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Canada Post named one of the Best 50 Corporate Citizens in Canada for the 2^nd year in a row
Listing recognizes the Corporation’s excellence in environmental and social initiatives, and community involvement

June 28, 2010

Canada Post today announced it has been chosen as one of Canada’s Best 50 Corporate Citizens for the second year in a row by Corporate Knights magazine. The corporation’s recognition is a testament to its dedication to social programs, environmental initiatives and community involvement.

The annual list of Canada’s Best 50 Corporate Citizens is compiled by Corporate Knights™, an independent company that publishes the world’s largest circulation magazine with an explicit focus on corporate responsibility. Corporate Knights compiles the Best 50 Corporate Citizens list using a ranking methodology that recognizes companies concerned with long-term stakeholder value, and those with a true connection to the people and places they employ, affect and serve. Other factors include financial metrics, diversity in corporate leadership, and corporate management of taxes, pensions, labour relations, governance, and environmental and social concerns.

“From ensuring the health and safety of employees to raising money for charities, supporting Canadian communities and reducing greenhouse gas emissions, our ultimate goal is to create a sustainable Canada Post that provides value to its customers, its employees and all Canadians,” says Phil Ventura, Canada Post’s Senior Vice-President of Strategy. “We are proud that our corporate citizenship initiatives are being recognized again.”

Canada Post reduced lost-time accidents by 22 per cent and raised $1.6 million for mental health in 2009, and has reduced greenhouse gas emissions by more than 16 per cent since 1990.

"Canada Post's relatively strong board diversity, commitment to taking care of its employees through its fully funded pension plan, and strong environmental disclosure helped place it in the 2010 Best 50 Corporate Citizens," says Toby Heaps, Editor, Corporate Knights magazine.

Some of Canada Post’s other recent achievements include:

• Raising $2.4 million for United Way.
• Exceeding delivery performance standards and the customer value index target.
• Achieving the highest employee engagement score ever.
• Registering 11 buildings for LEED certification in the last two years, including the new Winnipeg mail processing plant.
• Reducing water consumption at head office by more than 40 per cent.
• Recording a profit for 15 consecutive years
• Being named Most Iconic Brand in Canada by Brand Finance Canada.
• Being selected as one of Canada’s Top 100 Employers, for the fourth year in a row, and as one of Canada's Best Diversity Employers, as announced in Maclean's magazine.

More information about Canada Post’s many initiatives in support of balanced economic, social and environmental business practices can be found in its Corporate Social Responsibility report, which is available at canadapost.ca/csr.

About Canada Post
With 71,000 employees and more than 6,500 post offices, The Canada Post Group – including affiliates Purolator Courier and SCI Group, as well as Innovapost (a joint venture with CGI), maintains the largest retail and transportation network in the country. Canada Post delivered close to 11 billion pieces in 2009 to 15 million addresses across Canada, posting $7.3 billion in revenue. Canada Post provides innovative physical and electronic delivery solutions, creating value for our customers, employees and Canadians. Canada Post has been chosen as one of Canada’s Top 100 employers by Mediacorp for the past four years and in 2009 was named “Most Iconic Brand in Canada” by Brand Finance Canada. Website: canadapost.ca.