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EDC Releases Milestone CSR Report

EDC Releases Milestone CSR Report

Published 07-02-15

Issued by Export Development Canada

Summary

To convey its message, the company tells its story using multimedia to better reach its audience, explaining what they do through the voices of its customers and employees.

Report Highlights

Export Development Canada (EDC), Canada's trade finance agency, is pleased to announce the release of its 10th Annual Corporate Social Responsibility (CSR) Report which can be viewed here:  Le rapport est également disponible en français.

“This year’s Corporate Social Responsibility report marks a big anniversary: it is our 10th report,” says Signi Schneider, Vice-President, Corporate Social Responsibility.  “To convey our message, we tell our story using multimedia to better reach our audience, explaining what we do through the voices of our customers and employees.”  said Signi Schneider, Vice-President, CSR at EDC. 

Ever wonder what happens to a big project loan once we lend the money?

Monitoring Our Investments - Sherritt’s Ambatovy Project” is one video included as part of the report, and visually explains how we monitor our investments.

The report includes six other videos, including one featuring our longest-serving executives as they reflect back over the past 10 years (and more) of implementing CSR initiatives at EDC. 

Highlights of the 2014 report include:

  • Continued attention to anti-corruption risk assessment resulting in an increase in anti-corruption enhanced due diligence on export and investment transactions of 42%;
  • Further integrated our 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 a ranking amongst Canada’s top 10 on the Corporate Knights Future 40 Responsible Corporate Leaders in Canada;  and
  • Provided financial services to 7,400 businesses of which more than 6,100 were Canadian small and medium-sized entreprises.

EDC has developed its report according to the Global Reporting Initiative’s (GRI) G4 Sustainability Reporting Framework with external assurance by Ernst and Young. 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.

Read the Report Here.
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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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