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ESG Governance

Providing the foundation for ethical, sustainable business

Image of diverse group of business people managing ESG governance.


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

With a mandate to help Canadian companies do business in countries around the world, it’s critical that we have strong policies, guidelines and controls. Our commitment to good governance and high ethical standards is one of our core values. It is also integral to our reputation and our ability to deliver value for Canadians.


 

News and highlights

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EDC’s Anti-Corruption Resource Centre

Corruption is a significant risk in many international markets. This page is your resource for essential information that can help your business adopt anti-corruption best practices and become a leader in corporate sustainability.

Learn more

Picture of a screen with gear in it and mobile phone with speech bubble representing knowledge learned from EDC ESG webinars.

The latest ESG webinars

Find out how environmental, social and governance practices can shape the future growth of your business.

Learn more

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Why rising geopolitical risk matters

Russia’s recent invasion of Ukraine is a potentially transformative event, which has brought to the surface a shift in the global system.

Learn more


 

Image of 3 people discussing to represent strong governance to ensure good ESG practices.

Strong governance is key to ensuring good ESG practices are embedded across our organization and within the solutions we provide our customers.

Our ESG governance approach begins with our board, which provides oversight of our ESG efforts and contributes to the ongoing evolution of our ESG strategy. Our governance is strengthened by our ESG Advisory Council and the policies, procedures and controls we put in place to guide our actions and decision-making. These are informed by international best practices and by the perspectives of our wide range of stakeholders.

EDC’s ESG priorities are also shaped by our shareholder, the Government of Canada, through various mechanisms. This includes the annual Statement of Priorities and Accountabilities from the Minister responsible for International Trade to EDC’s Chair of the Board of Directors and the government’s review and approval of our annual Corporate Plan.

Business integrity is critical to trade and to EDC’s role in helping businesses expand beyond Canada’s border. Our Code of Conduct, policies and procedures hold us to the highest ethical standards and help us navigate the complexities of the global trade environment in a way that prevents and mitigates financial crime and corruption.

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We’re part of a much larger trade ecosystem that is dedicated to working together to help Canadian companies achieve their international business goals. Engagement with our stakeholders, from customers and financial partners to industry associations and civil society organizations, is key to supporting and developing Canada’s export trade.

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Composed of prominent experts across a variety of fields, our ESG Advisory Council strengthens our governance approach through the perspectives and expertise we receive from our members.

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A number of policies, reports and frameworks guide our approach to responsible, sustainable business. Find them, and additional ESG-related resources, on our policies and reports page.

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Transparency and disclosure are integral to facilitate accountability and oversight, build trust and promote meaningful dialogue with our stakeholders. We’re also bound by specific rules about how and when information about EDC is released to the public.

Learn more


 

More about our corporate governance

EDC’s mandate, powers and objectives are established by statute of the Parliament of Canada through the Export Development Act. As a commercial and financial Crown corporation, EDC is governed by a Board of Directors whose representatives are primarily from the private sector. Discover more about our overall corporate governance on our Management and Governance page.

Learn more
 

ESG governance structure

Graphic of EDC’s ESG governance structure illustrating Board of Directors, Board committees, President and CEO, Executive Management team, Executive committees, Chief Business Office, Chief Corporate Sustainability Officer and Corporate Sustainability Group leads.


 

By the numbers: putting our governance commitments into action

Measuring and monitoring our performance is key to understanding where we’re doing well, where we need to improve, and what we want to achieve in the future. Details on our 2023 performance and plans are available in our integrated annual report.

100%

Of new employees received sustainable and responsible business onboarding

82%

Of board members hold an ESG Competent Boards certification

100%

Of relevant employees received financial crimes training


 

Agreements and memberships

EDC is guided by a number of agreements and standards that form the foundation of our view of best practices when it comes to governance issues, such as the Business Ethics Leadership Alliance, the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, and the Canadian Centre for Ethics and Corporate Policy.

Learn more about our commitments


 

Policies & reports

Explore policies, reports and other reference materials related to ESG governance at EDC

Code of Conduct

All employees are expected to honour and comply with our Code of Conduct, which helps us navigate the complexities of the global trade environment.

Learn more

Anti-Corruption Policy Guidelines

Explains the measures we take in our due diligence process to align with legislation and international standards.

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

Integrated Annual Report

Discover how EDC performed in 2023 and how we’re thinking about the future.

Learn more
See all policies and reports


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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: 2024-06-07

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