March 12, 2024
• Pileated woodpeckers added to protected species, may be nesting in our poles
  May 31, 2024
• Hydro defends its Commuter Challenge title
  August 1, 2023
• Manitoba Hydro’s first-ever Integrated Resource Plan predicts swift, significant increase in electrical demand
  August 2, 2023

• Leader in Sustainability Award in 2023, in recognition of the effort we made to help divert 2,475 kilograms of batteries from Canadian landfills
• 74 metric tons of paper recycled through our Official Records Destruction, Confidential Shredding and T.R.I.M programs
• 37.9 metric tonnes of electronic equipment donated for re-purposing or recycling (e-waste) through the Computers for Schools Manitoba program
• more than 75,000 litres of waste oil was collected and recycled
• more than 98 metric tons of industrial non-hazardous materials were recycled

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Financial

We issue reports on our operations and finances.

• Manitoba HydroBonds & interest rates
• Information memorandum

Annual reports

Our annual report covers the corporate fiscal reporting year of April 1 to March 31 and is issued to the utility’s shareholders, the people of Manitoba.

• “Planning for a strong energy future”, our annual report for the fiscal year ended March 31, 2024
• “Energy for Life”, our annual report for the fiscal year ended March 31, 2023 (PDF, 6.6 MB)
• “Turning vision into action”, our annual report for the fiscal year ended March 31, 2022 (PDF, 3.1 MB)

Quarterly reports

A quarterly report updates our financial picture at the end of three, six and nine months to supplement financial information found in the annual report.

• 2024 Third Quarterly Report (PDF, 1.5 MB)
  for the 9 months ended December 31, 2024
• 2024 Second Quarterly Report (PDF, 1.5 MB)
  for the 6 months ended September 30, 2024
• 2024 First Quarterly Report (PDF, 6.2 MB)
  for the 3 months ended June 30, 2024
• 2023 Third Quarterly Report (PDF, 615 KB)
  for the 9 months ended December 31, 2023
• 2023 Second Quarterly Report (PDF, 911 KB)
  for the 6 months ended September 30, 2023
• 2023 First Quarterly Report (PDF, 652 KB)
  for the 3 months ended June 30, 2023
• 2022 Third Quarterly Report (PDF, 341 KB)
  for the 9 months ended December 31, 2022
• 2022 Second Quarterly Report (PDF, 588 KB)
  for the 6 months ended September 30, 2022
• 2022 First Quarterly Report (PDF, 649 KB)
  for the 3 months ended June 30, 2022
• 2021 Third Quarterly Report (PDF, 1.2 MB)
  for the 9 months ended December 31, 2021
• 2021 Second Quarterly Report (PDF, 832 KB)
  for the 6 months ended September 30, 2021
• 2021 First Quarterly Report (PDF, 272 KB)
  for the 3 months ended June 30, 2021
• 2020 Third Quarterly Report (PDF, 276 KB)
  for the 9 months ended December 31, 2020
• 2020 Second Quarterly Report (PDF, 312 KB)
  for the 6 months ended September 30, 2020
• 2020 First Quarterly Report (PDF, 586 KB)
  for the 3 months ended June 30, 2020

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Certain documents on this page were published before changes to provincial and federal laws about accessibility and environmental claims. We are doing an ongoing, but not completed, review to determine whether these documents, and any claims made in them, comply with the new legislative requirements.