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Export Development Canada publishes Corporate Social Responsibility Report 2008 - Trade That Matters

Export Development Canada publishes Corporate Social Responsibility Report 2008 - Trade That Matters

Published 05-28-09

Issued by Export Development Canada

Summary

The report highlights the company's initiatives such as a review of CSR strategy & release of a Statement on Human Rights

Report Highlights

Export Development Canada (EDC), Canada's export credit agency, has issued its fifth Annual Report on Corporate Social Responsibility (CSR) available in English at www.edc.ca/csrreport2008 and in French at www.edc.ca/rapportrse2008.

 “In today’s environment, issues have become much more complex and expectations surrounding corporate social responsibility are constantly evolving - there is no final state for CSR. 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:
a review of CSR strategy
release of a Statement on Human Rights
investment in the first university Chair in Environmental Finance in Canada
launch of a four-year global community investment partnership with CARE Canada
investment in the China Environment Fund.

Lessons learned include:
need to further embed CSR into our business strategy
continue work to fully implement a standardized process for human rights
more effort is to understand, measure and minimize our operational footprint, including an examination of GHG emissions related to our portfolio.

This detailed report is only available as an interactive, online product at: www.edc.ca/csrreport2008. A hard copy Summary Report can be obtained by contacting 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 8,300 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining, a recognized leader in financial reporting and economic analysis, and has been recognized as one of Canada’s Top 100 Employers for eight consecutive years.
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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.

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