MONTREAL, Oct. 28, 2021 /CNW Telbec/ - SNC-Lavalin (TSX:
SNC), a fully integrated professional services and project
management company with offices around the world, is pleased to
announce it has joined the United Nations Framework Convention on
Climate Change's (UNFCCC) Race to Zero global campaign and has
signed the Business Ambition for 1.5°C commitment. SNC-Lavalin also
today announced it has signed The Climate Pledge, a commitment to
achieve the Paris Agreement 10 years early, and be net-zero carbon
by 2040 or sooner.
"Our commitment to climate action goes beyond setting our own
net zero targets. In line with our purpose to engineer a better
future for our planet and its people, we want to leverage the work
we do with our clients and continue to play an active role in
combatting climate change," said Ian L.
Edwards, President and Chief Executive Officer, SNC-Lavalin
Group Inc. "Implementing long-term sustainable climate solutions
requires close collaboration between industries, governments,
non-governmental organizations, and multilateral agencies. We
welcome and encourage others to join us in this important
mission."
The Race to Zero Campaign was launched to mobilize a coalition
of cities, businesses, investors and other stakeholders to achieve
net-zero commitments ahead of the 26th U.N. Climate Change
Conference of the Parties in November
2021 ("COP26"). Coalition
members pledged to reach net zero emissions by 2050, at the latest,
in line with global efforts in limiting global warming to 1.5°C.
Similarly, the Business Ambition for 1.5°C is a campaign led
by the Science Based Targets initiative in partnership with the UN
Global Compact and the We Mean Business coalition. It was launched
in 2019 by a global coalition of UN agencies, business and industry
leaders. The Climate Pledge is a commitment to reach the Paris
Agreement 10 years early and be net-zero carbon by 2040.
SNC-Lavalin has taken significant steps in its sustainability
journey this year. As signatories to the United Nations Global
Compact, we have set high-level goals, including pledging to become
net zero carbon by 2030. As part of Race to Zero, the Company
will:
- rationalize its real estate portfolio to minimize the carbon
footprint of buildings and facilities,
- adopt digital communication tools to reduce business travel and
initiate behavioral change to lower energy usage, and
- design buildings and infrastructure that is energy efficient
through their life cycle in collaboration with client Companies
that sign The Climate Pledge agree to three principles:
- Measure and report greenhouse gas emissions on a regular
basis;
- Implement decarbonization strategies in line with the Paris
Agreement through real business changes and innovations, including
efficiency improvements, renewable energy, materials reductions,
and other carbon emission elimination strategies;
- Neutralize any remaining emissions with additional,
quantifiable, real, permanent, and socially-beneficial offsets to
achieve net-zero annual carbon emissions by 2040.
The We Mean Business coalition is a group of non-profit
organizations working to act on climate change. The global
coalition brings together seven organizations: BSR, CDP, Ceres, The
B Team, The Climate Group, The Prince of Wales's Corporate Leaders
Group and the World Business Council for Sustainable
Development.
SNC-Lavalin's Engineering Net Zero
Earlier this year,
SNC-Lavalin launched its Vision for Engineering a Sustainable
Society with enhanced Environmental, Social, and Governance (ESG)
targets, including a Routemap to achieving Net Zero Carbon
emissions by 2030. The Company's progress to Net Zero Carbon
Emissions is outlined in the CDP reports. For more information
visit the Engineering Net Zero website
The Company's Engineering Net Zero approach has significant
impact and reach; the organization helps guide clients in reducing
their own carbon emissions. SNC-Lavalin has published two
Engineering Net Zero reports, which examine the blueprint to
achieve net zero carbon targets by 2050:
Engineering Net Zero Technical Report (Canada)
Engineering Net Zero Summary Report (UK)
About SNC-Lavalin
Founded in 1911,
SNC-Lavalin is a fully integrated professional services and project
management company with offices around the world dedicated to
engineering a better future for our planet and its people. We
create sustainable solutions that connect people, technology and
data to design, deliver and operate the most complex projects. We
deploy global capabilities locally to our clients and deliver
unique end-to-end services across the whole life cycle of an asset
including consulting, advisory & environmental services,
intelligent networks & cybersecurity, design & engineering,
procurement, project & construction management, operations
& maintenance, decommissioning and capital. – and delivered to
clients in key strategic sectors such as Engineering Services,
Nuclear, Operations & Maintenance and Capital. News and
information are available at snclavalin.com or
follow us on LinkedIn and Twitter .
SOURCE SNC-Lavalin