Climate action must be a priority for all industries as a continued collective effort is required to build a prosperous and sustainable economy. Cogeco is determined to demonstrate strong and inspiring leadership and take concrete action to address climate change. This plan aims to facilitate access to all the information related to our climate change strategy. It comes a few weeks after Cogeco received HRH The
The 'A' rating awarded to Cogeco by CDP, which manages the annual global rating system recognized as a standard for corporate environmental transparency, demonstrates Cogeco's leadership and commitment to best practices in governance, disclosure and emissions reduction.
"Cogeco strives to be a leader in the implementation of the best environmental, social and governance (ESG) practices. In this regard, seeing our efforts recognized by the 'A' rating from CDP, a world-renowned environmental transparency organization, makes us even prouder. Cogeco is committed to leading the path to decarbonisation for the telecommunications sector and we recognize the importance of transparent disclosure around our management of climate-related issues in line with TCFD recommendations," said Philippe Jetté, President and Chief Executive Officer of Cogeco.
Earlier this year, Cogeco announced its new science-based emissions reduction target, becoming the first Canadian telecommunications company to set an ambitious emissions reduction target in line with the pathway required to limit warming to 1.5°C. Cogeco has now taken this a step further, by extending this target to include our ambition to achieve net zero emissions across our entire value chain by 2050. Achieving these medium-term and long-term targets requires a detailed action plan involving collaboration and innovation across all areas of our business, as well as with our supply chain partners. As further proof of its commitment to fight against climate change, Cogeco recently joined the campaign "Great Expectations: Fast-forward
ABOUT
SOURCE
© Canada Newswire, source