SOURCE: Avista

Avista

May 30, 2013 11:36 ET

Avista Releases 2013 Shared Value Report

Multi-Media Channels Enhance Online Content and Readership

SPOKANE, WA--(Marketwired - May 30, 2013) -  Avista, the regulated utility business of Avista Corp. (NYSE: AVA), has released "Shared Value - Shared Success," its 2013 corporate responsibility and sustainability report. This fifth annual report on the company's operations was prepared in accordance with and has fulfilled the Level B requirements of the G-3 and Electric Utility Supplement of the international Global Reporting Initiative.

"Our stakeholders are increasingly more aware of the complexity of our utility business. This report provides greater transparency into all aspects of our operations, environmental stewardship and community partnerships, which are the topics they are most interested in," said Dennis Vermillion, president of Avista Utilities. "The shared value perspectives, coupled with the videos and web links in the report, give us the opportunity to talk about how our strategic business interests align with the interests of our stakeholders, adding value to their lives."

Shared value highlights from the 2013 report include:

  • Focused emphasis on building relationships with organizations serving veterans to help their transition from military experience to civilian careers, including energy-industry jobs;

  • The economic impact of the Palouse Wind project that is enhancing the local economy while adding renewable power to Avista's diversified generating portfolio;

  •  Integrating CNG-fueled vehicles into our fleet for cost-effective transportation with an environmentally responsible fuel; and

  • Bringing energy fairs to convenient locations in our communities to connect directly with customers about ways to manage energy use and costs, while bringing together community resources to help those who may need additional information about weatherization, jobs or other social services.

In keeping with the company's sustainable business practices, the report is published online at avistautilities.com, key word: Shared Value.

About Avista
Avista is involved in the production, transmission and distribution of energy. We provide energy services and electricity to 362,000 customers and natural gas to 323,000 customers in a service territory that covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.5 million. Avista is an operating division of Avista Corp. (NYSE: AVA). For more information, please visit www.avistautilities.com.

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