TORONTO, June 08, 2015 (GLOBE NEWSWIRE) -- Sustainalytics, a leading provider of environmental, social and governance (ESG) research and analysis, partners with Maclean’s each year to identify the “Top 50 Most Socially Responsible Companies in Canada.” Sustainalytics developed the list to highlight Canada’s corporate social responsibility (CSR) leaders, who are displaying noteworthy and innovative sustainability initiatives in their operations, supply chains and products and services. The list, now in its seventh year, is accessible via Maclean’s and L’actualité.
“From our perspective, transparency and disclosure on long-term goals and targets are critical elements of a company’s sustainability strategy, and each company on the list is taking a leadership position in these areas,” said Sustainalytics’ CEO Michael Jantzi. “We congratulate this year’s companies for their noteworthy sustainability practices and programs, and commend them for making a positive impact on society through their efforts.”
The list is based on Sustainalytics’ Company ESG Research and Ratings, and the “Top 50 Most Socially Responsible Companies in Canada” were selected based on their performance across a broad range of ESG indicators. This is also the first year where Sustainalytics ranked the 50 companies, within their industry, according to their ESG performance. The companies on the list offer meaningful disclosure on ESG management and performance in areas such as environmental initiatives, impact on local communities, treatment of employees and supply chain management.
The 50 companies are categorized across 10 diverse industries, and of the 10 number one ranked companies, the majority are based in Canada and across Europe. Among the newcomers to this year’s list, two companies – L’Oreal SA and Pacific Rubiales – joined at the top of their respective industries and demonstrate robust global sustainability strategies, particularly across social aspects where scrutiny has been intensive in recent years. Additional leaders on the list this year are Vancouver City Savings, Pepsi Co, Kinross Gold Corporation, Intel, Telus Corp, BMW, Koninklijke Philips N.V. and Industria de Diseno Textil (Zara).
Sustainalytics’ research is used by some of the world’s largest institutional investors who consider ESG performance, in addition to financial performance, in the management of their investments. To view the Maclean’s article on the “Top 50 Most Socially Responsible Companies in Canada,” please visit here.
About Sustainalytics
Headquartered in Amsterdam, Sustainalytics is an independent ESG research and analysis firm supporting investors around the world with the development and implementation of responsible investment strategies. With 13 offices globally, Sustainalytics partners with institutional investors who integrate environmental, social and governance information and assessments into their investment decisions. Today, the firm has over 200 staff members, including more than 120 analysts with varied multidisciplinary expertise of more than 40 industries. For the past three years, Sustainalytics was voted best independent responsible investment research firm in Extel’s IRRI survey. For more information, visit www.sustainalytics.com.