Climate Change Data

FirstService Corporation

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Governance
  • Human Capital Management
  • Health & Safety
  • Climate Change
  • Community Relations
  • Environmental Impact
  • Supply Chain Management

Environmental Achievements

  • FirstService Energy helps clients reduce buildings’ carbon footprint by developing strategies to reduce costs, consumption, and emissions.

Social Achievements

  • FirstService Residential received “Great Place To Work” certification in the U.S. and Canada in 2023.
  • Representation of women among leaders, managers, and executive officers was 47% in 2023.
  • Paint It Pink campaign raised over $550,000 since 2019.
  • Century Fire Protection's Charity Clay Shoot raised over $1,000,000 since 2018.
  • FirstService Relief Fund made 86 grants totaling over $1,300,000 in 2023.

Governance Achievements

  • Established governance structures for effective oversight and management of ESG, including climate change.
  • Board of Directors has ultimate responsibility for oversight of material ESG and climate change factors.
  • Nominating and Corporate Governance Committee oversees ESG and climate change, incorporating diversity considerations in Board nominations.

Climate Goals & Targets

Environmental Challenges

  • Assessing how to respond to revenue opportunities associated with a changing climate.
  • Understanding and assessing the environmental impact of operating companies.
Mitigation Strategies
  • Incorporating climate change response into corporate strategy, budgeting, business acquisition, and capital allocation decisions.
  • Working with stakeholders to understand and assess environmental impact.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Acute weather events
Opportunities
  • Revenue opportunities from enhancing energy efficiency or recovering from impacts of acute weather events.

Reporting Standards

Frameworks Used: ISSB IFRS S1 & S2, SASB (Real Estate Services, Professional & Commercial Services, Engineering & Construction Services Standards), TCFD

Awards & Recognition

  • Great Place To Work Certification (US and Canada)