STOCK TITAN

Rogers Net-Zero Targets Approved by SBTi

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Rogers has achieved a significant milestone as its net-zero greenhouse gas emissions targets received approval from the Science Based Targets initiative (SBTi), becoming the first national carrier in Canada to achieve this recognition. The company has already reduced scope 1 and 2 GHG emissions by 33% since 2019. Their action plan focuses on four key areas: increasing energy efficiencies, transitioning to electric fleet, expanding renewable energy, and engaging suppliers. Rogers aims to reduce absolute scope 1 and 2 emissions by 50% by 2030 and achieve net-zero emissions across all scopes by 2050, while ensuring 80% of suppliers set science-based targets by 2029.

Rogers ha raggiunto un traguardo significativo poiché i suoi obiettivi di riduzione delle emissioni di gas serra a zero netto hanno ricevuto l'approvazione dall'Science Based Targets initiative (SBTi), diventando il primo vettore nazionale in Canada a ottenere questo riconoscimento. L'azienda ha già ridotto le emissioni di gas serra di portata 1 e 2 del 33% dal 2019. Il loro piano d'azione si concentra su quattro aree chiave: aumento dell'efficienza energetica, transizione verso una flotta elettrica, espansione delle energie rinnovabili e coinvolgimento dei fornitori. Rogers punta a ridurre le emissioni assolute di portata 1 e 2 del 50% entro il 2030 e raggiungere emissioni nette zero su tutti i fronti entro il 2050, garantendo nel contempo che l'80% dei fornitori stabilisca obiettivi basati su scienze entro il 2029.

Rogers ha alcanzado un hito significativo ya que sus objetivos de emisiones de gases de efecto invernadero netas cero han sido aprobados por la Science Based Targets initiative (SBTi), convirtiéndose en el primer transportista nacional en Canadá en lograr este reconocimiento. La empresa ya ha reducido las emisiones de GHG de alcance 1 y 2 en un 33% desde 2019. Su plan de acción se centra en cuatro áreas clave: aumentar la eficiencia energética, transitar a una flota eléctrica, expandir las energías renovables y comprometer a los proveedores. Rogers tiene como objetivo reducir las emisiones absolutas de alcance 1 y 2 en un 50% para 2030 y alcanzar emisiones netas cero en todos los ámbitos para 2050, asegurando al mismo tiempo que el 80% de los proveedores establezcan objetivos basados en la ciencia para 2029.

로저스는 온실가스 배출 제로 목표가 Science Based Targets initiative (SBTi)의 승인을 받아 캐나다에서 이 인정을 획득한 최초의 국가 항공사가 되면서 중요한 이정표를 세웠습니다. 이 회사는 이미 2019년 이후로 33%의 범위 1 및 2의 온실가스(GHG) 배출량을 줄였습니다. 그들의 행동 계획은 네 가지 주요 영역에 초점을 맞추고 있습니다: 에너지 효율성 증대, 전기 플릿으로의 전환, 재생 가능 에너지 확대 및 공급업체 참여. 로저스는 2030년까지 범위 1 및 2의 절대 배출량을 50% 줄이고, 2050년까지 모든 범위에서 배출량을 넷 제로로 달성하며, 2029년까지 80%의 공급업체가 과학 기반의 목표를 설정하도록 보장하는 것을 목표로 합니다.

Rogers a atteint un jalon significatif puisque ses objectifs de réduction des émissions de gaz à effet de serre à zéro net ont été approuvés par l'Science Based Targets initiative (SBTi), devenant ainsi le premier transporteur national au Canada à obtenir cette reconnaissance. L'entreprise a déjà réduit les émissions de GES de portée 1 et 2 de 33% depuis 2019. Leur plan d'action se concentre sur quatre domaines clés : l'augmentation de l'efficacité énergétique, la transition vers une flotte électrique, l'expansion des énergies renouvelables et l'engagement des fournisseurs. Rogers vise à réduire les émissions absolues de portée 1 et 2 de 50% d'ici 2030 et à atteindre des émissions nettes nulles dans tous les domaines d'ici 2050, tout en veillant à ce que 80% des fournisseurs établissent des objectifs basés sur la science d'ici 2029.

Rogers hat einen bedeutenden Meilenstein erreicht, da die Ziele für netto null Treibhausgasemissionen von der Science Based Targets initiative (SBTi) genehmigt wurden, wodurch es die erste nationale Fluggesellschaft in Kanada ist, die diese Anerkennung erhält. Das Unternehmen hat die Treibhausgasemissionen der Scopes 1 und 2 bereits um 33% seit 2019 reduziert. Ihr Aktionsplan konzentriert sich auf vier Schlüsselbereiche: Steigerung der Energieeffizienz, Umstellung auf eine Elektroflotte, Ausbau erneuerbarer Energien und Einbindung der Lieferanten. Rogers plant, die absoluten Emissionen der Scopes 1 und 2 bis 2030 um 50% zu senken und bis 2050 netto null Emissionen in allen Bereichen zu erreichen, während sichergestellt wird, dass bis 2029 80% der Lieferanten wissenschaftlich fundierte Ziele festlegen.

Positive
  • None.
Negative
  • None.

TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Rogers today announced its net-zero greenhouse gas (GHG) emissions targets have been approved by the globally recognized Science Based Targets initiative (SBTi).

“This is a significant milestone in our efforts to take meaningful action on climate change and help build a more climate-resilient Canada,” said Tony Staffieri, President and Chief Executive Officer, Rogers. “Greenhouse gas emissions are the most significant driver of climate change and Rogers will continue to deliver on our environmental commitments to reduce our impact on the planet.”

Rogers is the first national carrier in Canada to have approved science-based net-zero targets published by the SBTi. The global organization for corporate climate goals validates submitted targets and action plans to ensure they are in line with the Paris Agreement.  

The company’s action plan will aim to deliver on environmental commitments in four key areas: 

  • Increasing energy efficiencies across its operations and network   
  • Transitioning its fleet to electric and hybrid vehicles    
  • Expanding its renewable energy strategy    
  • Engaging suppliers to set their own science-based targets 

Rogers efforts have already reduced scope 1 and 2 GHG emissions by 33% since 2019. Rogers long-term net-zero targets are to reduce absolute scope 1, 2 and 3 GHG emissions to net-zero by 2050.* Near-term targets are to reduce absolute scope 1 and 2 emissions by 50% by 2030 and ensure 80% of its suppliers set their own science-based targets by 2029.**

About Rogers Communications   
Rogers is Canada’s leading communications and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit rogers.com or investors.rogers.com.   

For more information:  
media@rci.rogers.com  
1-844-226-1338  

*Per SBTi’s standard, net-zero is reached when a company has reduced emissions by at least 90%, with residual emissions in the final year to be permanently neutralized (e.g. through investments in carbon offsets).  
**2019 established as the baseline year for both near-term and long-term targets.


FAQ

What are Rogers (RCI) net-zero emission targets for 2050?

Rogers aims to reduce absolute scope 1, 2, and 3 greenhouse gas emissions to net-zero by 2050.

How much has Rogers (RCI) reduced its GHG emissions since 2019?

Rogers has reduced its scope 1 and 2 greenhouse gas emissions by 33% since 2019.

What are Rogers (RCI) key environmental action areas?

Rogers focuses on four key areas: increasing energy efficiencies across operations and network, transitioning fleet to electric vehicles, expanding renewable energy strategy, and engaging suppliers to set science-based targets.

What is Rogers (RCI) 2030 emissions reduction target?

Rogers aims to reduce absolute scope 1 and 2 emissions by 50% by 2030.

Rogers Communications, Inc.

NYSE:RCI

RCI Rankings

RCI Latest News

RCI Stock Data

18.86B
377.83M
11.25%
61.41%
0.87%
Telecom Services
Communication Services
Link
United States of America
Toronto