Big numbers of big Canadian Corps
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Monday, 21 July 2008 |
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Corpobligation: Big companies getting better but there is still room to improve. Reaching for Benchmarks is crucial
THE SKINNY
Highlights from the S&P/TSX 60 companies in the 2008 ranking
(numbers refer to 2007 year unless specified)
$9.8 billion ➜ the corporate tax gap
$4.9 billion ➜ tax gap decrease from previous year
$99.4 billion ➜ corporate income before taxes
$3.7 billion ➜ corporate income increase from previous year
$5.8 billion ➜ the pension gap
$36 billion ➜ pension gap decrease from previous year
1.37 million ➜ number of employees
$81 billion ➜ total profits
$7.9 million ➜ average CEO compensation
2.39 percent ➜ profits consumed by total compensation of top
three paid execs from each firm
34 ➜ number of companies with SD-related board committees
10 ➜ companies with no female board members
52 ➜ companies with no visible minority board members
0 ➜ female CEOs |
Corporate Knights produces a wide ranging series of reports on
Corporate Citizenship and other environmental and social issues of the
day. They collected some interesting numbers in the process of creating
their Best 50 Corporate Citizens of Canada report [pdf].
There seem to still be some challenges in the leadership and board composition of these companies with 0 female CEOs and only 8/60 companies including a visible minority on their boards.
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