Canada Post Issues First Corporate Social Responsibility Report

Canada Post issued its first annual Corporate Social Responsibility Report (CSR). The Report reflects the corporation’s economic, social and environmental objectives, strategies, and performance.

Some key achievements in the 2007 CSR report include:

– Recognition in Maclean’s magazine as a top 100 employer in Canada;
– A Strategic Council poll found Canada Post “the most trusted federal institution” in Canada;
– According to a Leger Marketing survey Canada Post ranked third among the 150 most-admired businesses in Quebec;
– Since 2002, Canada Post has invested more than 10 million dollars in more than 250 energy-reduction initiatives and has reduced greenhouse gas emissions from its buildings and fleet by 3 pct.
– Canada Post plans to follow LEED™ green building standards for all major new buildings and has targeted a 75 pct landfill waste diversion rate by December 2008
Employee engagement levels rose by 5 percentage points;
– Canada Post donated 1.4 pct of pre-tax profits to registered charities and not-for-profit organizations;
Through employee and corporate donations, Canada Post raised more than 2.5 million dollars for the United Way;

Canada Post faced some significant challenges in 2007. There were more than 4,000 accidents that resulted in lost time. Absenteeism is a concern; there were 14.8 lost days per employee compared to an overall national average of 9.7 days. Despite 10 years of labour peace, more than 20,000 grievances were filed in 2007. High fuel prices continue to be a concern for Canada Post and its aging infrastructure requires an investment up to USD 1.9 million to modernize.

Canada Post issued its first annual Corporate Social Responsibility Report (CSR). The Report reflects the corporation’s economic, social and environmental objectives, strategies, and performance.

Some key achievements in the 2007 CSR report include:

– Recognition in Maclean’s magazine as a top 100 employer in Canada;
– A Strategic Council poll found Canada Post “the most trusted federal institution” in Canada;
– According to a Leger Marketing survey Canada Post ranked third among the 150 most-admired businesses in Quebec;
– Since 2002, Canada Post has invested more than 10 million dollars in more than 250 energy-reduction initiatives and has reduced greenhouse gas emissions from its buildings and fleet by 3 pct.
– Canada Post plans to follow LEED™ green building standards for all major new buildings and has targeted a 75 pct landfill waste diversion rate by December 2008
Employee engagement levels rose by 5 percentage points;
– Canada Post donated 1.4 pct of pre-tax profits to registered charities and not-for-profit organizations;
Through employee and corporate donations, Canada Post raised more than 2.5 million dollars for the United Way;

Canada Post faced some significant challenges in 2007. There were more than 4,000 accidents that resulted in lost time. Absenteeism is a concern; there were 14.8 lost days per employee compared to an overall national average of 9.7 days. Despite 10 years of labour peace, more than 20,000 grievances were filed in 2007. High fuel prices continue to be a concern for Canada Post and its aging infrastructure requires an investment up to USD 1.9 million to modernize.

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