MONTREAL, Sept. 25, 2023 /CNW/ – AtkinsRéalis [SNC-Lavalin Group Inc.] (TSX: ATRL), a completely built-in skilled providers and challenge administration firm with places of work world wide, at present launched its annual ESG report. The report lays out the Firm’s progress towards reaching its ESG targets, in addition to detailing further data on commitments made in 2022.
“The final 12 months was one through which AtkinsRéalis demonstrated its means to ship on its strategic ESG plan, even within the face of world challenges,” stated Ian L. Edwards, President and Chief Govt Officer, AtkinsRéalis. “Roughly half of our whole revenues in 2022 had been derived from initiatives contributing to a sustainable future and carbon free financial system. Whether or not it is decarbonizing ageing buildings, or transitioning to scrub power together with nuclear energy, we’re serving to purchasers and international locations to ship on their carbon Web Zero and sustainability priorities. In doing so, we’re in the end residing as much as our objective: to engineer a greater future for our planet and its individuals.”
The report particulars how the Firm has delivered throughout a spread of areas, from new initiatives that assist a Web Zero and social worth agenda, to creating progress in direction of gender variety targets.
Vital wins within the 12 months noticed AtkinsRéalis add to a rising roster of initiatives with the UK authorities that had been targeted on serving to them obtain their Web Zero commitments. The Firm additionally signed an settlement to develop North America’s first grid-scale Small Modular Reactor, to supply dependable, decarbonized energy in Canada in assist of its Web Zero and power safety aims, whereas creating high-quality jobs. AtkinsRéalis was additionally proud to affix teams and initiatives dedicated to advancing gender equality, nature loss prevention, and Indigenous Folks development and prosperity.
“The final 12 months noticed us take a lot of measures to reinforce accountability and introduce rigour to our ESG processes,” stated Hentie Dirker, Chief ESG and Integrity Officer, AtkinsRéalis. “This consists of linking our government compensation to achievement of ESG targets, incorporating a sustainability-linked mortgage framework into our credit score amenities, and committing to the United Nations’ Science-Primarily based Targets Initiative which set emissions discount targets consistent with the Paris Settlement. We additionally undertook a complete materiality evaluation to realign our ESG priorities with our imaginative and prescient and objective in order that our work continues to form the constructed and pure environments — a differentiating issue amongst many large-cap public corporations.”
Highlights of the newest ESG report embrace:
Environmental
- Derived roughly half of whole revenues from initiatives contributing to a sustainable future and carbon free financial system, in accordance with a administration estimation.
- Joined a marketing campaign urging governments world wide to require all massive companies and monetary establishments to evaluate and disclose their impacts and dependencies on nature by 2030.
- Dedicated to the Science Primarily based Targets Initiative (SBTi). The SBTi drives bold local weather motion with over 2,000 corporations globally, to set science-based emissions discount targets consistent with the targets of the Paris Settlement.
- Diminished mixed Scope 1 and a pair of emissions by 87%, in comparison with the Firm’s 2019 baseline.
Social
- Introduced the launch of Indigenous E3, a particular objective restricted partnership shaped between AtkinsRéalis and Indigenous Group and Engagement, to establish and ship initiatives that assist Indigenous development and long-term prosperity.
- Contributed $50,000 to the Canadian Purple Cross’ Ukraine Humanitarian Disaster Attraction.
- Turned an Aboriginal Procurement Champion in partnership with the CCAB (Canadian Council for Aboriginal Enterprise).
Governance
- Integrated sustainability-linked metrics as a part of a brand new credit score facility, decreasing borrowing prices contingent upon the achievement of ESG targets linked to decreasing greenhouse gasoline emissions by 60% by 2025 and reaching 25% of ladies illustration in managerial and senior skilled roles by 2025.
- Performed a materiality evaluation and realigned the Firm’s ESG priorities with its new objective: “Engineering a greater future for our planet and its individuals”.
- Expanded ESG hyperlinks inside worker compensation to incorporate Integrity, Well being and Security, Equality, Range & Inclusion and Sustainability measures constituting 10% of the AIP for all contributors.
- Delivered at school/webinar periods to over 25,415 employees, and an extra 468,309 on-line/e-learning modules, totalling virtually 250,000 hours of coaching.
- Awarded the Compliance Chief Verification Certification from Ethisphere for 2023-2024.
Key Undertaking Wins
- Undertook pre-project work to conduct design and engineering providers for the Unit 1 CANDU® reactor on the Cernavoda Nuclear Producing Station in Romania.
- Awarded three new contracts by the UK Atomic Vitality Authority to proceed work on Spherical Tokamak for Vitality Manufacturing (STEP), a flagship program to design and construct a commercial-scale fusion power plant. STEP is making an attempt to be the world’s first business fusion energy station, with an purpose to supply an idea design by 2024, resulting in a prototype plant within the UK, focusing on completion by 2040.
- Chosen by the UK Authorities Division of Enterprise, Vitality and Industrial Technique (BEIS) to develop industrial decarbonization roadmaps for websites throughout the UK as a part of the “Business of Future Programme”. As Engineering Supply Associate, AtkinsRéalis will work with as much as 16 industrial websites to develop roadmaps to speed up their progress in direction of Web Zero emissions.
- Received an Homeowners Engineering mandate from Transmission Builders Inc. for the Champlain Hudson Energy Specific challenge, a excessive voltage direct transmission line that might be deployed from Canada to america. The challenge is deliberate to scale back GHG emissions by 37 million metric tons by way of New York State, the equal of taking on half 1,000,000 automobiles off the street.
- Supplied consulting and advisory providers for the U.S. Federal Emergency Administration Company’s (FEMA) first-ever constructing codes technique. The technique defines the objectives and aims FEMA will use to create a extra resilient nation by way of superior constructing efficiency.
- Chosen to supply engineering providers enhancing North Carolina’spreparedness and resiliency towards water-related hazards.
- Picked to assist Abu Dhabi Nationwide Vitality Firm to minimize the carbon footprint of its offshore UAE operations by 30%.
Created by the combination of long-standing organizations courting again to 1911, AtkinsRéalis is a world-leading skilled providers and challenge administration firm devoted to engineering a greater future for our planet and its individuals. We create sustainable options that join individuals, knowledge and know-how to remodel the world’s infrastructure and power techniques. We deploy world capabilities regionally to our purchasers and ship distinctive end-to-end providers throughout the entire life cycle of an asset together with consulting, advisory & environmental providers, clever networks & cybersecurity, design & engineering, procurement, challenge & building administration, operations & upkeep, decommissioning and capital. The breadth and depth of our capabilities are delivered to purchasers in key strategic sectors resembling Engineering Companies, Nuclear, Operations & Upkeep and Capital. Engineering Companies, Nuclear, Operations & Upkeep and Capital. Information and knowledge can be found at www.atkinsrealis.com or observe us on LinkedIn.
SOURCE AtkinsRéalis
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