Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Improved energy and GHG efficiency by 7% and 10%, respectively
• More than 50% of energy requirements for electricity were supplied by renewable electricity sources
• Completed the voluntary adhesion of eligible sites to the Western Climate Initiative’s cap and trade system for GHG allowances
• 4% reduction in water use
• 84% valorization rate of waste

Social Achievements

• Invested $17 million CAD in internship program
• Contributed $5 billion in employee benefits
• Completed a pulse survey to gather employee feedback
• Formalized future diversity and inclusion strategy
• Launched a number of awareness campaigns, including unconscious bias webinars for managers

Governance Achievements

• Renewed Code of Ethics and Supplier Code of Conduct
• Updated ethics and compliance online training portfolio
• Strengthened ethical leadership development program for managers
• Strengthened our ethics and compliance on-boarding process for new employees

Climate Goals & Targets

Environmental Challenges

• Challenges and delays on key legacy rail projects
• Global economic and sanitary crisis caused by the COVID-19 pandemic
• Risks associated with general economic conditions, risks associated with our business environment, operational risks, financing risks, market risks

Mitigation Strategies

• Strengthened processes to reduce risks in our supply chain
• Streamlined aerospace and rail businesses
• Reshaped rail business, improving design-to-production process
• Accelerated the deleveraging of our balance sheet through the sale of our Transportation division to Alstom SA
• Implementing measures to protect employees, customers and suppliers and limit the spread of the virus

Supply Chain Management

Responsible Procurement

• Revised Third-Party Due Diligence Policy
• Reviewed Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather

Transition Risks

• New regulations and technology

Opportunities

• Increase R&D in clean products development and electrification
• Improve energy efficiency in our operations
• Source renewable energy
• Secure the long-term supply of sustainable aviation fuels
• Optimize carbon offsets

Reporting Standards

Frameworks Used: Global Reporting Initiative Standards, International Integrated Reporting Council framework

Certifications: ISO 14001

Third-party Assurance: Partially verified by an external party; Energy and GHG emissions data from Belfast, UK site verified by BSi Assurance UK Ltd.; nine Transportation sites receive annual external verification under the EMAS; two sites in Montréal receive external verification for GHG emissions under the Québec cap-and-trade system

Sustainable Products & Innovation

• Global 7500 aircraft (designed using a total life-cycle approach)

Environmental Metrics

ESG Focus Areas

• Ethical standards
• Sustainable business practices
• Supporting communities
• Diversity, inclusion and equality

Environmental Achievements

• Global 7500 aircraft received an Environmental Product Declaration (EPD)

Social Achievements

• Offered more than 1,000 paid internship positions for 2021
• Reaffirmed diversity, inclusion and equality as integral parts of Bombardier’s culture
• Committed to intensifying focus on recruiting and developing a more diverse workforce
• Bombardier employees supported essential workers on the frontlines fighting the COVID-19 pandemic

Governance Achievements

• All accomplishments in 2020 were achieved with a complete commitment to the highest ethical standards

Climate Goals & Targets

Environmental Challenges

• Unprecedented challenges due to the global pandemic
• Sharpest decline in passenger rail traffic ever
• Business jet usage fell to levels far worse than during the 2007-08 financial crisis
• Higher than expected debt load due to the pandemic
• Infrastructure too large for current market conditions

Mitigation Strategies

• Took immediate steps to reduce costs, preserve cash and improve liquidity
• Reset production rates and global supply chains
• Implemented a new set of safety protocols across all sites
• Completed strategic divestitures
• Effective debt management strategy
• Addressing cost structure to be profitable in current market conditions
• Company-wide initiative to drive productivity
• Optimizing Bombardier’s manufacturing footprint
• Consolidation of Global aircraft completion work
• Reviewing options for underutilized hangar and industrial space
• Ending production of Learjet aircraft

Supply Chain Management

Responsible Procurement

• All suppliers must comply with our Supplier Code of Conduct

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Global 7500 aircraft

Awards & Recognition

• Global 5500 and Global 6500 were recognized by AIN magazine as the best new business jets in 2020

Environmental Metrics

ESG Focus Areas

• Greenhouse gas emissions reduction
• Safety
• Workforce diversity
• Employee engagement
• Sustainable aviation fuel (SAF)
• R&D investment in greener aircraft
• Community investment

Environmental Achievements

• Published the world’s first environment program declaration (EPD)-certified aircraft for its Global 7500

Social Achievements

• Invested $14.1M in local communities worldwide between 2016 and 2021
• The J. Armand Bombardier Foundation invested $24.4M between 2016 and 2021 in local initiatives

Governance Achievements

• Published its first integrated ESG report in October 2021

Climate Goals & Targets

Environmental Challenges

• Inflation pressures
• Supply chain disruptions
• Geopolitical tensions

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Challenger 3500 aircraft (designed with a sustainable lens)

Awards & Recognition

• Not disclosed