MONTREAL, July 7, 2022
/PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE today issued
its Annual Activity and Corporate Social Responsibility (CSR)
report, articulating the Company's achievements across a range of
environmental, social and governance (ESG) topics. This report is a
single source of information in key areas signalling that CSR is
inseparable from our core business strategy and activities.
"At CAE, our success is measured by actions and outcomes. This
means contributing to a safer, more peaceful, and more sustainable
world, now and for the generations to come," said Marc Parent, CAE's President and Chief Executive
Officer. "Our 13,000-plus employees worldwide rally around this
noble mission with an innovative mindset by building the next
generation of digitally immersive and critical operations
solutions, offering unparalleled customer experience and heeding
the call for community action and support."
In this year's report, we continue to provide clear and
transparent reporting on the achievements and issues that matter
the most:
Environmental
- Achieved carbon neutrality for the second consecutive year
- All CAE buildings for which we have operational control use
renewable energy or are covered by the purchase of renewable energy
certificates
- Completed our comprehensive climate-related risk
assessment
Social
- Provided support and relief efforts for the humanitarian crises
in Ukraine and flooding in
Germany
- Took leadership and initiative to accelerate COVID-19
immunization via the Industry for Vaccination (IFV) coalition
- Strengthened our commitment and practices to respect Human
Rights by making significant updates to our corporate policy
Governance
- Concluded the 2018-2023 CSR roadmap; introduced new governance,
revised materiality matrix and newly created ESG Strategy team
- Reinforced the connection between our core business and our
sustainability agenda by demonstrating the ESG impact of each
business line
- Bolstered our approach to responsible supply chain management
with our new CAE Supplier Code of Conduct
We continue to report to the Global Reporting Initiative (GRI),
the Carbon Disclosure Project (CDP), the Sustainability Accounting
Standards Board (SASB) and the Task-Force on Climate-related
Financial Disclosures (TCFD).
As a leading high-technology solutions provider, and a partner
in academic and industry initiatives, CAE continues to advance on
fully integrating sustainability practices in connection with
business activities, build on our diversity, equity and inclusion
culture and continue to promote a high-level of transparency,
public engagement and accountability.
View a short video overview of the report
here.
The full report can be downloaded
at www.cae.com/investors/financial-reports.
About CAE
At CAE, we equip people in critical roles with the expertise and
solutions to create a safer world. As a high-technology company, we
digitalize the physical world, deploying simulation training and
critical operations support solutions. Above all else, we empower
pilots, airlines, defence and security forces, and healthcare
practitioners to perform at their best every day and when the
stakes are the highest. Around the globe, we're everywhere
customers need us to be with more than 13,000 employees in more
than 200 sites and training locations in over 35 countries. CAE
represents 75 years of industry firsts—the highest-fidelity flight
and mission simulators, surgical manikins, and personalized
training programs powered by artificial intelligence. We're
investing our time and resources into building the next generation
of cutting-edge, digitally immersive training and critical
operations solutions. Today and tomorrow, we'll make sure our
customers are ready for the moments that matter. www.cae.com
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SOURCE CAE INC.