Engaging our stakeholders is an opportunity to ensure that our policies align with their expectations, consider a broad range of perspectives and reflect industry best practice.
EDC solicits our stakeholders, including our shareholder, customers, Board of Directors, ESG Advisory Council, civil society organizations, industry and trade associations, financial sector peers and members of the Canadian public, for constructive feedback on our environmental and social risk management practices.
In 2022, as part of our Environmental and Social Risk Management Policy review, EDC’s Board of Directors approved five updated policies.
As part of the process, EDC invited stakeholders to offer input and constructive feedback on the following policies:
To assist stakeholders, we published a discussion paper that outlined some of the key issues, questions and proposals being considered in our review.
Submissions were emailed to ESRMPolicyReview@edc.ca during a 96-day comment period from January 24 to April 29, 2022.
As part of the review process, we published a public paper responding to the feedback we received.
Summary of feedback
We also published a summary of stakeholder feedback (both written and verbal):
The following written stakeholder submissions were received:
Written stakeholder submissions are available in the official language in which they were made.
For questions about posted feedback, contact ESRMPolicyReview@edc.ca.
Ensuring that we continue to serve our customers and other stakeholders in a responsible way includes implementing regular reviews and updates to the policies that govern our environmental and social risk management practices.
EDC’s overarching policy that sets out our commitments and approaches for environmental and social risk management.
A requirement of the Export Development Act, the directive is one of the processes through which we manage environmental and social risks for project-related reviews.
Provides the strategic foundation of our commitments to address climate-related risks and opportunities through measurement, engagement, green financing, risk management systems and reporting.
Drives our approach to human rights, including decision-making for the transactions we support and the actions we take.
Sets out the framework for how we disclose information about our business in a manner that balances the confidentiality required by our customers with the information sought by interested Canadians.
Explore policies, reports and other reference materials related to environmental, social and governance practices at EDC.