Corporate Knights - The Canadian Magazine for Responsible Business
Best 50 Corporate Citizens in Canada: 2010 Ranking

Download the report here. Read about our methodology here.

The Best 50 Corporate Citizens 2010

1. Mountain Equipment Co-op

2. Cooperators Group

3. Vancity

4. Hydro One

5. Loblaw Companies Limited

6. Sherritt International

7. SNC-Lavalin Group Inc.

8. Desjardins

9. IAMGOLD Corporation

10. IGM Financial

11. MDS Inc.

12. Nexen Inc.

13. ENMAX

14. Sun Life Financial Inc.

15. George Weston Limited

16. Toronto-Dominion Bank

17. Canadian National Railway Company

18. Cameco Corporation

19. Rona Inc.

20. Magna International Inc.

21. Sears Canada

22. HSBC Bank of Canada

23. BC Hydro and Power

24. First Quantum Minerals Ltd.

25. Canadian Broadcasting Corporation

26. Catalyst

27. Canada Post

28. Hydro-Quebec

29. Teck Resources Limited

30. Transcontinental

31. CANFOR CORPORATION

32. Husky Energy Inc.

33. Royal Bank of Canada

34. Westport Innovations Inc.

35. Enbridge Inc.

36. Norbord Inc.

37. Saskatchewan Power

38. EnCana Corporation

39. Kinross Gold Corporation

40. Power Corp. of Canada

41. Agrium Inc.

42. Bank of Nova Scotia

43. Tembec

44. Cascades Inc.

45. Caisse de dépôt et placement du Québec

46. Thomson Reuters Corporation

47. Suncor Energy Inc.

48. Bombardier Inc.

49. Manitoba Telecom Services Inc.

50. Canadian Imperial Bank Of Commerce

The Top Foreign Corporate Citizens in Canada 2010 (in alphabetical order)



ArcelorMittal Dofasco (London, UK / Luxeumbourg)

Centrica plc (parent of Direct Energy) (Windsor, UK)

Dell Inc. (Round Rock, TX)

General Electric Company (Fairfield, CT, USA)

Hewlett-Packard Company (Palo Alto, CA, USA)

Honda Motor Company Limited (Tokyo, Japan)

IBM (Armonk, NY)

Starbucks Corp. (Seattle, WA, USA)

Toyota Motor Corp. (Toyota City, Japan)

Royal Dutch Shell plc (The Hague, The Netherlands)

Weyerhaeuser Company (Federal Way, WA, USA)

 

What's the difference between this and the Report on Business TSX60 ranking?

The purpose of the Best 50 Corporate Citizens in Canada is to identify the "best" corporate citizens in Canada from a broad group of companies that include our blue-chip companies and major non-publicly traded companies such as co-ops and utilities. The purpose of the TSX60 ranking in Report on Business is to show how our country's main blue chip stock index components are performing and to potentially leave the door open for investment products that are overweighted on higher-scoring companies and can be compared to the TSX60 index.

There are two main differences:

1. Universe. The TSX60 ranking only looks at those companies. The Best 50 looks at companies in the TSX60, Top 50 on FP500 and/or ROB1000. Must be traded on TSX and/or have Canadian headquarters to be considered. Additional companies with significant operations in high-impact sectors were added.

2. The TSX60 ranking in the ROB is based strictly on quantitative criteria and the Best 50 ranking includes those same quant criteria but is also complemented with a 15% weighting allocated to more qualitiative elements, including serious controversies and core business impact -- for example, a bank's AUM invested in green energy.

 

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