MONTREAL, May 14, 2021 /CNW Telbec/ - SNC-Lavalin
Group Inc. (TSX: SNC), a fully integrated professional services and
project management company with offices around the world, today
launches 'Our vision for engineering a sustainable
society', containing Environmental, Social, and
Governance (ESG) targets and commitments for the Company's
corporate activities.
These targets are aligned with the Company's membership in the
UN Global Compact. A priority within the targets is achieving net
zero carbon emissions and SNC-Lavalin today announces its
Routemap to achieving Net Zero Carbon emissions by 2030
across corporate activities,
"Setting clear Environmental, Social, and Governance targets
is a call to action for our whole organization, and will be
integral to how we provide solutions to our clients. We are a proud
and committed signatory to the UN Global Compact and have enhanced
our ESG framework to meet those commitments and do what we can as a
responsible company to contribute to a sustainable
future," said Ian L.
Edwards, President and CEO of SNC-Lavalin Group Inc.
"As part of that effort, we have set an important target to
achieve net zero carbon emissions by 2030. We have designed a
Routemap that clearly defines how we will achieve this, and the
immediate actions that we will be taking to reduce emissions from
our own activities. As a leader in the design and delivery of
the built environment, we have a unique opportunity to make an
impact as a company and work in partnership with our clients to
tackle the challenges the world faces," he added.
SNC-Lavalin's Net Zero Carbon 2030 Routemap – Immediate
actions to combat climate change
SNC-Lavalin has published its Net Zero Carbon Routemap, which
outlines how the Company will achieve net zero carbon emissions
from corporate activities by the end of 2030. Read the Routemap
here – key actions include:
- Setting annual targets, which are verified by third
parties, with updates published externally each year via the
CDP reporting (Carbon Disclosure Project)
- Committing to reducing Scope 1, 2, and 3 GHG emissions by
60% by 2025 from 2019 as a baseline year
- Prioritizing low carbon real estate
- New travel policy aimed at lowering travel and offsetting
carbon emissions
- Behavioural change across our operations to increase
digitalization
- Electric vehicle leasing / rental with our global travel
providers
- Energy purchase contracts prioritizing low and zero-carbon
energy sources
- External verification of quantitative targets
- Interim targets on the path to 2030
- In addition to the Company's own actions around combatting
climate change, SNC-Lavalin has launched 'Engineering Net
Zero' to provide solutions to clients prioritizing
clean and affordable energy solutions, and developing sustainable
infrastructure, transport, and cities.
-
- SNC-Lavalin has already issued two pivotal reports on
Engineering Net Zero for Canada
and the U.K. These reports outline key changes that need to be made
in engineering and designing the world around us.
- The reports and goals can be found on Engineering Net
Zero
Key ESG targets and commitments to align with
SNC-Lavalin's commitment to the UN Global Compact
In addition to achieving net zero carbon emissions by 2030,
SNC-Lavalin has identified those areas where the Company can make
the most material impact and contribution to society. It is
enhancing its framework in areas such as ED&I, improving health
and wellbeing, human rights, alongside maintaining the high
standards of integrity the Company has achieved, and taking climate
action beyond net zero. Highlights include:
- Equality, Diversity & Inclusion (ED&I):
SNC-Lavalin believes that greater diversity benefits everyone. For
the Company, it will further strengthen its talent pool, enabling
it to better serve clients and achieve business objectives. The
targets announced today include increasing the representation of
women in leadership to 25% by 2025, and across the organization to
33% by 2025, with a commitment from the Board to maintain at least
30% representation by women.
- Integrity & Governance: Over the past decade,
SNC-Lavalin has had a sustained commitment to the integration of
integrity best practices and continues to strive to improve its
program as new practices develop. SNC-Lavalin's Integrity Program
aims to prevent, detect and respond to the risk of wrongdoing. It
aligns with the principles of international organizations such as
Transparency International, the Organisation for Economic
Co-operation and Development, the United Nations Global Compact and
the World Bank, as well as the U.S. Department of Justice Resource
Guide to the U.S. Foreign Corrupt Practices Act.
SNC-Lavalin's 12
ESG areas where the organization can have the most
impact:
|
Energy
- Reduce CO2
emissions from energy
consumption
|
Water - Reduce water
consumption
|
Transport - Reduce
CO2
emissions from transport
|
Materials - Reduce
consumption of raw materials
|
Pollution - Reduce
environmental pollution
|
Health - Improve human
health
and wellbeing
|
Climate - Protect against
physical impacts of climate
change and extreme weather
|
Biodiversity - Protect
existing
biodiversity habitats, increase
biodiversity
|
Diversity - Increase diversity
&
social inclusion
|
Community - Create social
value & community benefits
|
Integrity - Maintain a high
standard of engagement
towards integrity
|
Human
Rights - Protect human
rights
|
Read 'Our vision for engineering a sustainable
society'.
About SNC-Lavalin
Founded in 1911, SNC-Lavalin is a fully integrated
professional services and project management company with offices
around the world. SNC-Lavalin connects people, technology and data
to help shape and deliver world-leading concepts and projects,
while offering comprehensive innovative solutions across the asset
lifecycle. Our expertise is wide-ranging — consulting &
advisory, intelligent networks & cybersecurity, design &
engineering, procurement, project & construction management,
operations & maintenance, decommissioning and sustaining
capital – and delivered to clients in four strategic sectors: EDPM
(engineering, design and project management), Infrastructure,
Nuclear and Resources, supported by Capital. People. Drive.
Results. News and information are available at
www.snclavalin.com or follow us on Twitter @SNCLavalin
SOURCE SNC-Lavalin