Cogeco Cable publishes its first Corporate Social Responsibility Report
PRESS RELEASE
For immediate release
Cogeco Cable publishes its first
Corporate Social Responsibility Report
Montréal, January 26, 2012 – At today’s annual general meeting of Cogeco Cable, Louis Audet,
President and CEO of COGECO Inc. and Cogeco Cable Inc., presented Cogeco Cable’s first
Corporate Social Responsibility (CSR) report. “In our 2011 Annual Report to shareholders, we
made a commitment to publish our first CSR Report in 2012 and to build it in accordance with
Global Reporting Initiative (GRI) guidelines, which are the benchmark in extra-financial reporting,”
stated Mr. Audet.
A growing number of companies in Canada and around the world report on their CSR
performance using the GRI guidelines, and measure their greenhouse gas (GHG) emissions. “In
so doing, we are taking part in this great movement and demonstrating our transparency as well
as an active commitment to these key issues,” added Mr. Audet.
Our performance
Like sustainability reporting, CSR reports cover an organization’s environmental, social and
economic performance. While not formally referring to their past initiatives and attitudes as
“CSR”, Cogeco Cable and its personnel have long demonstrated a respect for the environment
and the communities where the Corporation operates. Cogeco Cable's CSR Report details the
success achieved for several of these in itiatives.
The issues
Three core environmental issues are specifically relevant to Cogeco Cable operations: GHG
emissions, the production of primarily electronic waste, and the use of raw materials. From a
social standpoint, the 37 community TV stations operated by TVCogeco make the Corporation
keenly aware of the major role it plays in the social and economic development of the towns and
cities it serves. We contribute to these communities in many ways, namely through salaries and
employee benefits, stimulating jobs, donations, sponsorships and collaboration with numerous
local organizations. Lastly, while pursuing its economic development, Cogeco Cable adopts
methods to continuously improve its performance with respect to both the environment and its
communities.
Outlook
The qualitative and quantitative data contained in Cogeco Cable’s CSR Report on its current
impact will serve as the starting point for a process of continuous improvement to achieve an
appropriate balance among our financial, social and environmental objectives. We will also
publish our first report on our GHG emissions and carbon management as part of the Carbon
Disclosure Project, an independent international initiative encouraging transparency on climate
change issues. In 2012, the Corporation will optimize its environmental practices by enhancing its
recycling programs, reducing energy consumption for both its buildings and vehicle fleet, and
developing synergies with suppliers.
ABOUT COGECO CABLE
Cogeco Cable (www.cogeco.ca
) is a telecommunications corporation and is the second largest
hybrid fibre coaxial cable operator in Ontario, Québec and Portugal. Through its two-way
broadband cable networks, Cogeco Cable provides its residential customers with Audio,
Analogue and Digital Television, as well as HSI and Telephony services. Cogeco Cable also
provides, to its commercial customers, through its subsidiary Cogeco Data Services, data
networking, e-business applications, video conferencing, hosting services, Ethernet, private line,
VoIP, HSI access, data storage, data security, co-location services, managed IT services, cloud
services and other advanced communication solutions. Cogeco Cable’s subordinate voting
shares are listed on the Toronto Stock Exchange (TSX: CCA).
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Information: Nicole Tardif
Director, Corporate Communications
Cogeco Cable 514.476.4685
nicole.tardif@cogeco.com