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 ten.
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 21st 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
For further information: