Submitted by: Export Development Canada
Posted: Jun 29, 2015 – 09:00 AM EST
OTTAWA, Jun. 29 /CSRwire/ - Export Development Canada (EDC) today issued its 10th annual report on Corporate Social Responsibility (CSR). This milestone report provides a detailed look at the corporation’s CSR initiatives in the past year, as well as progress that has been made since its inaugural report in 2005.
“While this is the tenth year of our report, it also marks the culmination of nearly two decades of developed expertise in CSR practices at EDC,” says Signi Schneider, Vice-President, CSR, EDC. “This report helps to demonstrate not only how far EDC has come in refining our CSR practices, but also the CSR growth of our Canadian clients and international partners.”
EDC is Canada’s trade finance agency, and the leading provider of financing, insurance and bonding for Canadian companies of all sizes that do business outside of Canada.
“This year we are telling our CSR story through the voices of our customers and employees,” says Schneider. “We created this report using multimedia to better reach our audience and to help explain what we do.”
This year’s report features six videos to help visually explain how EDC monitors investments and implements CSR initiatives.
The report highlights EDC’s CSR achievements in 2014 including:
Further integration of business activities with initiatives that have a positive environmental impact through the issuance of our green bond, Canada’s first;
Recognized for extensive public disclosure of information resulting in being ranked first amongst Canada’s top 10 on the Corporate Knights Future 40 Responsible Corporate Leaders in Canada;
Provided financial services to 7,400 businesses of which more than 6,100 were Canadian small and medium-sized enterprises; and
Performed enhanced due diligence on potential corruption and bribery risks for 58 transactions.
The report is available exclusively online at EDC’s 2014 CSR Annual Report.
This report was developed using the Global Reporting Initiative’s (GRI) G4 Sustainability Reporting Framework. This international framework is designed to bring greater transparency to corporate reporting.
EDC is Canada’s trade finance agency, providing financing and insurance solutions locally and around the world to help Canadian companies of any size respond to international business opportunities. As a profitable Crown corporation that operates on commercial principles, EDC works together with private- and public-sector financial institutions to create greater capacity for Canadian companies to engage in trade and investment.
For more information about how EDC can help your company, call us at 1-888-434-8508 or visit www.edc.ca.