GUELPH, ON, April 11, 2013 /CNW/ - Today, The Co-operators Group Limited
was recognized as first on Corporate Knights' new ranking of the Most
Sustainable Co-operatives in the World, based on its commitment to
sustainable business practices.
Corporate Knights is an organization dedicated to promoting "clean
capitalism," which promotes and recognizes responsible and sustainable
business practices. The Most Sustainable Co-operatives in the World
ranking was developed based Corporate Knight's flagship Global 100
methodology which uses criteria including productivity, board
diversity, resource usage, sustainability mandate, and senior level
compensation tied to sustainability.
"Our employees and advisors are to be congratulated for the efforts they
have made to help our organization become more sustainable, and act as
a catalyst for sustainability," said Kathy Bardswick, president and CEO
of The Co-operators. "Co-operatives prioritize long-term value creation
over short-term profit maximization, and take into account a broad
range of stakeholder interests in their decision-making. It's a
business model that naturally embeds sustainability principles into its
The creation of the Most Sustainable Co-operatives in the World ranking
is another indication of the growing recognition of the role and
benefits of co-operatives in Canadian communities and globally. There
are 9,000 co-operatives and credit unions in Canada, providing products
and services to 18 million members, employing more than 150,000 people
and controlling assets of more than $300 billion.
For more information about The Co-operators and its sustainability
journey, please visit www.cooperators.ca, and watch for the organization's 2012 sustainability report, to be
published on the website May 9. To view the ranking, visit www.corporateknights.com.
About The Co-operators:
The Co-operators Group Limited is a Canadian-owned co-operative with
more than $35 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 and Corporate Knights' Best 50 Corporate Citizens in Canada.
For more information visit www.cooperators.ca.
SOURCE: The Co-operators
For further information: