At Cogeco, we are proud to be working towards a more sustainable and inclusive future, and to execute our sustainability strategy, which prioritizes reducing our environmental impact, generating positive social impact, and transparency.
We take pride in our strong presence in the communities we serve and in our commitment to a sustainable future. We feel a deep sense of responsibility towards our stakeholders. We strive to build a more sustainable and inclusive future and deliver on our sustainability strategy, which focuses on reducing our environmental footprint, creating a positive social impact, and ensuring transparency. We continue to demonstrate our commitment to sustainability by adopting relevant reporting standards, recognized frameworks and pledges, which help our stakeholders better understand our efforts and measure our progress.
Find out how Cogeco contributes to sustainable and inclusive growth.
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Net Zero Emissions
First Canadian telecommunications company to have its net-zero greenhouse gas emissions target approved by the Science Based Targets initiative (SBTi).
GHG emissions reduction
Achieved a 44% reduction in Scope 1 and Scope 2 (market-based) emissions since fiscal 2019, on track to achieve 65% emissions reduction by 2030.
Suppliers’ emissions reduction target
50% of our suppliers by spend covering purchased goods & services and capital goods have set or committed to set science-based Scope 1 and Scope 2 emissions reduction targets.
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Digital inclusion
88,755 homes passed in previously unserved and underserved regions of Canada and the United States over the past four fiscal years, fostering digital inclusion through access to high-speed Internet.
Workforce
Community engagement and philanthropy
2% of pre-tax profit allocated to charitable giving, representing close to $7.4M in cash and in-kind donations to help strengthen the communities we serve.
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Board
42% of Board members of Cogeco Inc. and Cogeco Communications Inc. self-identified as women, 17% as visible minorities and 8% as persons with a disability.
Code of Ethics
97% of employees trained on our Code of Ethics.
Data security
95% of our employees trained on our cybersecurity policies.
Cogeco is proud to be the first telecommunications company in Canada to have its net-zero target approved by the Science Based Targets initiative (SBTi). Cogeco has joined business leaders representing over $23 trillion in market capitalization in signing the Business Ambition for 1.5°C pledge, a call to action to limit the worst impacts of climate change. We also signed Environment and Climate Change Canada’s Net-Zero Challenge and have been officially recognized as a Gold Tier Participant. Both of these commitments include setting a target to achieve net zero emissions across our entire value chain by 2050.
Cogeco is taking concrete steps to reduce its emissions across its operations and value chain to meet its SBTi approved targets. The infographic below shows our emissions reduction pathway and the key levers we are employing to achieve our goals.
