Corporate Knights annual ranking for 2020 - The only company in its industry in the ranking, Transat is in the top 20 of Canada's best corporate citizens

MONTREAL, June 25, 2020 /CNW Telbec/ - Transat, one of the largest integrated tourism companies in the world and Canada's holiday travel leader, ranks 18th on the 2020 list of the Best 50 Corporate Citizens in Canada, established annually by Corporate Knights research firm. This ranking recognizes organizations with outstanding records in governance and in the management of human, natural and financial resources.

"We are very proud to be among the best corporate citizens in terms of sustainable development, especially since we are the only company in our industry to receive this honour," said Jean-Marc Eustache, President and Chief Executive Officer of Transat, adding: "Even though the COVID-19 crisis is leading us to focus our energy mainly on resuming our commercial and air operations, we are not losing sight of our commitments to corporate responsibility. We are relentlessly pursuing our efforts of the past 13 years to become a North American leader in sustainable tourism." He concluded: "I want to share this recognition with our employees and partners, who not only share our values, but also contribute significantly to this achievement."

Corporate Knights evaluates companies' performance using up to 21 key indicators, including energy and water consumption, production of waste and atmospheric emissions, employee turnover, representation of women in executive management and on boards of directors, pension fund status, supply chain management and innovation.

Since 2007, Transat has implemented various sustainable development initiatives based on four pillars: the environment, communities, operations and the workplace. Among other initiatives, the Company has a fuel management program for its aircraft fleet and is part of a consortium for the development of sustainable aviation fuel. In its Sun market, 33% of the company's all-inclusive resorts hold a certification recognized by the Global Sustainable Tourism Council (GSTC), the world benchmark in this area. In addition, Transat offers numerous programs and activities that promote its employee wellness, development, recognition and social engagement. As a result of its efforts, in 2018 Transat became the world's first major international tourism company to obtain Travelife certification for all of its tour operator and travel agent activities, in recognition of best practices in sustainable development in the tourism industry.

For comprehensive information on Transat's sustainability initiatives, visit transat.com.

About Transat
Transat A.T. Inc. is a leading integrated international tourism company specializing in holiday travel. It offers vacation packages, hotel stays and air travel under the Transat and Air Transat brands to some 60 destinations in more than 25 countries in the Americas and Europe. Transat is firmly committed to sustainable tourism development, as reflected in its multiple corporate responsibility initiatives over the past 13 years, and was awarded Travelife certification in 2018. Based in Montreal, the company has 5,000 employees (TSX: TRZ).

Recent distinctions and awards

  • World's Best Leisure Airline at the Skytrax World Airline Awards
  • Best Tour Operator and Favourite Overall Supplier at the Agents' Choice Awards presented by Baxter Travel Media
  • Best Airline and Best Tour Operator at the Trophées Uni-Vers awards organized by the Association des Agents de Voyages du Québec
  • Ranked eighth nationally and third in Quebec on Forbes magazine's list of Canada's Best Employers

www.transat.com

SOURCE Transat A.T. Inc.

MEDIA: Odette Trottier, Director, Communications and Corporate Affairs, odette.trottier@transat.com, 514 908-8891

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