Cogeco Releases Annual ESG & Sustainability Report

Published on:
by KnowESG,

Cogeco Inc

KnowESG_Cogeco
Image courtesy of https://www.gettyimages.in/

Cogeco Inc. and Cogeco Communications Inc. have released their seventh annual ESG and Sustainability Report, outlining their initiatives, performance, and commitments towards environmental, social, and governance (ESG) goals to promote sustainable and inclusive growth.

The report was created in accordance with the Global Reporting Initiative and Sustainability Accounting Standards Board's international standards.

"At Cogeco, ESG is the framework that supports our sustainable business strategy, and it is therefore an integral component of our strategic discussions. We are cognizant of the important role that corporations must play in addressing the most pressing environmental, social, and economic challenges of our time and are committed to continuing to lead the way towards a better and more sustainable future for all," said Philippe Jetté, President and Chief Executive Officer, Cogeco.

Here are the sustainability highlights showcasing Cogeco's performance over the past year:

  • The corporation has made significant progress on various environmental initiatives aimed at supporting its near-term emissions reduction targets, as approved by the Science-Based Targets Initiative (SBTi). This includes efforts to reduce its fleet of vehicles, purchase electric and hybrid vehicles, invest in renewable energy, and encourage its customers to use more energy-efficient products.

  • Cogeco has continued to make progress on its ambitious broadband network expansion programme aimed at bridging the digital divide between urban and less populated areas as part of its social impact initiatives. Additionally, the company has focused on key initiatives aimed at engaging its teams and promoting diversity and inclusion by establishing three new Employee Resource Groups.

  • From a governance perspective, Cogeco is committed to responsible and ethical business management. The company has enhanced its governance structures and processes to ensure that ESG and sustainability considerations are embedded into its core business strategy and decision-making. It has also incorporated sustainability performance metrics into executive pay and formalised specific objectives related to Board diversity that are deemed important for ongoing focus.

For more investor-related news

Source: Cogeco

Click here to read or download the full report

Share:
esg
esg
esg
esg

Investors Headlines

IHS Towers Releases 2023 Sustainability Report

IHS Towers Releases 2023 Sustainability Report

TriNet Earns Top ESG Rating from ISS ESG

TriNet Earns Top ESG Rating from ISS ESG

PATRIZIA Strengthens ESG Team for Impact Investing

CapitaLand Investment Steps Up Sustainability Efforts

Sustainability Tops CEO Agendas for Growth, Says Survey

Hershey Releases 2023 ESG Report

SIDC Updates ICF for Sustainable, Shariah Finance

LONGi Showcases ESG Leadership in 2023 Report

Australian Businesses See Lag in ESG Progress

Singapore Leads in Corporate Sustainability Reporting