Quebecor Inc.
Climate Impact & Sustainability Data (2020, 2023)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:14,853 tCO2e (Scope 1) + 219 tCO2e (Scope 2) in 2019
Scope 1 Emissions:14,853 tCO2e in 2019
Scope 2 Emissions:219 tCO2e in 2019
Scope 3 Emissions:Not disclosed
Renewable Energy Share:83% in 2019
Total Energy Consumption:314,435 MWh in 2019
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:3.49 metric tonnes of CO2e per million of dollars in revenue in 2019
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced greenhouse gas emissions by more than 50% (based on Scope 1 and 2 emissions in 2020) through electrification plan for fleet of 1000 cars and light trucks by 2030.
- Achieved 83% renewable energy use in 2019.
- Collected and recycled more than 9.9 million obsolete electronic devices since 2012 (Videotron's We Recycle program).
- Quebecor Media Printing obtained and maintained Forest Stewardship Council® (FSC® C111719) chain-of-custody certification since 2012.
Social Achievements
- $29 million in donations and sponsorships in 2020 (1.5% of adjusted EBITDA), supporting culture, entrepreneurship, community, environment, and employees.
- Launched an extended health and wellness program in 2020.
- Over 10,000 hours of training and talks delivered to employees in 2020 (Campus Quebecor training program).
- Partnership with Fondation Les Petits Rois for on-the-job mentoring program for young people with intellectual disabilities.
Governance Achievements
- Achieved 44% female representation on the Board of Directors in 2019 and maintained in 2020.
- 40% female representation in management committees of Quebecor and its subsidiaries as of December 31, 2020.
- 67% of Quebecor’s Board of Directors are independent.
- Established an Audit and Risk Management Committee and a Human Resources and Corporate Governance Committee.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Electrify entire fleet of 1000 cars and light trucks by 2030
Short-term Goals:
- Not disclosed
Environmental Challenges
- Fluctuations in customer demand for products.
- Fluctuations in the cost and availability of equipment and raw materials.
- Service interruptions due to equipment breakdown, network failure, natural disasters, epidemics, pandemics, or other public health crises.
- Seasonal fluctuations in customer orders.
- Pricing actions by competitors.
- Changes in the general economic environment.
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct addressing worker respect, ethical practices, conflict minerals, health & safety, and environmental responsibility.
Climate-Related Risks & Opportunities
Physical Risks
- Natural disasters
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: CDP
Certifications: FSC® C111719
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Scope 1 Emissions:11,642 tCO2e/year
Scope 2 Emissions:365 tCO2e/year
Renewable Energy Share:84%
Total Energy Consumption:321,026 MWh/year
ESG Focus Areas
- Culture
- Environment
- Employees
- Community
- Entrepreneurship
Environmental Achievements
- 84% of energy used comes from renewable sources
- 12 million electronic devices and accessories collected under the We Recycle program
- 187 electric, hybrid, and hydrogen vehicles in the fleets
- Offset more than the Videotron Centre’s total greenhouse gas emissions in 2023
- Planted nearly 3,700 trees in 2023
Social Achievements
- 3 homes for adults with intellectual or physical disabilities opened in 2023 with support from Quebecor
- $33 million in donations and sponsorships for the community in 2023
- Launched a number of new initiatives in 2023 as part of its Health and Wellness Program
- Introduced a DEI Policy to support an inclusive corporate culture
- Launched the Mets-toi à ma place training program to equip Videotron frontline employees to provide customer service in line with best practices in accessibility and inclusion
Governance Achievements
- 62.5% independent directors on the Board of Directors
- 50% women on the Board of Directors
- Introduced mandatory training on astroturfing in 2023
- Established an ESG Committee composed of managers and employees