• Resources
  • Blog
  • Journalists
  • Webcasts
  • Data Privacy
  • Français
  • my CNW 
    • Login
    • Register
  • Client Login 
    • Online Member Centre
    • Next Gen Communications Cloud
    • Cision Communications Cloud®
  • Sign Up
  • Send a Release
Cision Canada
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
Advanced Search
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Canadian Federal Government
      • Canadian Municipal Government
      • Canadian Provincial Government
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

  • Advanced Search
  • Overview
  • Cision Communications Cloud®
  • Monitoring
  • Distribution
  • Multimedia
  • Guaranteed Paid Placement
  • Analytics
  • IR
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices
  • Cision Canada
  • Send a Release
  • FR
    • Phone

    • 877-269-7890 from 8 AM - 10 PM ET

    • ALL CONTACT INFO
    • Contact Cision

      877-269-7890
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • Overview
  • Cision Communications Cloud®
  • Monitoring
  • Distribution
  • Multimedia
  • Guaranteed Paid Placement
  • Analytics
  • IR
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR

2015 Best 50 Corporate Citizens in Canada Ranking announced


News provided by

Corporate Knights Inc.

03 Jun, 2015, 06:00 ET

Share this article

Share toX

Share this article

Share toX

TORONTO, June 3, 2015 /CNW/ - Corporate Knights today released its Best 50 Corporate Citizens in Canada list, the definitive annual ranking of Canada's top corporate citizens.

The ranking, which is in its 14th year, transparently measures a diverse range of Canadian enterprises on a suite of 12 sustainability metrics, including greenhouse gas productivity, percentage of taxes paid, health and safety performance and pension fund quality. To ensure "apples to apples" comparisons, companies are ranked exclusively against their industry peers, and scored on a 0-100% scale using only those metrics that are widely disclosed in their respective industries.

The Best Corporate Citizen for 2015 is the iconic coffee retailer Tim Hortons. It performed solidly across the board, with strong showings on waste recycling, water conservation and energy efficiency.

"We applaud Timmys for topping the list, and are hopeful that its sustainability know-how will paint a larger canvass in its new partnership with Burger King," says Toby Heaps, CEO of Corporate Knights.

The Corporate Knights Best 50 methodology for grading corporate citizenship, developed with financial support from Industry Canada, has helped clarify and raise the rigour and professionalism of what it means to be a good corporate citizen.

"Companies named to the Best 50 represent the Canadian standard for who is doing the best job of squeezing productivity out of our valuable resources while respecting the social contract with safe workplaces, paying their fair share of wages and taxes and ensuring leadership structures that reflect the rich diversity of our society," added Heaps.

An overview of the methodology for the Best 50 Corporate Citizens in Canada ranking is available at www.corporateknights.com/Best50_2014 and in the Best 50 2015 issue (Vol. 14.3) of Corporate Knights magazine, found in the Globe and Mail on June 4.

To track progress, Corporate Knights compared the performance of the S&P/TSX 60 companies on five of the Best 50 indicators over the past three years. There is good news on the executive compensation front, but other challenges remain:

  • Two out of three companies now link part of their executive pay to sustainability performance;
  • The CEO-to-average-worker-pay ratios came down by 12.3 per cent over the past three years. The average CEO now makes 106 times more than the average worker.
  • On the other side of the ledger, the total annual greenhouse gas emissions of the S&P/TSX 60 grew by 13.8 per cent over the past three years and now total over 201 million tonnes;
  • In regards to taxes, S&P/TSX 60 companies are now paying seven per cent less tax than three years ago. The average company five-year tax rate, calculated as the cash tax paid divided by EBITDA, is now just 13 per cent;
  • On the board diversity front, females now make up 18 per cent of directors, moving up at the pace of about one per cent a year. At this rate, it will take until 2047 before we have gender parity in the boardroom.

TSX 60 Members






Fiscal year

Total GHGs
(tonnes)

% Tax Paid
(5 yr avg)

Sustainability
Executive
Paylink

CEO-Worker
Pay
Ratio

%
Female
Directors

2013

201,581,598

13%

40/60 firms

106

18%

2012

191,803,038

16%

31/60 firms

129

17%

2011

177,408,764

20%

32/60 firms

121

16%

The 2015 Best 50 Corporate Citizens in Canada, Distribution by Province

Province

2015

2014

Ontario

19

17

Alberta

13

14

Quebec

10

10

BC

6

7

Manitoba

0

1

Saskatchewan

2

1

The 2015 Best 50 Corporate Citizens in Canada

Rank 2015

Rank 2014

Company name

GICS Industry

1

4

Tim Hortons

Hotels Restaurants & Leisure

2

2

Vancouver City Savings Credit Union

Banks

3

1

Mountain Equipment Co-op

Textiles, Apparel & Luxury Goods

4

6

Teck Resources

Metals & Mining

5

28

TELUS

Diversified Telecommunication

6

19

Enbridge

Oil, Gas & Consumable Fuels

7

5

Mouvement des Caisses Desjardins

Banks

8

3

Bombardier

Aerospace & Defense

9

7

Co-operators Group

Insurance

10

10

Cenovus Energy

Oil, Gas & Consumable Fuels

11

22

Sun Life Financial

Insurance

12

9

Toronto-Dominion Bank

Banks

13

34

Hydro-Québec

Electric Utilities

14

39

Stantec

Professional Services

15

29

Celestica

Electronic Equip., Instruments

16

13

HSBC Bank Canada

Banks

17

38

TMX Group

Diversified Financial Services

18

11

Suncor Energy

Oil, Gas & Consumable Fuels

19

23

Bank of Montreal

Banks

20

Not shortlisted*

Agrium

Chemicals

21

17

BCE

Diversified Telecommunication

22

24

Enmax

Multi-Utilities

23

14

Capital Power

Independent Power and Renewables

24

43

WestJet Airlines

Airlines

25

59

Pacific Rubiales Energy

Oil, Gas & Consumable Fuels

26

27

Kinross Gold

Metals & Mining

27

54

Cameco

Oil, Gas & Consumable Fuels

28

77

Manulife Financial

Insurance

29

36

Canadian Tire

Multiline Retail

30

21

Encana

Oil, Gas & Consumable Fuels

31

45

Catalyst Paper

Paper & Forest Products

32

8

Husky Energy

Oil, Gas & Consumable Fuels

33

20

Canadian National Railway

Road & Rail

34

26

Domtar

Paper & Forest Products

35

16

Intact Financial

Insurance

36

48

Canadian Pacific Railway

Road & Rail

37

30

Cascades

Containers & Packaging

38

31

Ontario Power Generation

Electric Utilities

39

32

Yamana Gold

Metals & Mining

40

18

Transat AT

Hotels Restaurants & Leisure

41

61

Canadian Imperial Bank of Commerce

Banks

42

41

Transcontinental

Commercial Services & Supplies

43

12

Royal Bank of Canada

Banks

44

37

Rogers Communications

Wireless Telecommunication Services

45

40

TransCanada

Oil, Gas & Consumable Fuels

46

33

Bank of Nova Scotia

Banks

47

49

Federated Co-operatives

Oil, Gas & Consumable Fuels

48

74

National Bank of Canada

Banks

49

35

TransAlta

Independent Power and Renewables

50

106

Hudson's Bay

Multiline Retail

*Companies who score in the bottom quartile on the Sanctions score are not shortlisted.

SOURCE Corporate Knights Inc.

Image with caption: "The Summer 2015 issue of Corporate Knights features our annual Best 50 Corporate Citizens in Canada ranking, and special reports on solar energy and city resilience. Also find profiles of Canada's Greenest Chief Executive and Canada's Greenest Mayor. (CNW Group/Corporate Knights Inc.)". Image available at: http://photos.newswire.ca/images/download/20150603_C6616_PHOTO_EN_17446.jpg

Image with caption: "The Summer 2015 issue of Corporate Knights features our annual Best 50 Corporate Citizens in Canada ranking, and special reports on solar energy and city resilience. Also find profiles of Canada's Greenest Chief Executive and Canada's Greenest Mayor. (CNW Group/Corporate Knights Inc.)". Image available at: http://photos.newswire.ca/images/download/20150603_C6616_PHOTO_EN_17447.jpg

For further information: Toby Heaps, CEO, Corporate Knights, [email protected], 416-274-1432; Michael Yow, Director of Research, Corporate Knights Capital, [email protected], 416-203-4674

Related Links

http://www.corporateknights.ca

Modal title

Organization Profile

Corporate Knights Inc.

    Also from this source

  • Ericsson named a Top International Corporate Citizen in Canada by Corporate Knights

Contact Cision

  • 877-269-7890
    from 8 AM - 10 PM ET
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices

Products

  • Cision Communications Cloud®
  • Media Monitoring
  • Content Distribution
  • Multimedia Distribution
  • Measurement & Analytics
  • Investor Relations

About

  • About Cision Canada
  • About Cision
  • Media Partners
  • Careers
  • Accessibility Statement

My Services

  • All News Releases
  • Online Member Centre
  • Next Gen Communications Cloud
  • Cision Communications Cloud®
  • my CNW

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Centre
  • Next Gen Communications Cloud
  • Cision Communications Cloud
  • my CNW
877-269-7890
from 8 AM - 10 PM ET
  • Terms of Use
  • Information Security Policy
  • Site Map
  • Cookie Settings
  • Accessibility Statement
Copyright © 2023 CNW Group Ltd. All Rights Reserved. A Cision company.