Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Stewardship
• Social Leadership
• Strong Governance

Environmental Achievements

• Completed a comprehensive GHG inventory
• LOGISTEC Stevedoring and TERMONT acquired new eco-efficient cranes
• Achieved a Level 3 Green Marine score
• Launched a recycling program
• Launched resource consumption and waste reduction initiatives
• Expanded water recovery program
• Collaborated on the ZIBI Project (most sustainable community in Canada)
• Opened the first dedicated CDR fines recovery facility in North America
• Assisted the Iqaluit community in Nunavut in gaining access to safe drinking water

Social Achievements

• Launched Diversity, Inclusion, and Belonging policy and steering committee
• Developed curriculum and launched the new LOGISTEC Talent Academy
• Launched Journey to Zero Incident program
• Expanded LOGISTEC Wellness Program
• Refined framework for community investment Kindness Program
• Supported Uquutaq Society's non-profit housing program in Nunavut

Governance Achievements

• Integrated climate-related risks into ERM program
• Completed a comprehensive review of all corporate policies for ESG consideration
• Established an ESG Oversight Committee
• 40% of LOGISTEC’s Board members were women and 40% of our executive officers were women in 2021

Climate Goals & Targets

Environmental Challenges

• Aging water main infrastructure
• Lead leaching into drinking water
• PFAS pollution
• Contaminated orphaned lands
• Supply chain uncertainty

Mitigation Strategies

• Investing in climate-resilient water infrastructure
• Developing technologies to remove PFAS
• Commercializing technologies to recycle CDR debris
• Innovation and agility
• Developing an action plan to engage with major suppliers to reduce emissions

Supply Chain Management

Responsible Procurement

• Developing an action plan to engage with major suppliers to reduce emissions

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Green Marine, FTSE Russell’s Green Revenues Classification System (GRCS)

UN Sustainable Development Goals

• Goal 3
• Goal 4
• Goal 5
• Goal 6
• Goal 7
• Goal 8
• Goal 9
• Goal 11
• Goal 12
• Goal 13
• Goal 14
• Goal 15

Sustainable Products & Innovation

• ALTRA Proven Water Technologies
• CDR fines recovery technology

Awards & Recognition

• International Heavy Lift Awards – Terminal Operator of the Year & Safety Award
• Signal Mutual’s Frank R. Sharp Executive Leadership Award for Safety
• Solar Impulse Efficient Solution designation
• Envirolys Innovation and Environmental Protection Award
• Canada’s Clean50 Top Project

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Water resources preservation
• Circular economy solutions
• Safety
• Health and wellness
• Diversity, inclusion and belonging
• Community investment
• Integrity, commercial ethics and strong governance
• Board diversity

Environmental Achievements

• 18 Green Marine-certified terminals
• Purchase of electric hybrid mobile harbour cranes
• Implementation of a preventative maintenance program to reduce environmental risks
• Lean and Green framework adaptation for greenhouse gas emissions reduction by 20% in five years
• 40% of revenue generated from clean revenue

Social Achievements

• 90% employee engagement rate
• Two university scholarships for Indigenous students
• Community involvement initiatives (Centraide/United Way, Holiday Food Drive, Media Food Drive, A Brilliant Night, SeaPort Manatee Trucking Summit, Toys for Tots, Grand Défi Pierre Lavoie)
• Investments in teams increased

Climate Goals & Targets

Environmental Challenges

• Postponement of some key projects in environmental services
• Challenges in sourcing materials for production facility
• Labour shortages
• Rising shipping costs
• Sourcing and procurement issues
• Extreme weather events

Mitigation Strategies

• Strategic realignment of teams in environmental services
• Strengthened sales force and aligned business lines for better efficiencies
• Investments in new technologies and solutions
• Development of innovative solutions (ALTRA 10X, ALTRA PFAS technology)
• Strategic acquisitions (American Process Group, Federal Marine Terminals)
• Continuous improvement initiatives
• Journey to Zero safety program

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Energy transition
• Increase in regulatory frameworks

Opportunities

• Development of energy-efficient products
• Growth in renewable energy sector

Sustainable Products & Innovation

• ALTRA 10X
• ALTRA 3D
• ALTRA PFAS technology

Awards & Recognition

• Francis R. Sharp Executive Leadership Award for Safety
• Terminal Operator of the Year, International Heavy Lift Awards
• Award for Safety in Bulk Handling
• Innovation and Environmental Protection Award (SANEXEN)
• Canadian Business Hall of Fame (Madeleine Paquin)
• Great Builders of the Québec Economy (Madeleine Paquin)
• Distinction Award for Best Company (SANEXEN)
• Circular Initiatives Award (SANEXEN)