DAVOS,
Switzerland, Jan. 18,
2023 /CNW Telbec/ - Cogeco Communications (TSX: CCA)
is pleased to announce that it has been ranked for a fourth
consecutive year among the world's 100 most sustainable
corporations according to Corporate Knights, which released its
annual ranking today in Davos.
This year the Company holds the 45th spot in this highly regarded
global ranking of companies that are leading the way in making the
world a better place, up 36 places from 81st last year. The Global
100 Most Sustainable Corporations ranking results from a rigorous
assessment of 6,720 companies with more than US$1 billion in revenues.
"Cogeco has joined a league of sustainability players who are
changing the rules of the game. With top-quartile performance in
board diversity, carbon productivity and sustainable revenue and
investment, Cogeco is demonstrating the significant potential for
telecommunications companies to speed up the transition to a
sustainable future," said Toby
Heaps, CEO of Corporate Knights.
"We are proud of this significant achievement and honoured to
have received, once again this year, this international recognition
for our ongoing efforts to include the highest environmental,
social, and governance standards into our daily business
decisions," said Philippe Jetté, President and Chief Executive
Officer of Cogeco. "At Cogeco, we take immense pride in pursuing
our sustainability agenda through implementing the best
Environmental, Social, and Governance (ESG) practices. We have
defined our ESG strategy, with commitments centered on reducing our
environmental footprint, implementing strong governance practices
and supporting our key stakeholders. Seeing our ranking improve
significantly and bringing us to the top 50 proves that we took the
right actions and intend to continue on this path."
Our efforts in the area of ESG factors continue to be
recognized, as evidenced by our nomination this past year as one of
the 50 best corporate citizens in Canada by Corporate Knights. We are also
listed in the prestigious Sustainability Yearbook 2022 presented by
S&P Global for our excellence in implementing ESG best business
practices. Cogeco promotes sustainable and inclusive growth through
its long tradition of corporate citizenship and community
involvement, concrete measures to fight climate change, efficient
operating practices, and strong commitment to responsible and
ethical management.
ABOUT COGECO COMMUNICATIONS INC.
Rooted in the communities it serves, Cogeco Communications Inc.
is a growing competitive force in the North American
telecommunications sector with a legacy of more than 65 years.
Through its business units Cogeco Connexion and Breezeline, Cogeco
Communications provides Internet, video and phone services to 1.6
million residential and business customers in Québec and
Ontario in Canada as well as in thirteen states in
the United States. Cogeco
Communications Inc.'s subordinate voting shares are listed on the
Toronto Stock Exchange (TSX: CCA).
SOURCE Cogeco Communications Inc.