Report Outlines Foundational ESG Goals and
Progress
TORONTO, Dec. 9, 2022
/PRNewswire/ - Corus Entertainment Inc. (TSX: CJR.B) ("Corus" or
"the Company") announced today the release of its 2022
Sustainability Report, which outlines the Company's focused
approach to build a more sustainable future through Environmental,
Social and Governance (ESG) initiatives. Centred on Corus' three
key pillars – People, Planet and Responsibility – the inaugural
Sustainability Report outlines the progress made to-date as well as
a set of foundational goals that anchor Corus' ambition and
approach to sustainability.
"Corus, like all businesses, is part of a global movement to
tackle important environmental, social and governance challenges,"
said Doug Murphy, President and CEO,
Corus Entertainment. "Our
forward-focused approach to sustainability, guided by our People,
Planet and Responsibility goals, will help us find new ways to
build value and resiliency for our company over the longer
term."
The report outlines Corus' plans for the future and highlights
progress against existing sustainability initiatives, some of which
include:
People
- Advanced Diversity, Equity and Inclusion (DEI) initiatives
across the organization, including formalizing DEI-focused
training.
- Introduced an ESG key performance indicator linked to people
and culture objectives as part of the Company's performance
management and assessment approach for leaders.
- Welcomed three new Employee Resource Groups (ERGs), bringing
the total number of ERGs to seven.
- Assisted in raising over $33.6
million for local charities in communities across
Canada.
Planet
- Launched a carbon emissions measurement approach that explores
opportunities for a decarbonisation plan.
- Supported Corus Green, an
employee-led group that builds awareness within Corus about
environmental matters and promotes concrete action.
- Offered environmental sustainability sessions for
employees.
Responsibility
- Implemented an ESG oversight and governance structure.
- Appointed a Head of Environment and Sustainability, Governance
to provide expertise and dedicated oversight of Corus' ESG goals
and strategy.
- Established a cross-functional ESG Steering Committee to guide
the development and implementation of ESG goals.
- Established an Ethics and Conduct Office dedicated to
responding to concerns raised by employees, including anonymous
reports.
This Sustainability Report has been prepared in accordance with
the Sustainability Accounting Standards Board (SASB) Standards. In
addition, Corus has adopted a phased approach to implementing the
Task Force on Climate-Related Financial Disclosures (TCFD)
Recommendations.
To view and/or download the 2022 Corus Sustainability Report,
please visit corusent.com.
About Corus Entertainment
Corus Entertainment Inc.
(TSX: CJR.B) is a leading media and content company that develops
and delivers high quality brands and content across platforms for
audiences around the world. Engaging audiences since 1999,
the company's portfolio of multimedia
offerings encompass 33 specialty television
services, 39 radio stations, 15 conventional television stations, a
suite of digital and streaming assets, animation software,
technology and media services. Corus is
an internationally-renowned content creator and
distributor through Nelvana, a world
class animation studio expert in all formats and Corus
Studios, a globally recognized producer of hit scripted and
unscripted content. The company also owns innovative
full-service social digital agency so.da, lifestyle
entertainment company Kin Canada, leading 2D animation software
supplier Toon Boom and children's book publishing house, Kids
Can Press. Corus' roster of premium brands includes Global
Television, W Network, HGTV Canada, Food Network Canada, Magnolia
Network Canada, The HISTORY® Channel, Showcase, Adult Swim,
National Geographic, Disney Channel Canada, YTV, Global
News, Globalnews.ca, Q107, Country 105, and CFOX, along with
broadly distributed Canadian streaming platforms STACKTV,
TELETOON+, the Global TV App and Curiouscast. For more information
visit www.corusent.com.
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SOURCE Corus Entertainment Inc.