As Environmental, Social and Governance (ESG) initiatives continue to grow at SECURE, we are honoured to have been recognized on the Corporate Knights’ 2020 list of Canada’s best corporate citizens. Ranked 36th out of 50 and the top of our peer group, this is a significant accomplishment for SECURE as we continue to expand our ESG and sustainability initiatives.
ESG is here to stay as investors are looking for widespread implementation of ESG-related practices in the businesses they invest in. According to Harvard Law, ESG related disclosure will only continue to grow over the next decade. Specifically:
“Companies, investors and governments who fail to act on ESG will likely face greater risks and miss significant opportunities compared to ESG leaders in many key areas, ranging from better access to capital to operational improvement and pursuing new business ventures.”
SECURE’s ESG committee is comprised of individuals across the organization and they collect data metrics throughout the year with the goal of creating a comprehensive sustainability report annually to showcase our ESG initiatives. ESG rankings and measurements are entirely based off external disclosure in financial reporting, website and the sustainability report.
What is the Corporate Knights’ 2020 list of Canada’s best corporate citizens?
Every year, Corporate Knights ranks Canadian companies with an annual revenue of over $1 billion on up to 21 indicators rating the corporate sustainability performance. These indicators look at the percentage of clean revenue, board and executive gender diversity, GHG and waste productivity, employee turnover, innovation efforts, taxes, along with a dozen other factors.
Learn more about the 2020 Best 50 Corporate Citizens’ Methodology here.