For the eleventh consecutive year, the financial services co-operative has been recognized as a Corporate Knights Best 50 Corporate Citizen in Canada
IT WAS FOUNDED ON THE PRAIRIES IN THE FORTIES BY THE COOPS AND CREDIT UNIONS OF WORKERS AND FARMERS. IT IS ONE OF THE OLDEST FINANCIAL ADVISORS IN CANADA FOR WORKING FOLKS AND A GREAT PLACE TO WORK IF YOU ARE A FAILED NDP POLITICIAN
The Co-operators
GUELPH, ON, June 25, 2020 /CNW/ - In an annual ranking issued by Corporate Knights that measures companies' environmental, social, and governance–related performance, The Co-operators was recognized for leadership in sustainability, earning the #4 spot. 2020 marks the eleventh consecutive year The Co-operators has been included in this national ranking, including holding the #1 spot in 2019 and 2011.
"This recognition as a meaningful contributor to a sustainable economy is an important reflection of our commitment to helping to build more resilient communities," says Rob Wesseling, President and CEO of The Co-operators. "At a time when many people are experiencing significant challenges and uncertainty, the case for sustainability is clear. It enables us to navigate complexity and crises guided by a collaborative, long-term view of success – not only for our co-operative, but for all Canadians."
Highlights of The Co-operators 2019 sustainability performance include:
Products and services that enable a sustainable, low-carbon, resilient society (including its overland flood product, Comprehensive Water)
Leadership in impact investing, with $2.07 billion invested at the end of 2019, representing 19.4% of its invested assets
Strong employee retention rate of 91%
More details about The Co-operators sustainability, governance and financial performance can be found in its 2019 Integrated Annual Report. New this year, The Co-operators has also issued its inaugural Task Force on Climate-related Financial Disclosures Report, Managing Climate-related Risks and Opportunities available online at cooperators.ca/reports.
About The Co-operators:
The Co-operators Group Limited is a Canadian co-operative with more than $47.3 billion in assets under administration. Through its group of companies, it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products. The Co-operators is well known for its community involvement and its commitment to sustainability. The Co-operators is ranked as a Corporate Knights' Best 50 Corporate Citizen in Canada and listed among the Best Employers in Canada by Kincentric (formerly AON). For more information, visit www.cooperators.ca.
SOURCE The Co-operators
For further information: media@cooperators.ca
Related Links
www.cooperators.ca
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