Stingray Group Inc.
Climate Impact & Sustainability Data (2023-2024)
Reporting Period: 2023-2024
Environmental Metrics
ESG Focus Areas
- Social Prosperity
- Responsible Business
- Environmental Engagement
Environmental Achievements
- Implemented waste sorting system and partnered with Electronic Recycling Association (ERA) for e-waste recycling.
- Raised $10,000 from used equipment auction, donated to Equiterre.
- Donated $5,000 to plant 5,000 trees through Stingray Naturescape and One Tree Planted partnership, receiving OTT.X Impact Award.
Social Achievements
- Donated over $1M to more than 60 charitable organizations.
- Contributed $8.36 million to Canadian Content Development (CCD) and Tangible Benefit (TB) programs.
- Launched Stingray Rising Stars program, providing bursaries to emerging Canadian artists.
- 30% women on the Board of Directors, 32% women in management positions, 40% women in the workforce, 11% employees identifying as visible minorities.
Governance Achievements
- Established a Corporate Governance Committee overseeing sustainability governance.
- Engaged an independent party to provide guidance and training on sustainability integration.
- Implemented mandatory cybersecurity training for all employees, keeping phishing susceptibility rates below industry average.
Climate Goals & Targets
Environmental Challenges
- Identifying and managing Stingray's carbon footprint.
- Maintaining journalistic integrity and transparency in news programming.
Mitigation Strategies
- Ongoing discussions to assess and manage carbon footprint.
- Adherence to RTDNA Canada code of ethics and Canadian Broadcast Standards Council guidelines for news programming.
- Strict separation of commercials from newscasts to maintain integrity.
Supply Chain Management
Responsible Procurement
- Sustainable procurement practices, partnering with DELL for office products.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SASB
Awards & Recognition
- OTT.X Impact Award