- Increased frequency and intensity of extreme weather events (wildfires, windstorms, ice storms, flooding, extreme heat, sea level rise)
- Increasing fuel and electricity prices
- Evolving carbon regulations (carbon pricing)
- Rising insurance premiums
- Increased emissions from downstream delivery services
Cogeco Inc.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Cogeco Inc. disclosed greenhouse gas emissions of 167.9K tCO2e/year (FY22). By scope: Scope 1: 12.5K tCO2e/year (FY22); Scope 2: 17.4K tCO2e/year (FY22); Scope 3: 138.0K tCO2e/year (FY22). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
167.9K tCO2e/year (FY22)
2022
Renewable Energy
41% (FY22)
of total energy
Energy Use
168.7K MWh/year (FY22)
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 12.5K tCO2e/year (FY22) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 17.4K tCO2e/year (FY22) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 138.0K tCO2e/year (FY22) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 167.9K tCO2e/year (FY22) |
| 2021 | 21.5K tCO2e/year (FY21) |
| 2020-2021 | 154.0K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 65% reduction target for Scope 1 and 2 emissions approved by SBTi by 2030
- 41% of electricity consumption from renewable sources in FY22 (up from 25% in 2019)
- 28.8% reduction in Scope 1 and 2 emissions from 2019 to 2022
- 32% reduction in Scope 3 emissions from 2019 to 2022
🎯 Climate & Sustainability Targets
🔜 Short-term
- 50% of suppliers by spend to set SBTi-approved targets by 2025
- Complete quantitative climate scenario analysis in 2023
📅 Medium-term
- 65% reduction of absolute operational emissions (Scope 1 & 2) by 2030
- 30% reduction of emissions from use of sold products by 2030
- 30% reduction of emissions from employee commuting by 2030
- 100% of energy consumed from electricity use from renewable sources by 2030
🔭 Long-term
- Net-zero emissions across all three scopes by 2050
🌱 ESG Focus Areas
Climate ChangeGovernanceSocial Responsibility