Climate Change Data

Kinectrics

Climate Impact & Sustainability Data (2022-2023)

Reporting Period: 2022-2023

Environmental Metrics

Total Carbon Emissions:1513 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:987 tCO2e/year
Scope 2 Emissions:526 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Environmental Management
  • Environmental Stewardship
  • Waste Minimization
  • Indigenous Reconciliation and Relations
  • Host Communities
  • Our People
  • Diversity, Equity and Inclusion
  • Medical Isotopes
  • Corporate Governance
  • Corporate Culture
  • Business Ethics
  • Reporting and Transparency
  • Responsible Business Practices

Environmental Achievements

  • Established baseline for Scope 1 and 2 carbon emissions.
  • Initiated a study to evaluate building envelopes for energy efficiency improvements.
  • Implemented a successful pilot project to remediate vinyl chloride contamination in groundwater.
  • Developed AnagenTM, a self-healing dielectric fluid to reduce maintenance costs and environmental impact.
  • Developed Universal SEParation Process (USEP) for managing Mixed Liquid Waste (MLW) from nuclear facilities.
  • Reduced low-level radioactive plastic bag waste by 100% (approx. 3100 m per year) by 2024 (FY25) through reusable laundry bags.

Social Achievements

  • Raised over $2 million for United Way through employee-led fundraising campaigns.
  • Supported Yonge Street Mission (YSM) through volunteering, fundraising, and providing employment opportunities.
  • Launched a Learning Management System for employee training and development.
  • Prioritized continuous improvement of the Diversity, Equity and Inclusion (DEI) Program.

Governance Achievements

  • Established a Sustainability Program.
  • Developed a Code of Business Conduct and implemented a whistleblower hotline.
  • Provided employee training on key policies including Conflict of Interest, anti-bribery, anti-corruption, cybersecurity and compliance.
  • Implemented a Sustainability Policy reviewed annually by senior leadership.

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero emissions by 2050 (aligned with Canadian target).
Medium-term Goals:
  • Achieve net-zero emissions by 2050 (aligned with Canadian target).
Short-term Goals:
  • Reduce low-level radioactive plastic bag waste by 100% by 2024 (FY25).

Environmental Challenges

  • Vinyl chloride contamination in groundwater.
  • Reducing Scope 1 and 2 GHG emissions.
  • Managing climate-related risks to facilities and operations.
Mitigation Strategies
  • Implemented air sparging and granulated activated charcoal treatment for groundwater remediation.
  • Developing a greenhouse gas reduction strategy towards net-zero emissions.
  • Investing in energy efficiency innovations, including energy-efficient lighting and building envelope improvements.
  • Considering the use of clean energy credits to address Scope 2 emissions.
  • Phasing out or reducing the use of fossil fuels where technologies exist.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Compliance with labor and human rights laws; promotion of diversity and inclusion; consideration of environmental impacts.

Climate-Related Risks & Opportunities

Physical Risks
  • Physical risks to facilities
Transition Risks
  • Operational risks associated with climate change
Opportunities
  • Strategic growth and innovation in clean energy solutions.

Reporting Standards

Frameworks Used: GRI, TCFD

Certifications: OHSAS 18001, ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

The Sustainability Program was developed in alignment with the UN Sustainable Development Goals (SDGs), with a focus on those where Kinectrics believes it can have the greatest impact.

Sustainable Products & Innovation

  • AnagenTM self-healing dielectric fluid
  • Universal SEParation Process (USEP)

Awards & Recognition

  • United Way Local Leaders list (2022)