Our Commitment to Corporate Social Responsibility
Welcome to Power Financial's website on Corporate Social Responsibility.
Created in 1984, Power Financial Corporation is a diversified international management and holding company that holds interests substantially in the financial services sector in Canada, the United States and Europe. Through Pargesa, it also has significant holdings in global industrial and services companies based in Europe. Power Financial is controlled by Power Corporation of Canada.
Corporate Social Responsibility is fundamental to the way we, and our group of companies, do business — what we refer to as responsible management. It has been at the core of our investment philosophy, enabling us to build a resilient and sustainable business, through our role as an investor, employer and contributor to the communities where we operate.
AS AN INVESTOR
Our belief in responsible management has long influenced our investment and management decisions. We invest in quality companies with sustainable franchises and attractive growth prospects that demonstrate they are managed in a responsible manner. We take a prudent approach to risk and incorporate the analysis of environmental, social and governance (ESG) factors into our investment process which leads us to invest in companies that have sustainable business models.
AS AN EMPLOYER
Responsible management defines the manner in which we recruit and develop our workforce. We provide our employees with challenging and rewarding careers, give them the resources to develop their expertise and leadership skills, and support their volunteer efforts within the communities where we operate.
AS A CONTRIBUTOR TO COMMUNITIES
An intrinsic tenet of our responsible management philosophy is to be good corporate citizens, to be environmentally conscious, to support our communities, and above all else, to behave ethically and act with integrity, enabling us to earn the confidence of all our stakeholders.