Climate Change Data

Telesat Corporation

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Helping Society Thrive
  • Cultivating Inclusion
  • Supporting Environmental Sustainability
  • Resilience of Critical Infrastructure
  • Modeling Business Integrity

Environmental Achievements

  • 100% successful deorbit rate over Telesat’s 55-year history.
  • 14-launch contract with SpaceX to deliver Telesat Lightspeed constellation using reusable launch vehicles.
  • Signed the Earth Space Sustainability Initiatives’ Memorandum of Principles for Space Sustainability.

Social Achievements

  • Selected as one of the National Capital Region’s Top Employers for 2024.
  • Launched Women in STEM and Indigenous youth scholarship programs.
  • Implemented unconscious bias training and an Accessibility Plan.
  • Established a pay equity committee.

Governance Achievements

  • Formally adopted an ESG policy in November 2022.
  • Broadened annual employee certification to include the Disclosure Policy and Code of Ethics.
  • Undertook a comprehensive review and assessment of key corporate governance policies.

Climate Goals & Targets

Environmental Challenges

  • Risks associated with operating satellites and providing satellite services (dependence on large customers, satellite construction or launch delays, launch failures, in-orbit failures, impaired satellite performance and competition).
  • Risks associated with financial factors (swings in the global financial markets, increases in interest rates, fluctuations in foreign exchange rates, inflation and access to capital).
  • Risks and uncertainties associated with Telesat Lightspeed (overcoming technological challenges, access to spectrum and markets, governmental restrictions or regulations, the impact of inflation on development costs and financing, raising sufficient capital to design and implement the system and competition from other low earth orbit systems).
Mitigation Strategies
  • Robust satellite design specifications to ensure high reliability.
  • Redundancies across key components and subsystems.
  • Sophisticated Space Situational Awareness (SSA) systems to manage collision risks.
  • Strategic partnerships to mitigate risks and share resources.
  • Regular threat risk assessments across the entire ecosystem.

Supply Chain Management

Responsible Procurement
  • Rigorous cybersecurity standards for suppliers with access to sensitive information.

Climate-Related Risks & Opportunities

Opportunities
  • Satellite broadband as a key enabler in meeting net-zero goals.

UN Sustainable Development Goals

  • 2.3
  • 2.4
  • 2.a
  • 3.8
  • 4.3
  • 4.4
  • 4.7
  • 4.a
  • 5.1
  • 5.5
  • 5.b
  • 5.c
  • 10.2
  • 10.3

Telesat’s strategy and mission-critical connectivity services indirectly contribute to 16 of the 17 UN Sustainable Development Goals (SDGs).

Sustainable Products & Innovation

  • Telesat Lightspeed LEO satellite network.

Awards & Recognition

  • National Capital Region’s Top Employer for 2024.