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Export Development Canada (EDC) publishes Annual CSR Report: Where Opportunity Meets Best Practice
Export Development Canada (EDC) publishes Annual CSR Report: Where Opportunity Meets Best Practice
Published 06-17-14
Issued by Export Development Canada
Summary
The export credit agency has developed its report according to the Global Reporting Initiative's (GRI) new G4 Sustainability Reporting Framework
Report Highlights
Export Development Canada (EDC), Canada's Export Credit Agency, is pleased to announce the release of its 9th Annual Corporate Social Responsibility (CSR) Report which can be viewed here. Le rapport est également disponible en français.
EDC has developed its report according to the Global Reporting Initiative’s (GRI) new G4 Sustainability Reporting Framework.
“There is a strong public expectation that EDC, as a Crown corporation that represents the Government of Canada, make sure that the business we consider is performed in a responsible and ethical manner,” said Signi Schneider, Vice-President, CSR, EDC.
The report highlights EDC’s opportunities in 2013 to integrate corporate social responsibility practices with its business activities. Developed exclusively as an online product, the report uses profiles of EDC business transactions, as well as videos to illustrate how this is done.
Highlights of the 2013 report include:
- Helped small and medium-sized entreprises (SMEs) conduct $11.6 billion in exports;
- The development of EDC’s first Green Bond offering;
- Playing a key role in revisions to the Equator Principles framework (EP III) which guides how the financial industry looks at the environmental and social impacts of large infrastructure projects; and
- A review of EDC’s internal anti-corruption risk assessment process, to strengthen its due diligence tools for higher-risk sectors and to incorporate amendments to the Corruption of Foreign Public Officials Act (CFPOA).
Stakeholders are welcome to provide feedback to csr-rse@edc.ca.
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 7,400 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.
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Export Development Canada
Export Development Canada
EDC is a Canadian financial Crown corporation that helps companies go, grow, and succeed in their international business. We do this by providing financing, insurance, bonding, trade knowledge, and matchmaking connections to help Canadian companies sell and invest abroad. EDC can also provide financial solutions to foreign buyers to facilitate and grow purchases from Canadian companies. A financially self-sustaining corporation, EDC is a recognized leader in financial reporting, economic analysis. At EDC, we commit to carry out our mandate in a socially responsible manner consistent with our corporate values.