Cogeco Cable Inc. 2013 Corporate Social Responsibility Report
Cogeco is very pleased to present its second GRI Corporate social responsibility report. According to the Global Reporting Initiative (GRI), corporate social responsibility is ‘‘a firm’s accountability to internal and external stakeholders for organizational performance towards the goal of sustainable development. ”Under this reporting framework, the analysis of a firm’s performance should include the three dimensions of corporate social responsibility – economic, social and environmental.
Based on our understanding of the GRI guidelines, we believe our corporation is already contributing to sustainable development in many key areas. Supported by an emerging corporate social responsibility management structure and a sound corporate governance framework, we expect to improve our performance going forward in line with the expectations of our stakeholders, our corporate values and our business objectives.
This report provides a comprehensive view of our sustainability performance, including many successful initiatives to reduce GHG emissions associated with our waste, facilities and fleet management. These and other initiatives had a positive impact on our FY2012 and FY2013 financial results. In FY2012, we established reduction objectives in a number of areas and are pleased to report performance improvements in the areas tracked.
As a corporation with deep roots in smaller urban centres and rural areas, we are well aware of our vital role in the social and economic development of the communities we serve. Our contribution takes many forms – salaries and related benefits, fulfilling jobs, donations and sponsorships, and collaboration with numerous grassroots community organizations, among others. The economic and social performance sections of this report provide an overview of what we bring to local communities and we are very proud to share this information.
Going forward, we will strive to seek an appropriate balance between our economic, environmental and social responsibility objectives. By the end of FY2014, we expect to have completed the implementation of an environmental management system that will help us achieve our goals. By managing the social, economic and environmental impact of our operations, we will continue to make a positive contribution to the communities we serve.
If you have any comments regarding this report, please contact us at: CSR-RSE@cogeco.com. We invite your comments and look forward to reporting on our future progress.