21 Canadian Companies Appear on 2014’s list of 500 Greenest Companies in the World
For the past 5 years Newsweek in partnership with Corporate Knights Capital, an investment advisory and research firm based in Toronto, Canada, has published a list of the world’s top 500 largest yet, most sustainable companies.
Companies on this list are evaluated based on their performance on eight specific indicators including energy, water, carbon and waste productivity as well as, CEO-to-average-worker pay-ratio, leadership diversity, and employee turnover. The companies were then scored, relative to their same-sector peers and mapped on a 100-point scale.
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Here are the 21 Canadian companies in the order of their appearance and placement on the list of World’s Top 500 Greenest Companies:
#22 Rogers Communications
Headquartered in Toronto, Ontario, Rogers Communications is a public Canadian communications and media company.
Sector: telecommunication services Green Score: 69.3%
Headquartered in Verdun, Canada, BCE, Inc. provides communication services to residential and business customers in Canada.
Sector: telecommunication services Green Score: 61.8%
#88 Canadian Imperial Bank of Commerce
CIBC, is one of Canada's chartered banks and fifth largest by deposits and is headquartered in Toronto, Ontario.
Sector: financial Green Score: 55.4%
#114 Bank of Montreal
Headquartered in Toronto, Ontario, the Bank of Montreal, or BMO Financial Group, is the fourth-largest bank in Canada by market capitalization.
Sector: financial Green Score: 53.1%
#115 Canadian Pacific Railway
Headquartered in Calgary, Alberta, Canada pacific Railway owns approximately 14,000 miles of track all across Canada and into the United States.
Sector: industrial Green Score: 53.1%
#118 Imperial Oil
Headquartered in Calgary, Alberta, imperial Oil Limited is Canada's second-biggest integrated oil company.
Sector: energy Green Score: 52.9%
#134 Royal Bank of Canada
Royal Bank of Canada is the largest financial institute in Canada, headquartered in Montreal, Quebec, and its operational head office is in Toronto, Ontario.
Sector: financial Green Score: 50.9%
#137 Husky Energy
Husky Energy Inc. is one of Canada’s largest integrated energy companies, headquartered in Calgary, Alberta
Sector: energy Green Score: 50.6%
#146 Toronto-Dominion Bank
The Toronto-Dominion Bank is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario.
Sector: financial Green Score: 50.1%
#177 Bank of Nova Scotia
Headquartered in Toronto, Ontario, the Bank of Nova Scotia is the third largest bank in Canada by deposits and market capitalization.
Sector: financial Green Score: 47.5%
#199 Brookfield Asset Management
A Canadian asset management company headquartered in Toronto, Ontario, Brookfield Asset Management Inc. is a global asset manager with billions of dollars in assets including office properties, renewable power facilities and more.
Sector: financial Green Score: 44.5%
#232 Canadian National Railway
The Canadian National Railway Company is a Canadian Class I railway headquartered in Montreal, Quebec that serves Canada and the Midwestern and Southern United States.
Sector: industrial Green Score: 40.1%
#254 Suncor Energy
Suncor Energy is a Canadian integrated energy company that specializes in production of synthetic crude from oil sands. Suncor Energy is based in Calgary, Alberta.
Sector: energy Green Score: 37.8%
Enbridge, Inc. is an energy delivery company based in Calgary, Alberta. It focuses on the transport and distribution of crude oil, natural gas, and other liquids.
Sector: energy Green Score: 35.7%
#283 Canadian Natural Resources
Canadian Natural Resources Limited, is an oil and gas exploration, development and production company with its corporate head office in Calgary, Alberta.
Sector: energy Green Score: 34.7%
#291 Great-West Lifeco
Canada's first domestic life insurance company, Great-Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services. Great-West Lifeco's registered office is located at Winnipeg, Manitoba.
Sector: financial Green Score: 34.3%
#294 Potash Corp of Saskatchewan
Potash Corporation of Saskatchewan Inc., is an integrated producer of fertilizer, industrial and animal feed products based in Saskatoon, Saskatchewan.
Sector: materials Green Score: 33.9%
#309 Manulife Financial
Manulife Financial Corporation is a Canadian insurance company and financial services provider, with a head office in Toronto, Canada.
Sector: financial Green Score: 32.0%
TransCanada Corporation is an energy company based in Calgary, Alberta, developing and operating energy infrastructure in North America.
Sector: energy Green Score: 27.4%
#411 Valeant Pharmaceuticals International
Valeant Pharmaceuticals International, Inc. is a publicly traded pharmaceutical company based in Montreal, Canada.
Sector: healthcare Green Score: 17.3%
#462 Power Financial
Power Financial Corporation is a diversified management and holding company that has interests, directly or indirectly, in companies in the financial services.
Sector: financial Green Score: 10.0%
Throughout the years, these rankings have continued to evolve and now hold a greater weight in the eyes of both investors and consumers.
Keep in mind that while becoming a sustainable company can help the environment, it can also help a company’s reputation.
Marketing matters: from IBM to Kyndryl
Prior to joining Kyndryl as Chief Marketing Officer, Maria had a 25-year career at IBM, most recently as the tech giant’s CMO where she oversaw all marketing professionals and activities across North America, Canada and Latin America. She has held senior global marketing positions in a variety of disciplines and business units across IBM, most notably strategic initiatives in Smarter Cities and Watson Customer Engagement, as well as leading teams in services, business analytics, and mobile and industry solutions. She is known for her work with teams to leverage data, analytics and cloud technologies to build deeper engagements with customers and partners.
With a passion for marketing, business and people, and a recognized expert in data-driven marketing and brand engagement, Maria talks to Business Chief about her new role, her leadership style and what success means to her.
You've recently moved from IBM to Kyndryl, joining as CMO. Tell us about this exciting new role?
I’m Chief Marketing Officer for Kyndryl, the independent company that will be created following the separation from IBM of its Managed Infrastructure Services business, expected to occur by the end of 2021. My role is to plan, develop, and execute Kyndryl's marketing and advertising initiatives. This includes building a company culture and brand identity on which we base our marketing and advertising strategy.
We have an amazing opportunity ahead at Kyndryl to create a company brand that will stand apart in the market by leading with our people first. Once we are an independent company, each Kyndryl employee will advance the vital systems that power human progress. Our people are devoted, restless, empathetic, and anticipatory – key qualities needed as we build on existing customer relationships and cultivate new ones. Our people are at the heart of this business and I am deeply hopeful and excited for our future.
What experiences have helped prepare you for this new opportunity?
I’ve had a very rich and diverse career history at IBM that has lasted 25+ years. I started out in sales but landed explored opportunities at IBM in different roles, business units, geographies, and functions. Marketing and business are my passions and I landed on Marketing because it allowed me to utilize both my left and right brain, bringing together art and science. In college, I was no tonly a business major, but an art major. I love marketing because I can leverage my extensive knowledge of business, while also being able to think openly and creatively.
The opportunities I was given during my time at IBM and my natural curiosity have led me to the path I’m on now and there’s no better next career step than a once-in-a-lifetime-opportunity to help launch a company. The core of my role at Kyndryl is to create a culture centered on our people and growing up in my career at IBM has allowed me to see first-hand how to prioritize people and ensure they are at the heart of progress in everything Kyndryl will do.
How would you describe your leadership style?
I believe that people aren't your greatest assets, they are your only assets. My platform and background for leadership has always been grounded in authenticity to who I am and centered on diversity and inclusion. I immigrated to the US from Chile when I was 10 years old and so I know the power and beauty that comes from leaning into what makes you different from other people, and that's what I want every person in my marketing organization to feel – the value in bringing their most authentic self to work every day. The way our employees feel when they show up for themselves authentically is how they will also show up for our customers, and strong relationships drive growth.
I think this is especially true in light of a world forever changed by the pandemic. Living through such an unprecedented time has reinforced that we are all humans. We can't lead or care for one another without empathy and I think leaders everywhere have been reminded of this.
What’s the best leadership advice you’ve received?
When I was growing up as an immigrant in North Carolina, I often wanted to be just like everyone else. But my mother always told me: Be unique, be memorable – you have an authentic view and experience of the world that no one else will ever have, so don't try to be anyone else but you.
What does success look like to you?
I think the concept of success is multi-faceted. From a career perspective, being in a job where you're respected and appreciated, and where you can see how your contributions are providing value by motivating your teams to be better – that's success! From a personal perspective, there is no greater accomplishment than investing in the next generation. I love mentoring younger professionals – they are the future. I want my legacy as a leader to include providing value in work culture, but also in leaving a personal impact on the lives of professionals who will carry the workforce forward. Finding a position in life with a job and company that offers me a chance at all of that is what success looks like to me.
What advice would you give to your younger self just starting out in the industry?
I've always been a naturally curious person and it's easy for me to over-commit to projects that pique my interest. I've learned over years of practice how to manage that, so to my younger self I’d say… prioritize the things that are most important, and then become amazing at those things.