Corporate Knights Canada - 50 Best Corporate Citizens 2018
A growing body of research is demonstrating just how beneficial corporate citizenship is for the bottom line. Studies point to the increased profitability of firms that employ more women in senior management roles, while resource-efficient firms are better equipped to handle swings in commodity prices. Failing to properly incentivize managers to hit safety and sustainability targets can result in disasters like the BP Gulf of Mexico oil spill. In the years leading up to the incident, BP had been hit with more U.S. fines and penalties than its four biggest rivals combined. The Corporate Knights list salutes the Canadian companies that best embrace this new paradigm. The bar is being raised, but there is much more work to do.