Climate Change

Measuring results so we can better manage activities

Heightened public concern and international pressure make climate change one of the most significant sustainability issues facing Canada today. To understand and mitigate our impact on climate change, one of our goals is to track our carbon footprint and invest in actions to reduce it. We do this by capturing data related to our energy use and the sources of our greenhouse gas (GHG) emissions, such as the energy consumed by the many buildings we occupy, business travel and paper consumption.

In FY15, we reduced our overall GHG emissions by 8% compared to last year.

In FY15, we reduced our overall GHG emissions by 8% compared to last year. Our FY15 GHG emissions related to our Canadian operations were as follows:

  • 3,543 tonnes of carbon dioxide equivalent (tCO2e) from buildings operations (Scope 1 and 2 emissions from natural gas, oil and electricity use)
  • 7,030 tCO2e generated by business travel (Scope 3 emissions from air travel, rail travel, car rental and hotel nights)
  • 422 tCO2e from the amount of paper purchased

In addition to understanding our environmental impact, we continued to work to understand how climate change impacts our business and operations as well as our clients, from both a physical and regulatory standpoint, throughout FY15. This holistic approach drives how

our Sustainable Business Solutions practice works with our clients, to both identify social and environmental risks and to uncover opportunities to reduce their broader sustainability impacts while ensuring they’re in compliance with national and global standards and regulatory requirements.

Environmental Management Plan

In FY15, our three-year Energy and Carbon Reduction Strategy, developed in July 2011, had fulfilled its mandate. We’re proud of the accomplishments we achieved under this plan and have re-evaluated several components to renew our efforts going forward. Our plan focuses on areas where we can have the greatest impact. For example, we plan to further educate our staff about the benefits of telecommuting and using technology to help combat our Scope 3 emissions, namely, air travel.

The goals of the Environmental Management Plan are:

  • build on the ideas and work already carried out to further reduce our energy consumption and GHG emissions
  • enhance our GHG emissions reporting to better align with our global counterparts
  • set challenging yet achievable targets for the reduction of our GHG emissions
  • introduce action items to achieve environmental stewardship outcomes

Specific goals have been developed in five key areas including energy awareness and efficiency, air travel, paper consumption and management, stakeholder engagement in environmental stewardship and reporting.

In FY16, we’ll work with our PwC global network to collaborate on developing global targets for reducing our overall GHG emissions that will complement the work already implemented in Canada.