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Export Development CanadaCanada
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This profile is actively maintainedCreated before Nov 2016
Last update: 2022-05-02 00:00:00
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EDC headquarters in Ottawa. Photo: Google Earth/StreetviewAbout Export Development Canada
Export Development Canada (EDC; French: Exportation et Développement Canada) is Canada's export credit agency. Its task is to support and develop Canada's export trade by helping Canadian companies. It is a self-financing, (Crown owned, in right of Canada) corporation that operates at arm's length from the government. It provides insurance and financial services, and bonding products to Canadian exporters and investors and their international buyers. It also supports Canadian direct investment abroad and investments in Canada. EDC signed the Equator Principles in 2007.
| Website | http://www.edc.ca |
| Headquarters |
150 Slater Street
ON K1A 1K3 Ottawa
Canada
|
| CEO/chair |
Mairead Lavery President & CEO |
| Supervisor | |
| Annual report | Annual report 2020 |
| Ownership |
Export Development Canada is fully owned by the government of Canada. |
| Complaints and grievances |
Export Development Canada operates a Compliance and Ethics Officer who receives and reviewes complaints from stakeholders. |
Related Dodgy Deals
Export Development Canada has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Dodgy Deals map
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On record profiles
Policy Assessments
Tracking the Equator Principles
EPFIs reporting status
BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Export Development Canada (EDC)
2022-08-18
CAN
2021
4
4
100
1.01000000005E+38
0
Explanation
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
For more details see this page.
Banks and Nature
Forest & Finance Policy Assessment 2022: Overall scores
BankLast update
Country
Score
Ranking
Details
Export Development Canada (EDC)
2022-09-21
CAN
3
Follower
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Explanation
A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Forest & Finance Policy Assessment 2022: Beef
BankLast update
Country
Score
Ranking
Details
Export Development Canada (EDC)
2022-09-21
CAN
0
Laggard
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Explanation
A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Forest & Finance Policy Assessment 2022: Palm Oil
BankLast update
Country
Score
Ranking
Details
Export Development Canada (EDC)
2022-09-21
CAN
0
Laggard
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Function: require_once
Explanation
A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
News
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Documents
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Policies
Voluntary standards
Export Development Canada has committed itself to the following voluntary standards:- Convention on Combating Bribery of Foreign Public Officials in International Business Transactions
- Equator Principles
- Extractive Industries Transparency Initiative
- Global Reporting Initiative
- Global Reporting Initiative- G3 Reporting Framework
- OECD Guidelines for Multinational Enterprises
- UN Guiding Principles on Business and Human Rights
- UNEP Finance Initiative
- Voluntary Principles on Security and Human Rights
Investment policies
Export Development Canada'swebpage on corporate social responsibility can be accessed here.
Year:
Equator Principles
Implementation and reporting
Export Development Canada is reporting on the implementation here.
Contact and complaints
Equator Principles Dodgy Deals
Good moves
Year: