In the spring of this year, TELUS’ sustainability team submitted a progress report on greenhouse gas emissions, energy use and the risks and opportunities from climate change to the Carbon Disclosure Project (CDP). This disclosure, which is public, is increasingly reviewed by customers, investors and other stakeholders who consider our environmental performance when making their purchasing and investment decisions and want to see what TELUS is doing to combat climate change.
We are proud to report that our disclosure score increased to 92 this year from 76 in 2013. Additionally, our performance band improved from C to B. This performance review, conducted by First Carbon Solutions on behalf of CDP, shows how TELUS scored in comparison with other respondents and highlights areas for potential improvement. Categories assessed include:
- Emissions management
- Risk and opportunity management
- Strategy and verification
This significant improvement in our performance is due to the number of teams that are working together across TELUS to reduce our energy use and greenhouse gas emissions. We look forward to sharing recent initiatives in our 2015 CDP submission including our recently installed renewable energy solution in Edmonton, and the opening of TELUS Garden in Vancouver which will have a district energy system. This regulated utility will capture and redistribute low-grade heat throughout the development and contribute to an 80 per cent reduction in energy demand for heating and cooling.
Today, we were pleased to be recognized by CDP as a Carbon Disclosure Leader at the Toronto Stock Exchange. While we are happy to take the time to reflect on our successful progress, we do take our responsibility seriously and are inspired by this recognition to continuously improve and innovate.
Moving forward, we plan to keep a close watch on climate change developments, trends and science; here are a couple you might find interesting:
- The United Nations Framework Convention on Climate Change in Paris in late 2015
- The second phase of the ‘Mind the Science, Mind the Gap’ initiative
Do you have an idea on how we can reduce our carbon footprint at TELUS? Contact email@example.com, we’ll be glad to hear from you.
Did you know?
CDP is an international, not-for-profit organization providing a global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP works with market forces, including 767 institutional investors with assets of US$92 trillion, to motivate companies to disclose their impacts on the environment and natural resources and take action to reduce them.