Objectives for good governance is to achieve best practice and comply with rules that guide business integrity.

Edison Electric is committed to sound principles of corporate governance. This section provides information pertaining to our board committees, our ethical values and our policies. It also highlights the most important areas of governance which guide all of our decisions and behaviour and that make Edison's board accountable.

Governance Metrics. Our governance metrics cover these broad categories of analysis: Board Accountability, Internal Controls & Financial Disclosure, Executive Compensation, Shareholder Rights, Ownership Base, Takeover Provisions, plus Corporate Behavior and Social Responsibility.

Edison Electric Board has been awarded the highest distinction by the Institute of Corporate Directors.

CONTINUES TO EARN TOP MARKS FOR GOVERNANCE. Acording to rating agency Governance Metrics International, Edison is among companies that scored a perfect 10 in a global corporate governance study. The corporate governance research and ratings agency released in September 2004 its new ratings on 2,588 global companies.

 

 

 

On an ongoing basis, the Board reviews its structure, practices and composition and initiates changes to improve its effectiveness.

The Board carefully reviewes our corporate governance practices against the TSX guidelines, the Sarbanes-Oxley Act and related rules and regulations of the U.S. Securities and Exchange Commission and the Canadian Securities Administrators rules relating to audit committees and certification of financial information, as well as other initiatives in this area. Although we are not required to comply with the SEC/CSA rules, our governance practices generally comply with them.

• Literatures & References are in PDF format.