| Montreal, March 28, 2008 – Transcontinental
is pleased to announce it remains a constituent on the Jantzi
Social Index® (JSI®), a socially screened, market
capitalization-weighted common stock index modeled on the
S&P/TSX 60. The JSI® consists of 60 Canadian companies
that pass a set of broadly-based environmental, social, and
governance rating criteria which include community involvement,
employee relations and the environment. Transcontinental has
held its position on the Jantzi Social Index® since March
2004.
“Transcontinental is pleased to continue to be recognized
by the Jantzi Social Index®,” said François
Olivier, President and Chief Executive Officer, Transcontinental.
“We have been diligent about continuously improving
how we operate as a company, because we know that over the
long term, this will deliver the most value to our employees,
our customers, and our shareholders.”
Recent steps the company has taken to support this objective
include the introduction of a Paper Purchasing Policy in October
2007. This policy promotes the use of environmentally preferable
papers through a classification process that allows clients
to make an informed choice regarding the paper they choose
for their printing and publishing needs.
As noted by Markets Initiative, a Canadian-based organization
that works to encourage ecologically sustainable paper paper
products, Transcontinental was the ‘first major North-American
print media conglomerate to take such a comprehensive step
towards safeguarding our forests and our climate.’
Transcontinental recently published its first Initiatives
2007 environmental brochure, which highlights the Paper
Purchasing Policy, as well as steps employees have taken towards
building a greener working environment.
To see the complete brochure, please visit http://www.transcontinental.com/initiatives2007_en.html.
For more information on Transcontinental’s corporate
citizenship and corporate governance, please go to www.transcontinental.com
and visit the “Who We Are” section.
About Transcontinental
The largest printer in Canada and sixth-largest
in North America, Transcontinental is also the country’s
leading publisher of consumer magazines and French-language
educational resources, and its second-largest community newspaper
publisher. Transcontinental distinguishes itself by creating
strategic partnerships that integrate the company into its
customers’ value chain, notably through its unique newspaper
printing outsourcing model and its value-added services. From
mass to highly personalized marketing, the Corporation offers
its clients integrated solutions which include a continent-leading
direct marketing offering, a diverse digital platform and
a door-to-door advertising material distribution network.
Transcontinental is a company whose values, including respect,
innovation and integrity, are central to its operation.
Transcontinental (TSX: TCL.A, TCL.B) has close to 15,000
employees in Canada, the United States and Mexico, and reported
revenues of C$2.3 billion in 2007.
About Jantzi Research Inc.
Jantzi Research Inc. is Canada's leading provider
of environmental, social and governance (ESG) research to
institutions that integrate social and environmental criteria
into their investment decisions. In January 2000 it launched
the Jantzi Social Index® (JSI®), a socially screened,
market capitalization-weighted common stock index modeled
on the S&P/TSX 60. With partners Dow Jones Indexes and
State Street Global Advisors, the JSI is gaining exposure
in the mainstream investment community as it generates the
first definitive data in Canada regarding the effects of integrating
ESG parameters into the investment decision-making process.
Locally and internationally investment managers are following
the JSI as their ESG benchmark for the Canadian market.
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For information:
Media
Nessa Prendergast
Director, Media Relations
Transcontinental Inc.
Telephone: (514) 954 2809
nessa.prendergast@transcontinental.ca
Financial Community
Jennifer F. McCaughey
Director, Investor Relations
Transcontinental Inc.
Telephone: (514) 954 2821
jennifer.mccaughey@transcontinental.ca |
