Canadian ICMIF member Co-operators has been recognised by Corporate Knights for its commitment to building a resilient and sustainable society in Canada and around the world.
In the latest annual Corporate Knights Best 50 Corporate Citizens ranking, Co-operators is ranked as the top insurer globally, the top financial institution in Canada and sixth overall. This marks the 14th consecutive year Co-operators has been in the Best 50 ranking, and continues to underscore the organisation’s leadership across environmental, social, and governance-related sustainability performance indicators.
“This recognition amongst our peers reflects our ongoing work to embed sustainability into our business, and to catalyse sustainability in society through our partnerships, products, services and investments,” said Chad Park, Vice-President of Sustainability & Citizenship at Cooperators. “This work is fundamental to our cooperative identity, and critical to our long-term success as we bring our purpose of financial security for Canadians and our communities to life.”
Some key highlights of sustainability achievements by Co-operators:
- 23.6% of investments are invested for impact. That’s CAD 2.69 billion directed to improve the well-being of the environment and society.
- Co-operators is carbon neutral, and on a journey to achieve net zero in its operations and investments.
- The organisation designs products with sustainability in mind, with 28.2% of total revenue coming from sustainable products or services.
The Co-operators’ Integrated Annual Report demonstrates how the cooperative financial services provider is working to create a sustainable future.
Chad Park and his colleague from Co-operators, Tom Ewart, AVP Sustainability, will both participate in the agenda for the ICMIF Sustainability Summit 2023 which takes place Wednesday 1 November to Thursday 2 November as a hybrid event. The in-person event will take place in London (UK) and it will also be possible to attend online. Learn more about the event here or contact Liam Carter, Senior Vice-President, Sustainability, ICMIF, for more information.
