RCM Among Canada’s Best Corporate Citizens – Again

The Royal Canadian Mint (RCM) has once again been ranked among Corporate Knights’ Best 50 Corporate Citizens in Canada. The ranking is based on 24 quantitative key performance indicators relating to resource management, employee management, financial management, clean revenue, clean investment and supplier performance.

This is the seventh time the RCM has made the rankings. For the 2024 version of the award, it ranked sixth overall, placing first among metal products manufacturers and second in the Metals & Mining category.

The RCM’s inaugural Impact Report was published in May, accounting for its 2023 environmental, social and governance (ESG) performance by both reporting progress and achievements, as well as acknowledging areas for improvement.

It used the Impact Report to provide an update on its Task-force on Climate Related Financial Disclosures (TCFD) obligations. Included in the TCFD update is a mint-wide climate-related risk assessment that, says the RCM, will help it integrate and monitor climate change risks and opportunities in its enterprise risk management system.