"EDC leading the way in the field of business and human rights," 1 May 2019

Export Development Canada (EDC) became the country’s first commercial banking institution to release a dedicated human rights policy built on the United Nations Guiding Principles on Business and Human Rights (UNGPs)... As Canada’s Export Credit Agency, EDC exists to help Canadian companies of all sizes succeed on the world stage. Human rights-related risks—as well as environmental, political and economic risks—can compromise their reputations, increase liability and affect their social license to operate. EDC, like other financial institutions providing support to companies, can be connected to these risks and, therefore, has a meaningful and critical role to play in identifying, preventing and addressing them... Mairead Lavery, President and CEO of EDC [said]... “Put simply, this new policy will help us do better which is incredibly important, not just for EDC, but for the sectors and companies we work with. It will provide clarity to our customers and partners around the world on where we stand as we work to help Canadian companies do business in some of the most challenging markets in the world.”