Submitted by: Export Development Canada
Posted: Aug 23, 2011 – 08:58 AM EST
OTTAWA, Aug. 23 /CSRwire/ - Export Development Canada (EDC), Canada's Export Credit Agency, today issued its seventh Annual Report on Corporate Social Responsibility (CSR).
“This year, greater integration between our CSR and corporate Annual Reports is a reflection that CSR is not only firmly embedded in EDC’s business activities, but also in its corporate strategy,” said Jim McArdle, Senior Vice-President, Legal Services and Corporate Secretary of EDC, who is responsible for CSR at EDC.
In addition to the expanded online CSR Annual Report, EDC’s key CSR achievements are also integrated into EDC’s corporate Annual Report in areas that touch upon CSR issues and practices.
The CSR report highlights EDC's new Environmental and Social Risk Management Framework for managing environmental and social risks. The framework was released in November 2010 and includes a commitment to increase disclosure of information about projects with greater potential for environmental and social impacts.
The 2010 CSR Report outlines EDC’s other CSR activities and achievements during the year, including:
To reduce EDC’s operational footprint, this detailed report is only available online.
EDC remains committed to improving the transparency of its business operations to a wide range of stakeholders.
EDC is Canada’s export credit agency, offering innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC’s knowledge and partnerships are used by more than 8,200 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining and a recognized leader in financial reporting and economic analysis.