Canada's Most Responsible Companies 2025

Consumers care about sustainability—in fact, 80 percent of consumers say they're willing to pay more for sustainably produced products, even in the face of global inflation, according to a 2024 PWC survey. They also want to feel confident that the businesses they engage with are ethically run, treat employees fairly and leave an overall positive impact on society. Companies worldwide have responded by advertising socially responsible practices, but it can be difficult to discern which are making real strides when it comes to their global impact.

With this in mind, Newsweek and Statista are partnering to recognize Canada's Most Responsible Companies 2025. In its first year, this list recognizes 150 companies across 13 industries for their commitment to the climate, social welfare and responsible governance.

Selected from Canada's 700 largest private and public companies, each one received a score out of 100 based on data from over 30 key performance indicators and a corporate social responsibility reputation survey of over 4,000 Canadian consumers. Firms from across the country are represented, including recognizable names like Scotiabank and Thomson Reuters. This year, the top spot, which went to Stantec, received a standout overall score of 94.04.

We hope this list helps you find companies you can feel good about doing business with.

Rank	Industry Rank	Company	HQ City	HQ Province	Industry	Overall Score	Environmental Concerns Score	Social Concerns Score	Corporate Governance Concerns Score
1	1	Stantec	Edmonton	Alberta	Professional Services	94.04	86.92	95.20	100.00
2	1	Scotiabank	Toronto	Ontario	Financial	90.95	83.19	93.78	95.87
3	1	Telus	Vancouver	British Columbia	Media & Telecommunication	88.31	88.61	84.29	92.02
4	2	CIBC	Toronto	Ontario	Financial	87.22	77.15	100.00	84.51
5	1	Canada Post	Ottawa	Ontario	Transport & Logistics	86.75	81.87	84.59	93.80
6	3	Manulife	Toronto	Ontario	Financial	84.10	77.56	79.32	95.40
7	1	Canadian Solar	Guelph	Ontario	Technology	83.14	66.47	85.15	97.79
8	1	Agnico Eagle Mines	Toronto	Ontario	Mining & Natural Resources	81.86	57.63	95.07	92.89
9	2	Celestica	Toronto	Ontario	Technology	80.34	89.85	61.96	89.21
10	2	Lundin Gold	Vancouver	British Columbia	Mining & Natural Resources	79.75	78.18	74.91	86.16
11	2	CGI	Montreal	Quebec	Professional Services	79.25	86.33	65.32	86.10
12	4	PrairieSky Royalty	Calgary	Alberta	Financial	79.13	71.59	78.61	87.19
13	2	BCE	Verdun	Quebec	Media & Telecommunication	78.82	81.52	70.55	84.40
14	1	Gildan Activewear	Montreal	Quebec	Retail & Consumer Goods	78.67	81.66	74.36	80.00
15	1	Choice Properties	Toronto	Ontario	Real Estate & Housing	78.37	80.53	72.30	82.27
16	1	Innergex Renewable Energy	Longueuil	Quebec	Energy & Utilities	78.03	78.21	77.43	78.46
17	2	Canadian Apartment Properties	Toronto	Ontario	Real Estate & Housing	77.97	59.13	79.51	95.26
18	1	West Fraser	Vancouver	British Columbia	Materials & Chemicals	76.96	68.86	67.11	94.91
19	5	Wheaton Precious	Vancouver	British Columbia	Financial	76.10	71.04	64.94	92.32
20	1	NFI Group	Winnipeg	Manitoba	Automotive & Components	75.93	91.86	82.08	53.85
21	1	Desire2Learn	Kitchener	Ontario	Software	75.78	75.80	75.13	76.40
22	2	Hydro One	Toronto	Ontario	Energy & Utilities	75.63	68.14	78.86	79.89
23	1	Finning International	Vancouver	British Columbia	Capital Goods	75.29	74.04	71.92	79.90
24	2	Nutrien	Saskatoon	Saskatchewan	Materials & Chemicals	75.19	56.87	71.41	97.31
25	6	Power Corporation of Canada	Montreal	Quebec	Financial	75.08	90.74	56.39	78.10
26	3	Stella-Jones	Montreal	Quebec	Materials & Chemicals	74.59	76.19	61.03	86.54
27	2	Spin Master	Toronto	Ontario	Retail & Consumer Goods	74.25	77.43	68.41	76.92
28	7	Triple Flag	Toronto	Ontario	Financial	74.20	59.48	80.89	82.23
29	8	Sun Life	Toronto	Ontario	Financial	74.17	73.44	62.30	86.78
30	2	CN	Montreal	Quebec	Transport & Logistics	74.03	69.07	67.47	85.55
31	3	Pembina Pipeline	Calgary	Alberta	Energy & Utilities	73.48	77.10	69.71	73.63
32	4	Enbridge	Calgary	Alberta	Energy & Utilities	73.10	63.99	84.17	71.28
33	3	Loblaw Companies	Brampton	Ontario	Retail & Consumer Goods	72.72	56.89	80.66	81.74
34	4	CCL Industries	Toronto	Ontario	Materials & Chemicals	72.70	88.94	47.36	81.86
35	5	TC Energy	Calgary	Alberta	Energy & Utilities	72.67	40.25	86.25	91.59
36	2	Westport Fuel Systems	Vancouver	British Columbia	Automotive & Components	72.41	68.93	59.50	89.57
37	6	Northland Power	Toronto	Ontario	Energy & Utilities	72.25	59.40	75.79	82.72
38	2	Kinaxis	Ottawa	Ontario	Software	72.23	67.71	63.75	85.78
39	9	Intact Financial	Toronto	Ontario	Financial	72.09	69.28	55.94	91.54
40	7	Fortis	St. John's	Newfoundland and Labrador	Energy & Utilities	71.95	61.82	77.99	76.89
41	10	EQB	Toronto	Ontario	Financial	71.88	70.26	74.92	71.09
42	3	Element Fleet Management	Toronto	Ontario	Professional Services	71.02	49.37	77.92	88.54
43	3	Dynacor Group	Montreal	Quebec	Mining & Natural Resources	71.01	84.02	64.28	67.33
44	11	RBC Royal Bank	Toronto	Ontario	Financial	70.94	68.63	53.83	90.61
45	3	OpenText	Waterloo	Ontario	Software	70.87	59.34	69.29	84.41
46	8	Frontera Energy	Calgary	Alberta	Energy & Utilities	70.69	59.91	75.66	77.25
47	3	Magna International	Aurora	Ontario	Automotive & Components	70.63	82.63	51.29	78.69
48	12	BMO	Toronto	Ontario	Financial	70.34	49.09	75.57	87.43
49	3	Dream Unlimited	Toronto	Ontario	Real Estate & Housing	70.04	76.12	54.87	80.90
50	4	Allied Properties	Toronto	Ontario	Real Estate & Housing	69.97	65.52	58.44	87.07
51	3	Ballard Power Systems	Burnaby	British Columbia	Technology	69.82	64.99	66.52	78.60
52	3	Rogers Comms	Toronto	Ontario	Media & Telecommunication	69.75	81.77	57.30	70.82
53	4	Blackline Safety	Calgary	Alberta	Technology	69.27	79.50	50.22	79.75
54	4	Jamieson Wellness	Toronto	Ontario	Retail & Consumer Goods	68.92	77.22	53.25	78.76
55	9	ATCO Electric	Calgary	Alberta	Energy & Utilities	68.89	62.63	65.84	79.33
56	4	Eldorado Gold	Vancouver	British Columbia	Mining & Natural Resources	68.89	60.42	63.13	83.21
57	13	Canadian Western Bank	Edmonton	Alberta	Financial	68.80	58.92	61.86	85.89
58	10	Vermilion Energy	Calgary	Alberta	Energy & Utilities	68.66	62.71	67.81	76.14
59	14	iA Financial Group	Québec	Quebec	Financial	68.52	61.80	62.19	82.42
60	5	First Capital	Toronto	Ontario	Real Estate & Housing	68.35	80.21	55.63	70.16
61	11	Canacol Energy	Calgary	Alberta	Energy & Utilities	68.31	57.65	73.32	74.59
62	6	Colliers	Toronto	Ontario	Real Estate & Housing	68.27	65.63	53.71	85.72
63	5	Ivanhoe Mines	Vancouver	British Columbia	Mining & Natural Resources	68.23	63.61	79.86	61.45
64	12	Boralex	Québec	Quebec	Energy & Utilities	68.19	64.84	56.13	83.82
65	6	Fortuna Silver Mines	Vancouver	British Columbia	Mining & Natural Resources	68.04	52.70	67.68	84.32
66	5	Dollarama	Mount Royal	Quebec	Retail & Consumer Goods	67.97	60.67	68.05	75.85
67	15	Fonds de solidarité FTQ	Montreal	Quebec	Financial	67.95	92.19	59.23	52.71
68	4	Thomson Reuters	Toronto	Ontario	Professional Services	67.92	51.16	70.37	82.38
69	7	Iamgold	Toronto	Ontario	Mining & Natural Resources	67.68	53.39	66.13	84.32
70	8	Wesdome	Toronto	Ontario	Mining & Natural Resources	67.32	61.06	58.13	84.57
71	5	Bausch + Lomb	Laval	Quebec	Technology	67.23	75.49	58.23	69.34
72	7	Killam Apartment	Halifax	Nova Scotia	Real Estate & Housing	67.19	45.60	66.24	90.11
73	4	Docebo	Toronto	Ontario	Software	67.08	57.88	65.01	78.81
74	9	Ero Copper	Vancouver	British Columbia	Mining & Natural Resources	66.98	52.40	61.73	87.44
75	16	Laurentian Bank of Canada	Montreal	Quebec	Financial	66.96	68.04	54.33	78.88
76	17	Osisko	Montreal	Quebec	Financial	66.61	71.49	43.29	86.16
77	5	Neo	Toronto	Ontario	Materials & Chemicals	66.60	76.31	50.26	74.31
78	13	International Petroleum	Vancouver	British Columbia	Energy & Utilities	66.44	55.93	68.12	75.80
79	3	Toronto Pearson	Toronto	Ontario	Transport & Logistics	66.33	52.08	61.35	86.37
80	10	Lucara Diamond	Vancouver	British Columbia	Mining & Natural Resources	66.21	38.03	78.73	82.57
81	14	Parkland	Calgary	Alberta	Energy & Utilities	66.20	57.43	51.79	89.76
82	18	Desjardins Group	Levis	Quebec	Financial	66.11	48.71	77.76	72.17
83	11	Calibre Mining	Vancouver	British Columbia	Mining & Natural Resources	66.09	53.66	78.36	66.59
84	12	Largo	Toronto	Ontario	Mining & Natural Resources	65.91	48.24	71.54	78.54
85	6	lululemon athletica	Vancouver	British Columbia	Retail & Consumer Goods	65.77	53.43	69.53	75.33
86	15	Emera	Halifax	Nova Scotia	Energy & Utilities	65.63	33.57	73.74	90.42
87	19	Great-West Lifeco	Winnipeg	Manitoba	Financial	65.44	100.00	46.33	50.99
88	8	Dream Industrial	Toronto	Ontario	Real Estate & Housing	65.33	76.15	50.43	70.30
89	20	National Bank of Canada	Montreal	Quebec	Financial	64.94	49.61	61.34	85.38
90	16	Capital Power	Edmonton	Alberta	Energy & Utilities	64.91	41.61	63.91	90.48
91	13	MAG Silver	Vancouver	British Columbia	Mining & Natural Resources	64.80	59.38	55.51	79.94
92	17	Superior Plus	Toronto	Ontario	Energy & Utilities	64.68	55.02	59.06	80.63
93	9	Granite	Toronto	Ontario	Real Estate & Housing	64.64	62.94	46.42	85.03
94	18	Algonquin	Oakville	Ontario	Energy & Utilities	64.56	49.11	67.87	77.07
95	14	Cameco	Saskatoon	Saskatchewan	Mining & Natural Resources	64.44	49.75	60.29	83.87
96	15	K92 Mining	Vancouver	British Columbia	Mining & Natural Resources	64.38	52.37	67.69	73.63
97	21	TMX Group	Toronto	Ontario	Financial	64.37	48.56	68.63	76.12
98	4	Bombardier Recreational Products	Valcourt	Quebec	Automotive & Components	64.34	59.83	50.47	82.83
99	7	High Liner Foods	Lunenburg	Nova Scotia	Retail & Consumer Goods	64.18	74.73	50.87	67.51
100	19	Hydro-Québec	Montreal	Quebec	Energy & Utilities	63.98	51.78	69.01	72.24
101	16	First Quantum Minerals	Vancouver	British Columbia	Mining & Natural Resources	63.98	58.16	64.65	69.72
102	20	Ontario Power Generation	Toronto	Ontario	Energy & Utilities	63.83	31.99	83.88	76.07
103	6	Interfor	Burnaby	British Columbia	Materials & Chemicals	63.79	68.83	60.42	62.67
104	10	Boardwalk	Calgary	Alberta	Real Estate & Housing	63.58	50.44	66.09	74.95
105	17	B2Gold	Vancouver	British Columbia	Mining & Natural Resources	63.56	43.82	65.55	82.00
106	4	Chorus Aviation	Dartmouth	Nova Scotia	Transport & Logistics	63.46	62.36	66.64	61.75
107	7	TC Transcontinental	Montreal	Quebec	Materials & Chemicals	63.44	65.05	64.45	61.19
108	8	Methanex	Vancouver	British Columbia	Materials & Chemicals	63.33	50.19	68.99	71.21
109	21	TransAlta	Calgary	Alberta	Energy & Utilities	63.28	44.46	65.44	80.42
110	5	Lightspeed	Montreal	Quebec	Software	63.18	59.25	56.07	74.66
111	4	Cogeco	Montreal	Quebec	Media & Telecommunication	63.00	59.91	68.76	61.17
112	22	Alextra	Mississauga	Ontario	Energy & Utilities	62.96	67.15	74.58	47.79
113	8	Premium Brands	Richmond	British Columbia	Retail & Consumer Goods	62.94	74.68	45.94	68.38
114	22	Brookfield	Toronto	Ontario	Financial	62.83	67.14	50.58	71.17
115	11	Morguard	Mississauga	Ontario	Real Estate & Housing	62.61	61.42	63.93	63.46
116	6	Softchoice	Toronto	Ontario	Software	62.40	68.22	50.06	70.21
117	5	Corus	Toronto	Ontario	Media & Telecommunication	62.32	54.41	52.24	81.19
118	2	ATS	Cambridge	Ontario	Capital Goods	62.25	60.99	56.27	69.94
119	18	Hudbay	Toronto	Ontario	Mining & Natural Resources	62.14	45.28	52.01	89.68
120	23	Sandstorm Gold Royalties	Vancouver	British Columbia	Financial	62.07	44.84	58.77	83.15
121	19	Centerra Gold	Toronto	Ontario	Mining & Natural Resources	61.40	36.38	68.27	81.78
122	5	CPKC	Calgary	Alberta	Transport & Logistics	61.20	61.04	61.15	64.04
123	23	BC Hydro	Vancouver	British Columbia	Energy & Utilities	61.13	42.52	78.49	64.94
124	6	Air Canada	Montreal	Quebec	Transport & Logistics	61.07	54.97	48.33	80.91
125	24	IGM Financial	Winnipeg	Manitoba	Financial	60.85	61.78	51.15	70.69
126	5	Martinrea International	Vaughan	Ontario	Automotive & Components	60.59	75.55	52.81	55.02
127	12	Plaza Retail	Fredericton	New Brunswick	Real Estate & Housing	60.45	65.07	50.91	67.23
128	20	Pan American Silver	Vancouver	British Columbia	Mining & Natural Resources	60.40	34.58	67.54	80.42
129	13	RioCan	Toronto	Ontario	Real Estate & Housing	60.16	74.33	54.14	53.30
130	9	5N Plus	Montreal	Quebec	Materials & Chemicals	60.16	68.67	43.47	69.20
131	24	ENMAX	Calgary	Alberta	Energy & Utilities	60.10	43.26	65.41	72.52
132	25	Pieridae Energy	Calgary	Alberta	Energy & Utilities	60.04	42.97	55.82	81.69
133	21	Franco-Nevada	Toronto	Ontario	Mining & Natural Resources	59.86	31.52	65.40	83.55
134	3	Wajax	Mississauga	Ontario	Capital Goods	59.84	62.25	57.55	60.51
135	25	Definity Financial	Waterloo	Ontario	Financial	59.75	49.53	58.29	72.29
136	5	BGIS	Markham	Ontario	Professional Services	59.46	75.36	41.82	62.39
137	22	Endeavour Silver	Vancouver	British Columbia	Mining & Natural Resources	59.45	44.18	69.43	65.91
138	14	Dream Office	Toronto	Ontario	Real Estate & Housing	59.41	59.36	40.08	79.80
139	23	First Majestic Silver	Vancouver	British Columbia	Mining & Natural Resources	59.11	58.02	56.05	64.33
140	24	Orla Mining	Vancouver	British Columbia	Mining & Natural Resources	58.98	47.89	57.36	73.09
141	15	Northwest	Toronto	Ontario	Real Estate & Housing	58.92	68.89	45.31	64.04
142	16	Tricon Residential	Toronto	Ontario	Real Estate & Housing	58.82	49.97	58.64	68.71
143	25	Silvercorp Metals	Vancouver	British Columbia	Mining & Natural Resources	58.81	46.07	56.03	74.85
144	26	Lucero Energy	Calgary	Alberta	Energy & Utilities	58.78	44.33	68.75	63.69
145	26	Dundee Precious Metals	Toronto	Ontario	Mining & Natural Resources	58.76	46.77	66.24	63.45
146	7	Purolator	Mississauga	Ontario	Transport & Logistics	58.72	62.62	57.34	56.47
147	26	Co-operators	Guelph	Ontario	Financial	58.70	65.99	57.30	53.07
148	10	Cascades	Saint-Bruno-de-Montarville	Quebec	Materials & Chemicals	58.67	62.48	48.32	65.48
149	6	Alithya	Montreal	Quebec	Professional Services	58.28	59.16	55.11	61.90
150	27	FortisBC	Surrey	British Columbia	Energy & Utilities	58.26	46.39	61.15	68.57

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METHODOLOGY

The methodology for determining "Canada's Most Responsible Companies 2025" was developed collaboratively by Newsweek and Statista. This ranking takes a comprehensive approach to corporate responsibility, evaluating companies based on three core pillars: Environment, Social, and Corporate Governance (ESG). The process integrates data from Corporate Social Responsibility (CSR) reports, other publicly available sources, and subjective evaluations from Canadian citizens, resulting in a final list of 150 companies recognized for their commitment to responsible business practices.

Overview of the Ranking Metrics
The ranking is grounded in two primary metrics:

1. Quantitative Data from Key Performance Indicators (KPIs): Over 30 KPIs across the three ESG pillars were assessed. These KPIs were derived from the companies' publicly available CSR/ESG reports and other reliable data sources.

2. CSR Reputation Survey: This involved an extensive survey of approximately 4,000 Canadian residents. Participants evaluated companies based on their general perception of CSR, including environmental protection, social responsibility, and governance practices.

Four-Step Analysis Process
The ranking process is structured into four steps:

1. Candidate Pool Identification: A longlist of relevant companies was created, focusing on the largest 700 private and public Canadian companies. Additional companies noted for their CSR efforts were also considered. The key criterion was the publication of a CSR or Sustainability Report for 2022 or 2023, with a cutoff date for reports set at June 30, 2024. Companies primarily involved in defense or those entangled in major CSR-related scandals were excluded.

2. Research of CSR/ESG Reports: Companies that passed the initial screening were further analyzed based on their CSR/ESG reports. Only quantitative data was used, and companies that did not report on specific KPIs received a score of zero, regardless of the relevance of those KPIs to their industry.

3.1 Detailed Analysis of KPIs: The analysis of KPIs covered three key ESG pillars:

Environment: Metrics included carbon emissions intensity, transparency in emissions reporting, energy use, waste management, and water usage.

Social: This pillar focused on diversity (e.g., share of women and minorities in leadership), employment practices, work safety, and equality (e.g., gender pay gap).

Governance: Key aspects included board composition, alignment with international frameworks (e.g., GRI, SASB), ethical behavior (e.g., anti-corruption policies, human rights), and the assurance of CSR reports by independent bodies.

3.2 CSR Reputation Survey:Conducted from July 25 to August 15, 2024, this survey assessed public perception of companies' CSR efforts. Participants evaluated familiar companies on general CSR performance, environmental stewardship, social responsibility, and governance.

4. Scoring: The final score for each company was derived from the combined results of the KPI research and the CSR reputation survey. The KPI performance was weighted at 70%, while the survey results contributed 30% to the final score. Each ESG pillar contributed one-third to the overall score, with a maximum possible score of 100 per pillar.

Final Ranking
The top 150 companies with the highest overall scores were designated as "Canada's Most Responsible Companies." These companies were further categorized into 13 industries: Automotive & Components, Capital Goods, Energy & Utilities, Financial, Materials & Chemicals, Media & Telecommunication, Mining & Natural Resources, Professional Services, Real Estate & Housing, Retail & Consumer Goods, Software, Technology, Transport & Logistics.

Disclaimer
The selection of the companies and the definition of the evaluation criteria were carried out according to independent journalistic criteria of Newsweek and Statista. The evaluation was carried out by the statistics and market research company Statista. Newsweek and Statista make no claim to the completeness of the companies examined.

The ranking is composed exclusively of Canadian companies that are eligible regarding the criteria described here. A position in the ranking is a positive recognition based on research of publicly available data sources at the time and an extensive survey of Canadian residents. The ranking is the result of an elaborate process which, due to the interval of data-collection and analysis, is a reflection of official CSR data from 2022 or 2023. Furthermore, events following August 30, 2024, were not a subject of this survey. As such, the results of this ranking should not be used as the sole source of information for future deliberations. The information provided in this ranking should be considered in conjunction with other available information.

The quality of companies that are not included in the ranking is not disputed.

Download the full methodology here.