Best Practice in Canadian Sustainability Reporting

Stratos Inc., an Ottawa-based consultancy, has released the first report that evaluates the status of sustainability reporting in Canada, “Stepping Forward: Corporate Sustainability Reporting in Canada.”Only 57 companies – 26% of the largest 100 companies – in nine industry sectors prepare reports. This places Canada in between the U.S. and Europe. The issues covered and quality of information provided in Canadian company corporate reports varies substantially across companies. They report well on environmental discharges, community philanthropy and health and safety. They are weaker in reporting on social performance. Many reports side-step tough issues and focus only on good news, reducing their credibility.Contact: Julie Pezzack Download the reportP.S. Interface, Inc., has published its first online sustainability report.

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