Export development Canada
  • Français
  • MyEDC Account

    • Manage MyEDC Profile
    • MyEDC dashboard
    Log out of MyEDC

    Log in or sign up for…

    • Knowledge and advisory (MyEDC)
    • Credit Insurance
    • Portfolio Credit Insurance
    • Invoices and statements
    • Select Credit Insurance
    • Other EDC accounts
    • Contract Insurance & Bonding (EDC Direct)
    • Trade Partnership Insurance
    • Financial Institutions Risk Manager
    • Service providers
  • Contact us
  • 

    About exporting

    Seize new opportunities to grow your customer base, increase revenue and generate more profits.

    Welcome to EDC

    • Getting started
    • Diversify to new markets

    Trade expertise for

    • Cleantech
    • Black entrepreneurs
    • Indigenous Business
    • Women in trade
  • 

    Our solutions

    Manage the risks of doing business abroad and access the working capital and financing you need to grow your business.

    Managing Risks

    • EDC Trade Impact Program
    • Credit Insurance
    • Select Credit Insurance
    • Portfolio Credit Insurance
    • Performance Security Insurance

    Securing Financing

    • Investments
    • Investment Matching Program
    • Inclusive Trade Investments Program
    • Direct Lending
    • Buyer Financing
    • Structured and Project Finance

    Growing Working Capital

    • Working Capital Guarantees
    • Export Guarantee Program
    • Account Performance Security Guarantee
    • Foreign Exchange Facility Guarantee
    • Trade Expansion Lending Program
    • Surety Bonds

    Knowledge & Advisory

    • MyEDC
    • Get Export Help & Trade Advice
    • Search International Companies
    • Find Qualified Service Providers
    • Learn with EDC | FITT Lite Learning Series
    • Connect to Global Opportunities
  • 

    Country and economic info

    Research international markets and get expert insights into the trends driving global trade.

    Search by Country or Market

    • Search all countries and markets
    • Indo-Pacific market intelligence
    • Europe market intelligence
    • U.S. market intelligence

    Expert analysis and insights

    • EDC Economics: Connecting Canada to the world
    • Global Economic Outlook
  • 

    TradeInsights

    Explore our collection of learning resources designed to help you succeed in international markets.

    Browse Insights

    • Advice and insights
    • Webinars and events
    • Podcasts
    • Subscribe to receive EDC resources straight to your inbox
  • 

    About us

    Learn about Export Development Canada (EDC), a Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage.

    About our company

    • Corporate information
    • Management and governance
    • Transparency and Disclosure
    • Corporate reports
    • Newsroom
    • File a complaint

    Environmental, Social and Governance

    • ESG at EDC
    • Environment
    • Social
    • ESG Governance

    Working with us

    • Careers
    • Student programs
    • Procurement
  • Log in

    • Manage MyEDC Profile
    • MyEDC dashboard
    • Log out of MyEDC

    Log in or sign up for…

    • Knowledge and advisory (MyEDC)

    Credit Insurance

    • Portfolio Credit Insurance
    • Invoices and statements
    • Select Credit Insurance

    Other EDC accounts

    • Contract Insurance & Bonding (EDC Direct)
    • Trade Partnership Insurance
    • Financial Institutions Risk Manager
    • Service providers
  • Français

Stakeholder input for a broad range of perspectives

Policy review


ESG   |   ESG Governance   |   Policies and reports   | 
 Business integrity   |   Stakeholder engagement  |   Policy review  |   Policy review feedback  |   ESG Advisory Council


ESG  |   ESG Governance   |   Policies and reports   | 
Business integrity   |   Stakeholder engagement
  |
Policy review
  |  Policy review feedback  |
ESG Advisory Council

At EDC, 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 Environmental and Social Risk Management policies

With a mandate to help Canadian companies do business in markets around the world, it’s critical that we have strong policies in place to help guide us in environmental, social and corporate governance, including in areas such as human rights and climate change. 

The Environmental and Social Risk Management (ESRM) Policy Framework sets out EDC’s commitments and approaches to environmental and social risks when considering customer relationships and transactions. It also allows us to strive for high standards of risk mitigation, including monitoring projects we support.

The framework was last updated in 2022 and includes the following policies:

  1. Environmental and Social Risk Management Policy
  2. Environmental and Social Review Directive
  3. Climate Change Policy (including Thermal Coal Position)
  4. Human Rights Policy
  5. Transparency and Disclosure Policy

 

Providing feedback

EDC solicits input from our stakeholders, who include, but aren’t limited to, our customers, the Government of Canada, civil society organizations, Canadian industry and trade associations, financial sector peers, members of the Canadian public, and our ESG Advisory Council for constructive feedback on these policies. The periodic review of our policies is an opportunity to ensure they align with stakeholder expectations, consider a broad range of perspectives, and reflect industry best practice.

For more on past reviews please see our policy review feedback page.

  • 2022 review feedback
  • 2018 review feedback

We welcome feedback, and EDC has many channels through which our stakeholders can engage with us. They include: 

  • ESG inquiries;
  • EDC’s compliance officer; and
  • General inquiries through one of our many corporate contacts.  

If you wish to speak with EDC directly about past reviews, all comments or inquiries can be emailed to ESRMPolicyReview@edc.ca.

Next review

The next review of the Environmental and Social Risk Management (ESRM) Policy Framework is scheduled for 2025.

Why are you doing this now?

Our commitments and practices have evolved a lot since these policies were last revised. We took the opportunity to undertake an official review to ensure our policies remain relevant to our current state and continue to evolve.

How do I obtain a copy of the policies under review?

You can find a link to each policy under review at the top of this page. We welcome you to explore more information about Environmental, Social and Governance at EDC.

What is included in the scope of this review?

The focus of the review was on the environmental and social risk management policies that are part of our ESRM framework.

  1. Environmental and Social Risk Management Policy
  2. Climate Change Policy (incl. Thermal Coal Position)
  3. Human Rights Policy
  4. Environmental and Social Review Directive
  5. Transparency and Disclosure Policy 

The scope didn’t include other policies in this review.

Will all comment submissions be made publicly available?

Stakeholders may request their submissions remain confidential.

Where can I see feedback that has already been given?

Feedback will be posted to the submission section, unless a stakeholder has requested their submission remain confidential.

How long will the comment submissions be made publicly available?

Submissions will remain on the website until the conclusion of the review process and disclosure of the revised policies.

When providing feedback, do I have to follow the questions specifically provided in each annex?

No. The questions provided are examples of where EDC needs feedback, but your input isn’t limited to these issues.

What will the outcome(s) of this review be?

After a thorough consideration of all feedback, EDC will rework the policies listed. Once the changes have been finalized, a public response paper will be issued, summarizing the main areas of feedback and providing a high-level description of how the feedback was incorporated in the policy review outcomes (or, if not, why not).

When can I expect to see the outcome(s) of this review?

Our goal is to issue revised policies under the scope of this review by the end of 2023. 

What if I have feedback that isn’t related to the policies under review?

We welcome feedback, and EDC has many channels through which our stakeholders may engage with us. They include: 

  • ESG inquiries;
  • EDC’s compliance officer; and
  • General enquiries through one of our many corporate contacts.  

I wish to speak with EDC directly about this review. Who can I contact?

All comments or inquiries can be emailed to ESRMPolicyReview@edc.ca.

 


 

Learn more

Environmental and Social Risk Management Policy

EDC’s overarching policy that sets out our commitments and approaches for environmental and social risk management.

Learn more

Environmental and Social Review Directive

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. 

Learn more

Climate Change Policy

Provides the strategic foundation of our commitments to address climate-related risks and opportunities through measurement, engagement, green financing, risk management systems and reporting.

Learn more

Human Rights Policy

Drives our approach to human rights, including decision-making for the transactions we support and the actions we take. 

Learn more

Transparency and Disclosure Policy

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.

Learn more

Feedback

In line with our commitment to transparency, stakeholder submissions will be posted to our policy feedback page. When the updated policies are released, EDC will publish a public response paper, summarizing the main areas of feedback with a high-level description of how EDC has considered the feedback in the policy review outcomes.

Learn more


 


 

Policies & reports

Explore policies, reports and other reference materials related to environmental, social and governance practices at EDC.

Learn more


Continue browsing


ESG   |   ESG Governance   |   Policies and reports   | 
 Business integrity   |   Stakeholder engagement  |   Policy review  |   Policy review feedback  |   ESG Advisory Council


ESG  |   ESG Governance   |   Policies and reports   | 
Business integrity   |   Stakeholder engagement
  |
Policy review
  |  Policy review feedback  |
ESG Advisory Council


 

Date modified: 2023-03-20

I consent to receive regular trade insights, as well as information about EDC solutions and events. I can withdraw my consent at any time by unsubscribing to any such message.

Sorry, our system is temporarily unavailable. Please try again later.

Thanks for subscribing

You’ll get our latest trade intelligence right to your inbox.

For partners and investors

  • Investors
  • Canadian financial institutions
  • Insurance brokers

Communities

  • Our alliances
  • Newsroom

Have questions?

  • Contact us
Government of Canada EDC Homepage
Export Development Canada
  • Privacy and Cookie use
  • Legal
  • Accessibility