Environmental, social and governance strategy
Executive summary
As a Crown corporation with a public purpose at its heart, CDIC is committed to fulfilling its mandate in a manner that considers the expectations of depositors, the Government, and Parliament.
To deliver on its mandate, CDIC proactively focuses on anticipating and responding to developments and trends in the economic, financial, environmental, and social landscape. CDIC has prepared this Environmental, Social, and Governance (ESG) Strategy to establish and communicate environmental, social and governance goals for CDIC, and to promote transparency and accountability for our actions.
ESG Vision Statement: CDIC will operate sustainably through responsible, intentional, and inclusive actions for the benefit of our employees, communities, and depositors.
CDIC’s ESG Strategy will help us make better decisions by:
- Tracking CDIC’s environmental impact to inform opportunities that could increase the sustainability of its operations over time.
- Fostering an engaged, high-performing, and representative workforce and helping people make informed financial decisions through CDIC’s Public Awareness Strategy; and,
- Continuing to strengthen the Corporation’s governance framework that supports the delivery of the CDIC mandate.
“Championing responsible environmental, social and governance (ESG) practices is about protecting our collective future. This is why CDIC’s ESG strategy is embedded in everything we do. At CDIC, we know guaranteeing the safety of your insured deposits to protect financial futures in Canada can be done responsibly and with impact.”
Leah Anderson, President and CEO
Environmental pillar
CDIC will review its emissions footprint and the sustainability of its operations to inform emission reduction efforts that could contribute to the Government of Canada’s efforts to reach net-zero emissions by 2050.
Social pillar
CDIC’s Public Awareness Strategy helps depositors make informed financial decisions and our culture prioritizes diversity, equity, and inclusion (DEI), as well as the growth and development of our employees.
Governance pillar
CDIC promotes transparency, accountability, and governance best practices in our work to maintain the trust of people living in Canada.
Key metrics
We monitor ESG metrics to measure our performance against key indicators and remain transparent with our stakeholders about our plans and progress.
