MONTRÉAL, Feb. 1, 2022
/CNW/ - Cogeco Communications (TSX: CCA) ("Cogeco") is pleased to
announce that it has been included, for the first time, in the
prestigious Sustainability Yearbook 2022 presented by S&P
Global for its excellence in implementing best ESG business
practices. In order to be listed in the Yearbook, companies must
score within the 15% top performers in their industry and achieve
an S&P Global ESG Score within 30% of their industry's
top-performing businesses. S&P evaluated more than 7,000
companies and designated only 716 as sustainability leaders.
"We congratulate Cogeco on its inclusion in The
Sustainability Yearbook 2022. Over 7,000 companies were assessed
and receiving this distinction highlights dedication to sustainable
business practices," said Manjit
Jus, Managing Director, Global Head of ESG Research, S&P
Global.
"Being recognized in the prestigious S&P
Global Sustainability Yearbook is a great honour for us," stated
Philippe Jetté, President and Chief Executive Officer at Cogeco.
"This recognition underscores, once again, our longstanding
commitment to superior ESG standards and motivates us to build on
our track record of social engagement, environmental performance
and solid governance practices to drive sustainable and inclusive
growth."
Sustainability and ESG at the heart of
Cogeco's actions
Social engagement and the development of
communities have long been at the heart of Cogeco's actions. The
company has an ambitious Corporate Social Responsibility program
that aims to implement the best ESG practices. On that note, Cogeco
will publish in March its next ESG and Sustainability Report, in
which the company will present an update of its performance
indicators and further information on its ESG strategy.
Moreover, Cogeco was recently ranked, for a third consecutive year,
among the world's 100 most sustainable corporations according to
Corporate Knights. Last November, Cogeco received the prestigious
"A" rating from the internationally recognized organization CDP for
its leadership in environmental transparency. This rating was given
to only 2% of the companies that were assessed. In addition to
presenting its Climate Action Plan, Cogeco also announced, in the
last few months, its goal of achieving net-zero emissions by 2050.
Finally, during COP26, the company
received the inaugural Terra Carta
Seal from His Royal Highness The Prince of Wales, which
recognises global companies that are driving innovation and
demonstrating their commitment to, and motivation towards, the
creation of a sustainable future.
About S&P Global
S&P Global
(NYSE: SPGI) is the world's foremost provider of credit ratings,
benchmarks and analytics in the global capital and commodity
markets, offering ESG solutions, deep data and insights on critical
economic, market and business factors.
ABOUT COGECO COMMUNICATIONS INC.
Rooted
in the communities it serves, Cogeco Communications Inc. (TSX: CCA)
is a growing competitive force in the North American
telecommunications sector with a legacy of over 60 years. Through
its business units Cogeco Connexion and Breezeline (formerly
Atlantic Broadband), Cogeco Communications provides broadband
services (Internet, television and phone) to 1.6 million
residential and business customers in Quebec and Ontario in Canada as well as in twelve states in
the United States. To learn more
about Cogeco Communications' growth strategy and its commitment to
support its communities, promote inclusive growth and fight climate
change, please visit us online at corpo.cogeco.com.
SOURCE Cogeco Communications Inc.