If there’s one thing Cormier knows, it’s that he doesn’t have all the answers. That’s why the President and CEO of Desjardins spend so much of his time listening. But it’s who he listens to that makes him unique among business leaders: he listens to young people and pays special heed to the social issues that matter to them. And then he takes action.
“You can’t be on the sidelines, looking at the game without being on the ice right now,” he says. “With the pandemic, we have a moment right now where we can press the reset button for a more inclusive, diversified economy and society for not only the next few years but the next quarter-century. We must work together.”
Cormier believes Desjardins can be part of the solution—and he’s not just talking the talk. Under his leadership, Desjardins has committed to climate change action by keeping operations carbon neutral, focusing infrastructure investments on renewable energy, reducing the carbon footprint of investments, and setting a net-zero emissions target. The company has also undertaken equity, diversity, and inclusion initiatives, as evidenced by its commitments to the BlackNorth Initiative, participation on the Canadian Board Diversity Council (CBDC), and launch of the Empowering Women network.
The S in ESG
He’s also a firm believer in the value of ESG (environmental, social, and governance criteria). These standards are increasingly used by socially conscious investors to screen investments, and Cormier considers these values intrinsic to Desjardins’s co-operative model.
هذه القصة مأخوذة من طبعة November 2021 من The Walrus.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 2021 من The Walrus.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Invisible Lives
Without immigration status, Canada's undocumented youth stay in the shadows
My Guilty Pleasure
"The late nights are mine alone, and I'll spend them however I damn well please"
Vaclav Smil Is Fed Up
The acclaimed environmental scientist is criticizing climate activists, shunning media, and stepping back just when we need him most
It's Time for a Birth Control Revolution
What the pill teaches us about the failure - and future - of women's health care
Would You Watch a Play about Hydro Electricity?
How documentary theatre struck a chord in Quebec
Still Spinning
One record chain has bet big on a new appetite for physical media
Just So You Know, I Love My Mother
In many ways, multi-generational living makes sense. But that doesn't make it easy
Art of the Steal
Why are plundered African artifacts still in Western museums?
Canada in the Middle
What role can we play in easing the war in Gaza?
Canadian Multiculturalism: A Work in Progress
As we mark fifty years since the adoption of Canada’s federal multiculturalism policy, human rights advocate AMIRA ELGHAWABY celebrates its merits and reflects on the work that is yet to be done when it comes to inclusion, acceptance, and fighting systemic racism in our country.