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Export Development Canada publishes Corporate Social Responsibility Report 2007

Published 05-28-08

Issued by Export Development Canada

Summary

The report summarizes EDC's performance in meeting its CSR commitments in five key areas: the environment, business ethics, transparency, community investment and organizational climate

Report Highlights

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Export Development Canada (EDC), Canada's export credit agency, has issued its fourth Annual Report on Corporate Social Responsibility (CSR) available in English at www.edc.ca/csrreport2007 and in French at www.edc.ca/rapportrse2007

The report summarizes EDC’s performance in meeting its CSR commitments in five key areas: the environment, business ethics, transparency, community investment and organizational climate. “The more business we do around the world, the more we see that sustained success comes from doing business responsibly. This is why we have embedded CSR as an operating principle at EDC, and why our practices and policies continue to evolve and grow,” said Eric Siegel, President and CEO of EDC.

The report highlights EDC initiatives such as:
adoption of the Equator Principles
first steps taken to independently assure selected performance measures
first ever multi-stakeholder Workshop on Mining in the Democratic Republic of Congo
creation of a new Chief CSR Advisor position in early 2008 to provide greater corporate focus to CSR
stakeholder consultations on the strengths and weaknesses pf the 2006 CSR Report informed the design and content of the 2007 CSR Report.

Feedback is welcomed at CSRReportFeedback@edc.ca.  Hard copies of the report can be requested at this mailbox also.

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 nearly 7,000 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining, is a recognized leader in financial reporting and economic analysis, and has been named one of Canada’s Top 100 Employers for seven consecutive years.

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.

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