Canada Post ranked amongst the best Corporate Citizens in Canada
July 2, 2009
Canada Post has been ranked favourably on a list of Canadian companies assessed for corporate sustainability. Corporate Knights, a Canadian-based publication with an explicit focus on corporate responsibility, placed Canada Post in 16th position on its recently published annual list of the Best 50 Corporate Citizens in Canada. The list was released in the Summer 2009 issue and was also distributed as a Globe and Mail insert in June.
The Corporate Knights ranking methodology recognizes companies concerned with long-term stakeholder (not just shareholder) value, and those with a true connection to the people and places they employ, affect, and serve. Financial metrics such as meeting pension plan and corporate tax obligations were weighted heavily.
Other factors included diversity in corporate leadership (Canada Post is notably one of only four female-headed companies on the list), as well as having a long view on corporate management of taxes, pensions, labour relations, governance, and environmental and social concerns.
The Corporate Knights mission is to ‘humanize the marketplace’ and to foster responsible corporate culture for a more liveable world by highlighting the environmental and social impacts of marketplace decisions, by showcasing leaders and innovators, and by bringing together key decision makers from all sectors. The company also publishes the annual Global 100 Most Sustainable Corporations in the World, announced each year at the World Economic Forum in Davos, Switzerland.
Read Canada Post’s Corporate Social Responsibility (CSR) Report to learn more about our many initiatives in support of balanced economic, social and environmental business practices.