The Co-operators ranked among Best Corporate Citizens in Canada for fifth
GUELPH, ON, June 4, 2014 /CNW/ - For the fifth consecutive year, The
Co-operators has been ranked among the top ten organizations on the Best 50
Corporate Citizens in Canada list. The Co-operators is ranked #7 on this
year's list compiled by Corporate Knights, an organization dedicated to the
promotion of responsible and sustainable business practices. The Co-operators
was one of five co-operatives on the list, four of which ranked among the top
Corporate Knights' annual Best 50 Corporate Citizens in Canada list ranks
corporations based on 12 key performance indicators. These include companies'
water, waste and energy use; carbon emissions; diversity among leadership;
innovation; employee turnover; and whether executive compensation is tied to
sustainability performance targets.
"We are pleased to be included on this list for the fifth consecutive year as
it affirms that we are going in the right direction and our efforts to be a
catalyst for a sustainable society are being recognized," said Kathy
Bardswick, president and CEO of The Co-operators. "2013 was the costliest year
in Canadian history for insured storm damage. This was both an opportunity for
our staff to step up and deliver on our promise to clients, and a reminder of
the magnitude of the challenges our communities face in the 21(st) century."
The Co-operators is very active in supporting research and advocating for
better protections for Canadians and their property, including overland flood
insurance. It partners with non-governmental organizations and others to
deliver a number of safety- and resilience-focused programs across the
country. It is working to operate more sustainably by reducing its impact on
the environment and introducing sustainability-focused products and services.
Through a number of programs, The Co-operators provides financial support to
emerging co-operatives and organizations working to build more equitable,
vibrant and sustainable communities. It has been a member of Imagine Canada
for 17 years, and in 2013 contributed more than $5.8 million, or 4.7 per cent
of pre-tax profit, to support various community programs and initiatives.
For more information about the progress The Co-operators has made in advancing
its sustainability goals, please see its annual Sustainability Report at
www.cooperators.ca. To view the Best 50 Corporate Citizens in Canada list,
please visit www.corporateknights.com.
About The Co-operators:
The Co-operators Group Limited is a Canadian-owned co-operative with more than
$36 billion in assets under administration. Through its group of companies it
offers home, auto, life, group, travel, commercial and farm insurance, as well
as investment products. The Co-operators is well known for its community
involvement and its commitment to sustainability. The Co-operators is listed
among the 50 Best Employers in Canada by Aon Hewitt; Corporate Knights' Best
50 Corporate Citizens in Canada; and the Top 50 Socially Responsible
Corporations in Canada by Sustainalytics and Maclean's magazine. For more
information visit www.cooperators.ca.
SOURCE The Co-operators
Leonard Sharman The Co-operators 519-767-3937
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-0- Jun/04/2014 11:00 GMT
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