LBG CANADA FOR EXECUTIVES

Your community investment is significant. Is it defensible?

Without a clear standard and independent review, your community investment is subject to scrutiny—putting your reputation and credibility at risk when it matters most.

THE LANDSCAPE

Expectations around community investment are evolving.

For years, self-reported community investment figures were accepted at face value. That is no longer enough. Internal and external stakeholders alike are seeking greater clarity on where investment is being made, how it is being defined, and whether it is creating meaningful value. The motivations may differ, from budget justification to substantiating public claims, but the outcome is the same: scrutiny is increasing.

THE EFFECTS OF CANADA'S Bill C-59

Amendments to Canada’s Competition Act reflect a broader shift: organizations are facing higher expectations to substantiate what they report publicly. While Bill C-59 is focused on environmental claims, it reinforces a wider reality across ESG and community investment reporting. Adopting a recognized standard with independent verification gives organizations a more credible way to demonstrate that reported community investment reflects real value, not just reported spend.

  • Leaders need confidence in reporting.

    Community investment activity often happens across an organization, with teams tracking and interpreting it differently. Without a shared standard, leaders may lack the reliable information needed to make sound decisions and stand behind what is reported.


  • Leaders need to justify investment.

    In an increasingly challenging economic environment, leaders need to show that community investment programs generate real value for communities and supports the organization’s broader priorities.


  • Leaders need to protect credibility of commitments.

    Organizations are increasingly expected to show that community investment reflects action, not just stated intent. Leaders need claims that are grounded in evidence and credible under closer scrutiny.

THE COST OF UNCLEAR CRITERIA

Uncounted value is hidden in plain sight.

In large organizations, uneven understanding of what qualifies as community investment often means eligible activity is either excluded out of caution or not recognized at all.

In a recent LBG Canada audit for a major financial institution, that gap uncovered a staggering $15 million in previously uncounted community investment, tangibly increasing reported value without adding new budget. Since adopting the LBG Canada Standard, the organization is now reporting $40 million more in community investment through stronger assessment of eligible activity.

THE SELF-REPORTING CREDIBILITY GAP

Self-reported numbers invite scrutiny by all.

When your community investment figures come exclusively from internal teams, they carry an inherent limitation: they can and will be questioned. A board member, an investor, a journalist — anyone with reason to probe can raise doubts about methodology, definitions, or completeness. Not because the numbers are wrong, but because there's no independent voice saying they're right.

That's what third-party verification changes. When your reporting is audited against a nationally recognized standard, the numbers carry credibility that self-reported figures simply can't match.

THE DIFFERENCE A STANDARD MAKES

Adopting the LBG Canada Standard and annual audit strengthens your leadership in community investment.

01

Optimize investment for impact.

The LBG Canada Standard helps organizations align around principles and vetted criteria for what qualifies as meaningful community investment, supporting stronger planning and impactful activity that truly benefits Canadian communities.

02

Uncover the full picture, year over year.

The LBG Canada Standard includes an annual audit that often surfaces unreported community investment activity and corrects overstated numbers. The result is a more complete, verified, and de-risked snapshot leadership can trust.

03

Take a leadership position.

Adopting the Standard shifts your organization to a recognized approach for community investment. It signals a more mature, transparent position to stakeholders who increasingly expect rigour behind social impact claims.

04

Defend investment with confidence.

Adhering to a recognized standard gives leaders a more credible basis for budget and leadership conversations. That helps community investment remain understood, supported, and prioritized across the organization.

IN GOOD COMPANY

Organizations you know rely on the LBG Canada Standard.

From national financial institutions, energy companies, telecommunications providers to regional insurers, LBG Canada participants represent some of the most recognized organizations in the country. What they share is a commitment to transparency and meaningful impact.

TD Bank Logo
Royal Bank of Canada Logo
Cenovus Energy logo.
TELUS Communications Logo
Gildan logo.
Imperial Energy Logo

THE CASE FOR ACTING

A practical step for progressive and purpose-driven organizations.

  • A small commitment with significant return.

    If your organization is already committed to meaningful community investment, the cost of verifying that work properly is modest: a small fraction of the budget already committed. The LBG Canada Standard is not an additional program. It's accountability for the one you already have.


  • Adoption is simple and frictionless.

    LBG Canada works directly with your staff to structure the audit around existing reporting cycles. The process does not require rebuilding what already exists. Your team is supported during the annual audit and available for guidance throughout the year.


  • LBG Canada is the recognized Canadian standard.

    LBG Canada is not a generic ESG framework. It is the established national standard for corporate community investment, built on a long-standing methodology and recognized for its rigour and collaborative approach.

Adopt the LBG Canada Standard

WHAT YOU RECEIVE
  • Year-round guidance for investment eligibility
  • Annual community investment audit
  • Third-party verification statement
  • Use of the LBG Canada trust mark
  • Annual Insights & Opportunities report
  • Peer & sector benchmarking data
  • Ongoing access to CI reporting best practice
WHAT IT SUPPORTS
  • Leadership decision-making
  • Effective community investment teams & programs
  • Organizational alignment
  • Credible community investment claims
  • Meaningful social impact
  • Defensible community investment reporting
An illustration of a rolled verification report with a red verification badge.

GET IN TOUCH

Determine if your community investment stands up to scrutiny.

In a short, focused conversation, we’ll assess your current approach and where a clear standard and independent review can strengthen credibility, defensibility, and confidence at the leadership level..

No preparation required.