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Agnico Eagle Doubles Down – Recognized with Two Awards for Corporate Reporting!

December 06, 2017

On December 6, 2017, Agnico Eagle had the honour of being recognized at Canada’s Awards of Excellence in Corporate Reporting and this year the Company took home not one but two awards – the Award of Excellence in Electronic Disclosure and a Silver Award for Outstanding Performance! 

The annual Awards of Excellence in Corporate Reporting is a national program that is sponsored by the Chartered Professional Accountants of Canada (CPA Canada) and showcases top financial reporting in Canada. This year there were 27 private and public sector organizations from across Canada that were selected as finalists.

In order to win the Award of Excellence for Electronic Disclosure a company must demonstrate best-in-class use of their website to communicate financial and governance information. Among the many criteria assessed are whether the site clearly states the company’s strategy and provides easy access to financial reports and data through clear navigation and page layouts. The company must also show effective use of social media in support of financial disclosure and quarterly reporting and in engaging with stakeholders. 

“Our corporate website “agnicoeagle.com” was relaunched in 2016 and it serves as the backbone of our global digital strategy and provides the base for all of our communications with our stakeholders”, said Sonja Galton, Agnico Eagle’s Specialist, Web and Communications. “Taking home the highly-coveted “CPA Award of Excellence for Electronic Disclosure” is a tremendous honour for our Company.”

All nominated companies are also judged based on their performance in four reporting categories – financial reporting, corporate governance reporting, electronic disclosure and sustainability reporting – with particular attention paid to whether the company has a clear strategy for each type of reporting and is able to demonstrate progress against key goals and whether they make use of a diverse set of approaches and materials to reach different audiences.

“Agnico Eagle’s mission is to build a high-quality, manageable business that generates superior long-term returns for our investors,” noted Brian Christie, Vice-President, Investor Relations. “Equally important is how we are doing it – whether through our presentations to prospective investors, the reports we produce or leveraging our website to the best effect. Receiving these awards makes it clear that our efforts to be transparent and run a world-class company are hitting the mark.”

The prestigious Awards of Excellence shines a spotlight on some of Canada’s best companies – those with the highest commitment to transparency and high-quality reporting when interacting with the investment and business communities. The judging process is conducted by three high-profile financial industry groups – CPA Canada, Canadian Investor Relations Institute and the Chartered Financial Analyst Society of Toronto.

From left to right: Dale Coffin, Corporate Director, Communications and Public Affairs and Sonja Galton, Specialist, Web and Communications accept the Silver Award for Outstanding Performance and Award of Excellence in Electronic Disclosure at Canada’s Awards of Excellence in Corporate Reporting in Toronto.