Celestica Named One of Canada’s Best 50 Corporate Citizens 2022 by Corporate Knights

Rhea-AI Summary

Celestica (NYSE, TSX: CLS) has been recognized as one of Canada's best corporate citizens in 2022 by Corporate Knights, highlighting its commitment to sustainability and responsible business practices. The company's sustainability initiatives are aligned with the United Nations’ Sustainable Development Goals and have received approval from the Science Based Targets initiative for greenhouse gas emissions reduction. Out of 332 companies evaluated, Celestica's inclusion in the top 50 illustrates its leadership in environmental, social, and governance (ESG) performance.

Positive

• Recognized as one of Canada's best corporate citizens by Corporate Knights.
• Aligned sustainability program with UN Sustainable Development Goals.
• Approved greenhouse gas emissions reduction goals by the Science Based Targets initiative.

Negative

• None.

TORONTO, June 29, 2022 (GLOBE NEWSWIRE) -- Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing, and supply chain solutions for the world’s most innovative companies, today announced that it has been included among Canada’s best corporate citizens in 2022 by Corporate Knights, an organization dedicated to encouraging responsible business practices.

“Every day we hold ourselves accountable to building a sustainable future for the next generation,” said Robert Ellis, Senior Vice President, Sustainability and Chief Legal Officer. “We are proud to be recognized by Corporate Knights for our ambitious environmental, social and governance (ESG) goals, and with the help of our 24,000 employees around the world, we are committed to achieving an even more sustainable and equitable future for each other and in the communities where we live and work.”

Celestica’s sustainability program maps to the United Nations’ Sustainable Development Goals (SDGs), a shared blueprint for peace and prosperity for people and the planet. The company has also received approval from the Science Based Targets initiative (SBTi) for its greenhouse gas emissions reduction goals which are aligned with the Paris Agreement, which sets the global framework to limit global warming. Additionally, Celestica is a long-standing member of the Responsible Business Alliance, the world’s largest industry coalition dedicated to corporate social responsibility in global supply chains.

Corporate Knights’ Best 50 Corporate Citizens ranks sustainability leaders in Canada. The best 50 are selected from among 332 Canadian companies with revenue over $1 billion. Companies are evaluated based on a set of 24 quantitative key performance indicators in the areas of environmental, social, and governance (ESG).

For full ranking information, including methodology details, visit www.corporateknights.com

For more information on sustainability at Celestica, please visit our website. www.celestica.com

About Celestica
Celestica enables the world's best brands. Through our recognized customer-centric approach, we partner with leading companies in aerospace and defense, communications, enterprise, healthtech, industrial and capital equipment to deliver solutions for their most complex challenges. As a leader in design, manufacturing, hardware platform and supply chain solutions, Celestica brings global expertise and insight at every stage of product development - from the drawing board to full-scale production and after-market services. With talented teams across North America, Europe and Asia, we imagine, develop and deliver a better future with our customers.

For further information on Celestica, visit www.celestica.com. Our securities filings can be accessed at www.sedar.com and www.sec.gov.

About Corporate Knights
Corporate Knights Inc. is an independent media and research B Corp committed to advancing a sustainable economy that supports both people and the planet. Since 2002, Corporate Knights has published an award-winning quarterly magazine. It is distributed in The Globe and Mail, The Wall Street Journal and The Washington Post. With a circulation of 126K+, Corporate Knights magazine is the most prominent publication dedicated to advancing a sustainable economy. The Corporate Knights research division produces global corporate and fund rankings. Its flagship ranking is the Global 100 Most Sustainable Corporations in the World, released each year during the World Economic Forum. Learn more at www.corporateknights.com.

FAQ

Why was Celestica included in Corporate Knights’ Best 50 Corporate Citizens for 2022?

Celestica was recognized for its strong commitment to sustainability and performance in environmental, social, and governance (ESG) metrics.

What criteria did Corporate Knights use to evaluate Celestica?

Corporate Knights evaluated 332 Canadian companies based on 24 quantitative key performance indicators related to ESG performance.

What are Celestica's sustainability goals?

Celestica's sustainability goals include ambitious greenhouse gas emissions reductions aligned with the Paris Agreement.

How many companies were considered in the Corporate Knights ranking?

A total of 332 companies with revenue over $1 billion were evaluated in the ranking.

Who acknowledged Celestica's ESG initiatives?

Celestica's ESG initiatives were acknowledged by Corporate Knights, a recognized organization in sustainable business practices.