StorageVault Canada Inc.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Waste Generated:58,000 cubic meters diverted from landfill
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Largest solar, motion-sensored, and LED lighting and in-floor radiant heating installations in the Canadian storage industry
- Paperless systems in self, portable, and back office
- Paper shredding and recycling segment saved over 260,000 trees in 2022
Social Achievements
- Recognized in The Globe and Mail’s Report on Business, Women Lead Here list
- Support of over 200 charity and community programs across the country
- Offering personal health and wellness seminars within the organization
Governance Achievements
- Diverse Board and Management team
- Annual Board review and vote to approve executive compensation
- Recognized in The Globe and Mail’s 2022 Report on Business Women Lead Here list
Climate Goals & Targets
Short-term Goals:
- Complete 25,000 to 50,000 square feet of expansion within the next 12 months
Environmental Challenges
- Supply chain disruptions
- Increased competition to acquire existing stores
- Uncertainty in the Canadian economy
- Increased operating costs (property tax, staffing, insurance, repairs, utilities)
Mitigation Strategies
- Disciplined purchasing focus on Canada's top markets
- Leveraging scale for better rates on various services
- Implementing revenue management system
- Controlling costs on recently purchased assets
- Procuring recent or updated environmental reports for all acquisitions
- Prohibiting storage of hazardous substances
Supply Chain Management
Responsible Procurement
- Sale of moving and packaging supplies made from recycled materials
Climate-Related Risks & Opportunities
Physical Risks
- Floods, earthquakes, severe winter storms
Awards & Recognition
- The Globe and Mail’s 2022 Report on Business Women Lead Here list