Montréal, Québec, May 13, 2020 – Finance Montréal’s Finance and Sustainability Initiative (FM-FSI) is very pleased to announce the 2020 winners of its annual competition for best sustainability report:
|
Sector (according to SASBTM classification) |
Winner |
|
Resource Transformation |
Nutrien |
|
Renewable resources and alternative energy |
Hydro-Québec |
|
Services |
Transcontinental Inc. |
|
Non-renewable resources - Oil and gas |
Suncor |
|
Non-renewable resources - Gold companies |
OceanaGold Corporation |
|
Non-renewable resources - Metals and mining other than gold |
Teck Resources Limited |
|
Technology and communications |
BCE Inc. |
|
Infrastructure |
TransAlta Corporation |
|
Finance - Banking |
BMO |
|
Finance - Non-banking |
SunLife Financial |
The FSI-FM Competition aims to promote excellence in sustainability reporting among Canadian public companies. All companies that were part of the S&P/TSX Composite Index as well as government-owned corporations and had produced a sustainability report at September 30, 2019 were automatically eligible for the 2020 FSI-FM Competition. Juries were composed of bachelor’s or master’s level university students from several universities, including Concordia, HEC Montréal, McGill, Université de Sherbrooke, UQAM, and Waterloo under the supervision of an associate professor.
Due to the COVID-19 pandemic, the official awards ceremony had to be canceled. In lieu of this celebration of the best sustainability reports and the great analytical work by the university teams, the FSI-FM decided to produce feature articles on each of the recipients, based on interviews with the teams and businesses. The first in this series of articles will be published on May 20, and new articles will be available every two weeks.
About Finance Montréal
Created in 2010, Finance Montréal, Québec’s financial cluster, has a mission to make Montréal a world-class financial hub, and foster cooperation among its member institutions to accelerate the industry’s growth. The organization engages in international business development activities to attract foreign financial companies to Montréal by promoting various tax incentives including the IFC tax credit. It also administers the Montréal FinTech Station, a development centre for businesses in the financial technology sector.
FSI-FM is dedicated to promoting sustainable finance, and more particularly responsible investment, to financial institutions, companies and financial professionals. Its activities are based on a collaborative approach, centered on education, professional development, research and partnerships with stakeholders from Quebec ecosystem.
