Aecon Group Inc. released its inaugural Sustainability Report, highlighting the progress, initiatives and commitments of Aecon’s Environmental, Social and Governance (ESG) processes and strategies.
“Aecon is proud to release its first annual Sustainability Report, Building the Infrastructure of a Better Tomorrow, demonstrating Aecon’s evolving initiatives to embed sustainability in our operations and relationships with our clients, communities, investors and all stakeholders,” said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc. “The infrastructure Aecon builds is critical in enabling society to adapt to a changing climate, transition to a lower carbon, circular economy, and stay safe as the world endures an unprecedented global pandemic. Aecon’s goal is to be the number one Canadian infrastructure company and we recognize the important role sustainability plays in continuing to be a leader in the industry and the country. Together, with the collective efforts of our thousands of employees, we are dedicated to our sustainability commitments.”
The report outlines Aecon’s sustainability strategy, which spans beyond the construction of safe, resilient and sustainable infrastructure, and focuses on five areas:
Cynthia A. Williams, Osler Chair in Business Law, Osgoode Hall Law School and Co-principal Investigator, the Canadian Climate and Law Initiative, commented: “Aecon’s sustainability report is a model for how to do sustainability reporting well. Its report is clear, comprehensive, and specific, using best-in-class voluntary disclosure standards to produce a report that all stakeholders, including investors, will find extremely useful. Aecon is also to be commended for its leadership in recognizing that today’s infrastructure must meet the challenges of tomorrow, which definitely include climate change.”
To ensure that this mandate receives the highest level of executive focus, Aecon has appointed Yonni Fushman as Chief Sustainability Officer in addition to his role as EVP, Chief Legal Officer & Corporate Secretary. “Sustainability has always been deeply embedded in Aecon’s culture and reflected in our daily operations – while Aecon is proud to share the many initiatives that are underway, we also recognize that there is much work to be done,” said Fushman. “Moving forward, Aecon will continuously improve in establishing and measuring key metrics, setting meaningful goals and targets, and leading the industry in sustainable infrastructure construction and development.”