Corus sets new ESG benchmarks

The broadcaster's first report also includes current progress towards diversity and cutting emissions.

Corus Entertainment has published new data on its environmental sustainability and diversity work as part of its inaugural Sustainability Report.

The 56-page report offers a wide-ranging snapshot of Corus Entertainment’s Environmental, Social and Governance (ESG) strategy, including workplace inclusivity and work to reduce carbon emissions.

A portion of the report outlines the level of diversity within the broadcaster’s board of directors, leadership team and overall employees, based on a voluntary self-identification form.

The data shows that 42% of Corus’ board of directors identify as women, while 17% identify as a “visible minority.” Within its executive leadership team, those figures come to 33% and 11%, respectively.

In terms of its overall employee base, Corus reports that 48% of employees who participated in the survey identified as women and 21% identified as a member of an underrepresented community.

The employee data was further broken down by demographics. Roughly 2.7% of employees identify as Black, with just over 2% holding a title at the director level or above within the company; 4.5% identify as East Asian (4.1% as director or above); 3.8% as South Asian or Central Asian (also 3.8% for director or above); 3.3% for South East Asian (2.4% director or above).

Corus reported that roughly 1% identify as Indigenous or Latino, and less than 1% identify as Western Asian or Middle Eastern. There was zero representation from these groups for employees working at the director level or above.

Approximately 5.5% identify as a member of the 2SLGBTQ+ community, with 2.8% at the director level or above, while 3.6% identify as a person with a disability, coming to 2.4% at the director level or above.

This initial benchmark data and continued information collection will be used to “identify and monitor trends and design policies, practices and programs to continuously improve the diversity, equity and inclusion” at Corus, according to the report.

Other benchmarks include data points on Corus’ environmental sustainability work, reporting a 72% waste capture rate at its Toronto headquarters and 578,451 litres of water saved. The broadcaster also reported estimated greenhouse gas emissions of just under 14,000 metric tonnes from its offices and studios during fiscal 2022, with the majority of the data collected through invoices and utility bills.

Corus implemented its ESG oversight and governance structure over the fiscal year, according to the report, led by Sheila Ritson-Bennett, head of environment, sustainability and governance. Among its results are ESG education sessions with the board and the executive leadership team, and the establishment of an ethics and conduct office for employees to report concerns, openly or anonymously.

Goals set for fiscal 2023 include further carbon emissions measurement for its decarbonization plan, the development of a sustainable production guideline, and new partnerships in their work to transition to low-carbon operations.

Tags: