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Cision Canada
5 days ago
- Business
- Cision Canada
ROYAL CANADIAN MINT RANKED ONE OF CANADA'S BEST 50 CORPORATE CITIZENS BY CORPORATE KNIGHTS Français
OTTAWA, ON, June 26, 2025 /CNW/ - The Royal Canadian Mint has once again ranked among Corporate Knights' Best 50 Corporate Citizens in Canada. This year, the Mint has improved its ranking to fifth overall in this national corporate responsibility award. It also placed first among metal products manufacturers and second in both the Materials sector and the Metals & Mining industry. The Mint continued to be recognized for its sustainable revenue and investment, energy consumption and carbon emissions management, waste reduction, as well as paid sick leave, employee retention, and gender and racial diversity among executive management and Board positions. "Canada's 50 Best Corporate Citizens continue to set the bar in addressing some of our biggest challenges – from decarbonization, to economic inequities, to leadership ranks that still don't reflect the population as a whole. This is commendable performance, and it comes with many of its own rewards – including strong continued evidence of better financial returns on the part of leading corporate citizens," said Toby Heaps, CEO, Corporate Knights. "As an organization dedicated to minting with care, the Royal Canadian Mint is focused on delivering sustainable economic value for Canada in ways that are both socially and environmentally responsible," said Marie Lemay, President and CEO of the Royal Canadian Mint. "We are honoured that our efforts to operate responsibly are being recognized by Corporate Knights as valuable examples for industry peers and for Canada's business community." The Mint's recent successes along our sustainability journey, as well as the ways we can improve, are published in our 2024 Impact Report. About the Royal Canadian Mint The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins. The Mint is one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada's prestigious military and civilian honours. As an established London and COMEX Good Delivery refiner, the Mint also offers a full spectrum of best-in-class gold and silver refining services. As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces and to make a positive impact on the communities where it operates, the Mint integrates sustainability practices in every aspect of its operations. For more information on the Mint, its products and services, visit Follow the Mint on LinkedIn, Facebook and Instagram. About Corporate Knights Corporate Knights Inc. is an independent Toronto-based media and research company. Its media division publishes the award-winning sustainable-economy magazine Corporate Knights, circulated in The Globe and Mail, The Washington Post, and The Wall Street Journal. Its research division produces sustainability rankings, research reports, and financial product ratings based on corporate sustainability performance. The Best 50 Corporate Citizens in Canada are selected from among all publicly traded, privately owned and Crown corporations with gross revenues of at least $C1 billion. The percentages of investments in and revenues derived from sustainable activities account for half of each company's score, while a comprehensive range of 23 other metrics also factor into the ranking. Some of these additional metrics are weighted relative to the scope of industry-specific impacts in relation to the overall economy. The ranking relies primarily on publicly available information and its methodology is fully transparent and quantitative.
Korea Herald
17-02-2025
- Business
- Korea Herald
LG Energy Solution outpaces battery rivals in global sustainability rankings
Korean battery leader LG Energy Solution is being recognized in global evaluations of corporate environmental, social and governance efforts, driven by its accelerated progress toward net-zero operations. LG Energy Solution announced Monday that it had been named an 'industry mover' by credit ratings giant S&P Global in its annual ESG performance assessment, following an increase of more than 5 percent year-on-year in its score. Released Feb. 11, S&P's 2025 Sustainability Yearbook evaluated over 7,690 companies on their transition to more sustainable business models and contributions to carbon neutrality over the past year. The yearbook serves as a key benchmark for assessing how well companies are preparing for long-term business sustainability. In last year's assessment, LG Energy Solution was the only electricity facility company among the 56 industry movers and, for the first time, entered the top 15 percent of the electrical components and equipment sector. The company received high scores for its climate strategy, driven by a systematic assessment of climate risks and proactive efforts to reduce carbon emissions in line with its phased action plans, which target achieving net-zero emissions across its entire value chain by 2050. As part of these efforts, the company strengthened its role in supporting partner businesses in reducing emissions and enhanced control over emissions generated throughout its products' life cycle. These initiatives earned the company additional recognition in various ESG evaluation criteria. In a separate research report released at the World Economic Forum in Switzerland, commonly referred to as the Davos Forum, in January, LG Energy Solution ranked 12th among the global top 100 companies for exceptional sustainability and No. 1 among battery manufacturers. The assessment, conducted by Canada-based research firm Corporate Knights, surveyed global business giants with annual sales exceeding $1 billion. The evaluation, announced annually at Davos, highlights companies leading in sustainable business practices. LG Energy Solution was recognized for its energy-efficient production, transition to renewable energy sources, and eco-friendly sales and investments. 'As one of the world's largest battery-makers, LG Energy Solution is at the center of the transition to a net-zero economy,' said Corporate Knights CEO Toby Heaps. 'It has confirmed its global leadership by being selected as one of the top 100 global sustainable companies.' Beyond its acclaimed ESG efforts, LG Energy Solution plans to accelerate its drive toward carbon neutrality. The company aims to expand its presence in the battery recycling market, establishing a closed-loop circular system to minimize waste from used batteries and regenerate materials for new battery production. 'We will continue to respond agilely and flexibly to changing business regulations and markets,' said an LG Energy Solution official. 'We believe that our ESG management will place us in a leading position to secure sustainable competitiveness and benefit our customers.'
