Business
Corporate Knights annual ranking for 2020 - The only company in its industry in the ranking, Transat is in the top 20 of Canada's best corporate citizens
Corporate Knights annual ranking for 2020 - The only company in its industry in the rankin...
About this update from Transat A.t. Inc.
[{"type":"text","content":"\n\n\n\nCorporate Knights annual ranking for 2020 - The only company in its industry in the ranking, Transat is in the top 20 of Canada's best corporate citizens\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, June 25, 2020\n\n\n\nMONTREAL, June 25, 2020 /CNW Telbec/ - Transat, one of the largest integrated tourism companies in the world and Canada's holiday travel leader, ranks 18th on the 2020 list of the Best 50 Corporate Citizens in Canada, established annually by Corporate Knights research firm. This ranking recognizes organizations with outstanding records in governance and in the management of human, natural and financial resources.\n\"We are very proud to be among the best corporate citizens in terms of sustainable development, especially since we are the only company in our industry to receive this honour,\" said Jean-Marc Eustache, President and Chief Executive Officer of Transat, adding: \"Even though the COVID-19 crisis is leading us to focus our energy mainly on resuming our commercial and air operations, we are not losing sight of our commitments to corporate responsibility. We are relentlessly pursuing our efforts of the past 13 years to become a North American leader in sustainable tourism.\" He concluded: \"I want to share this recognition with our employees and partners, who not only share our values, but also contribute significantly to this achievement.\"\nCorporate Knights evaluates companies' performance using up to 21 key indicators, including energy and water consumption, production of waste and atmospheric emissions, employee turnover, representation of women in executive management and on boards of directors, pension fund status, supply chain management and innovation.\nSince 2007, Transat has implemented various sustainable development initiatives based on four pillars: the environment, communities, operations and the workplace. Among other initiatives, the Company has a fuel management program for its aircraft fleet and is part of a consortium for the development of sustainable aviation fuel. In its ...