Rogers Implements Bold Net-Zero Emissions Goal with SBTi Approval
Rogers Communications Achieves Net-Zero GHG Emissions Approval
Rogers Communications has recently made a significant announcement regarding its commitment to combat climate change. The company has received formal approval for its net-zero greenhouse gas (GHG) emissions targets from the globally acknowledged Science Based Targets initiative (SBTi). This landmark approval positions Rogers as a pioneer among national carriers in Canada, demonstrating its dedication to environmental responsibility.
Leadership's Vision for a Greener Future
Tony Staffieri, the President and Chief Executive Officer of Rogers, expressed pride in this achievement, emphasizing its impact on building a climate-resilient Canada. "This marks a crucial step in our journey toward substantial climate action," Staffieri stated. He noted that GHG emissions are a primary contributor to climate change, underpinning Rogers' renewed commitment to minimize its ecological footprint.
Details of Rogers' Net-Zero Commitment
As the first national telecom provider in Canada with approved science-based net-zero targets, Rogers aims to align its environmental strategies with the stipulations set forth by the Paris Agreement. The SBTi evaluates corporate climate objectives, ensuring that they reflect genuine efforts in decreasing emissions effectively.
Four Pillars of Environmental Action
In alignment with their ambitious goals, Rogers is focusing on four critical areas for improvement:
- Enhancing energy efficiency throughout operations and network.
- Transitioning their vehicle fleet to include electric and hybrid models.
- Expanding their renewable energy strategy significantly.
- Collaborating with suppliers to encourage the adoption of their own science-based targets.
Progress and Future Targets
Rogers has already made strides in reducing its GHG emissions. Since 2019, the company has decreased its scope 1 and 2 emissions by an impressive 33%. Their long-term objective is to achieve net-zero emissions across all scopes (1, 2, and 3) by 2050. In the interim, Rogers intends to cut absolute scope 1 and 2 emissions by 50% by 2030, aiming for a substantial shift towards sustainability.
Supplier Engagement for a Broader Impact
Another significant aspect of Rogers' strategy involves encouraging 80% of its suppliers to establish their own science-based targets by 2029. This collaborative effort aims to extend Rogers' sustainability initiatives beyond its direct operations, fostering a broader impact in the industry.
About Rogers Communications
Rogers Communications stands as a leading name in Canada’s communications and entertainment sector. The company is publicly traded on the Toronto Stock Exchange under the tickers RCI.A and RCI.B, as well as on the New York Stock Exchange as RCI. For those seeking detailed insights about the company, more information is available at rogers.com and investors.rogers.com.
For any inquiries, please contact:
media@rci.rogers.com
1-844-226-1338
Frequently Asked Questions
What are Rogers' net-zero targets?
Rogers aims to achieve net-zero GHG emissions by 2050, with an interim target of reducing absolute scope 1 and 2 emissions by 50% by 2030.
Who approved Rogers' emissions targets?
The Science Based Targets initiative (SBTi) approved Rogers' targets, validating its commitment to scientific goals for reducing climate impact.
What strategies will Rogers implement to achieve these targets?
Rogers plans to enhance energy efficiency, transition its fleet to electric vehicles, expand renewable energy use, and engage suppliers in sustainability efforts.
What is the significance of SBTi approval?
SBTi approval signifies that Rogers' targets are aligned with international standards for corporate climate action, showcasing their commitment to serious climate initiatives.
How have Rogers' emissions changed since 2019?
Rogers has successfully decreased its scope 1 and 2 GHG emissions by 33% since 2019, demonstrating tangible progress in its environmental efforts.
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