Strong environmental, social and governance (ESG) practices mitigate risks, open doors, drive innovation, attract top talent and strengthen our communities. These practices are key to long-term growth and success.
reduction in exposure to our six most carbon-intensive sectors since 2018
non-project transactions underwent enhanced human rights risk screenings
of EDC directors hold a Competent Boards ESG designation
In 2022, we continued to advance our ESG strategy and developed an ESG scorecard that provides a snapshot of our performance. We also updated our ESG policies, refreshed our materiality assessment and set 2030 science-based climate targets for the airlines and oil and gas sectors.
In 2022, we continued to advance our ESG strategy and developed an ESG scorecard that provides a snapshot of our performance. We also updated our ESG policies, refreshed our materiality assessment and set 2030 science-based climate targets for the airlines and oil and gas sectors.
Climate change, human rights, corporate governance and other non-credit-related risks can affect the sustainability and reputation of a business, and the well-being of individuals and communities. As part of a comprehensive review of our Environmental and Social Risk Management (ESRM) Policy Framework, we engaged extensively with our stakeholders in 2022.
Climate change, human rights, corporate governance and other non-credit-related risks can affect the sustainability and reputation of a business, and the well-being of individuals and communities. As part of a comprehensive review of our Environmental and Social Risk Management (ESRM) Policy Framework, we engaged extensively with our stakeholders in 2022.
The shift to a more sustainable, equitable economy will take significant investment. Sustainable finance can support businesses as they pursue net zero emissions, and can influence environmental and social change on a broader scale. Over the course of 2022, we:
The shift to a more sustainable, equitable economy will take significant investment. Sustainable finance can support businesses as they pursue net zero emissions, and can influence environmental and social change on a broader scale. Over the course of 2022, we:
As Canada’s export credit agency, we have a key role to play in enabling Canada’s trade ecosystem to build and support momentum toward a low-carbon economy. That’s why we support companies and initiatives enabling a low-carbon future, and made a commitment to achieve net zero greenhouse gas emissions by 2050. In 2022, we began setting 2030 targets for certain sectors to keep us on track, starting with the airlines and oil and gas sectors.
We also set targets to achieve net zero in our operations and achieved our 2023 climate target.
If we want to help Canadian companies reach their full potential to grow and succeed at the global level, we must be at the forefront of managing human rights risks and impacts. In 2022, we launched tools that will embed our principles into our transactional due diligence, customer relationship management practices and decision-making.
As Canada’s export credit agency, we have a key role to play in enabling Canada’s trade ecosystem to build and support momentum toward a low-carbon economy. That’s why we support companies and initiatives enabling a low-carbon future, and made a commitment to achieve net zero greenhouse gas emissions by 2050. In 2022, we began setting 2030 targets for certain sectors to keep us on track, starting with the airlines and oil and gas sectors.
We also set targets to achieve net zero in our operations and achieved our 2023 climate target.
If we want to help Canadian companies reach their full potential to grow and succeed at the global level, we must be at the forefront of managing human rights risks and impacts. In 2022, we launched tools that will embed our principles into our transactional due diligence, customer relationship management practices and decision-making.
Our 2030 strategy provides the roadmap for change, but it is our employees who will make it happen. Canada’s labour market and employee expectations are rapidly changing. We focus on attracting, engaging, developing and empowering a highly qualified, diverse workforce. Learn more
We support Canada and other leading trading nations in concerted efforts to fight corruption and bribery, while promoting increased accountability on sustainable and responsible business practices.
In 2022, we enhanced our Code of Conduct and its related guidelines to ensure we adapt to emerging trends, and continued the rollout of our financial crime risk framework to improve our process to ensure that risks are quickly identified and appropriately mitigated.
We support Canada and other leading trading nations in concerted efforts to fight corruption and bribery, while promoting increased accountability on sustainable and responsible business practices.
In 2022, we enhanced our Code of Conduct and its related guidelines to ensure we adapt to emerging trends, and continued the rollout of our financial crime risk framework to improve our process to ensure that risks are quickly identified and appropriately mitigated.
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