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2014 Best 50 Corporate Citizens in Canada Ranking announced

Wednesday, June 4th 2014 9:02:54am

(TORONTO, Ontario, June 4, 2014) - Corporate Knights today released its Best 50 Corporate Citizens in Canada list, the definitive annual ranking of Canada’s top corporate citizens.

The ranking, which is in its 13th year, transparently measures a diverse range of Canadian enterprises on a suite of 12 sustainability metrics, including greenhouse gas productivity, per cent of taxes paid, health and safety performance and pension fund quality. To ensure “apples to apples” comparisons, companies are ranked exclusively against their industry peers, and scored on a 0-100% scale using only those metrics that are widely disclosed in their respective industries.

The Best Corporate Citizen for 2014 is Mountain Equipment Co-op (MEC), a leading clothing and sporting equipment retailer. MEC came in with top quartile performance on six metrics, including carbon productivity, waste productivity and CEO-to-average employee pay.

The Corporate Knights Best 50 methodology for grading corporate citizenship, developed with financial support from Industry Canada, has helped clarify and raise the rigour and professionalism of what it means to be a good corporate citizen.

“Organizations named to the Best 50 represent the best in corporate sustainability performance,” says Doug Morrow, Managing Director, Corporate Knights Capital. “They epitomize the concept of doing more with less.”

An overview of the methodology for the Best 50 Corporate Citizens in Canada ranking is available at www.corporateknights.com/Best50_2014 and in the Best 50 2014 issue (Vol. 13.3) of Corporate Knights magazine, found in the Globe and Mail on June 4.

The 2014 Best 50 Corporate Citizens in Canada, Distribution by Province

ProvinceNumber of 2014 Best 50 Companies

The 2014 Best 50 Corporate Citizens in Canada

RankCompany NameProvinceGICS Industry Group
1Mountain Equipment Co-opBCConsumer Durables & Apparel
2Vancouver City Savings Credit UnionBCBanks
3BombardierQuebecCapital Goods
4Tim HortonsOntarioConsumer Services
5Mouvement des Caisses DesjardinsQuebecBanks
6Teck ResourcesBCMaterials
7Co-operators GroupOntarioInsurance
8Husky EnergyAlbertaEnergy
9Toronto-Dominion BankOntarioBanks
10Cenovus EnergyAlbertaEnergy
11Suncor EnergyAlbertaEnergy
12Royal Bank of CanadaOntarioBanks
13HSBC Bank CanadaBCBanks
14Capital PowerAlbertaUtilities
15EPCOR UtilitiesAlbertaUtilities
16Intact FinancialOntarioInsurance
17BCEQuebecTelecommunication Services
18Transat ATQuebecConsumer Services
20Canadian National RailwayQuebecTransportation
22Sun Life FinancialOntarioInsurance
23Bank of MontrealOntarioBanks
25Canada PostOntarioCommercial & Professional Services
27Kinross GoldOntarioMaterials
28TELUSBCTelecommunication Services
29CelesticaOntarioTechnology Hardware & Equipment
31Ontario Power GenerationOntarioUtilities
32Yamana GoldOntarioMaterials
33Bank of Nova ScotiaOntarioBanks
36Canadian TireOntarioRetailing
37Rogers CommunicationsOntarioTelecommunication Services
38TMX GroupOntarioDiversified Financials
39StantecAlbertaCommercial & Professional Services
41TC TranscontinentalQuebecCommercial & Professional Services
42British Columbia Hydro and Power AuthorityBCUtilities
43Westjet AirlinesAlbertaTransportation
44The Manitoba Hydro-Electric BoardManitobaUtilities
45Catalyst PaperBCMaterials
46Talisman EnergyAlbertaEnergy
47Resolute Forest ProductsQuebecMaterials
48Canadian Pacific RailwayAlbertaTransportation
49Federated Co-operatives LimitedSaskatchewanCommercial & Professional Services
50Loblaw CompaniesOntarioFood & Staples Retailing

For information contact:
Toby Heaps, President & CEO, Corporate Knights

Doug Morrow, Managing Director, Corporate Knights Capital

Michael Yow, Lead Analyst, Corporate Knights Capital