Climate Change Data

Environmental Metrics

ESG Focus Areas

• Financial sustainability
• Passenger experience
• Social and environmental sustainability
• Airline productivity
• Exceptional leadership

Environmental Achievements

• Received dual LEED® Gold certification for central tower and terminal expansion (first Canadian airport to receive this honor)
• Substantially updated environmental management plan (EMP) to reflect new airport structure, strategic plan objectives, stakeholder engagement, planned sustainability efforts, and changes to corporate targets.
• Developed a corporate Carbon Management Strategy.
• Established a new corporate sustainability target using energy knowledge to drive action with positive impacts.
• Kept annual controlled emissions constant between 2014 and 2020.

Social Achievements

• EIA Charity Golf Classic raised $200,000 for local charities.
• Annual United Way campaign raised over $30,000 for local charities.
• 39% of employees logged volunteer hours.
• More than 1,400 musical performances in the airport, providing 4,330 hours of entertainment.
• Partnered with over 100 community groups and causes.
• Implemented a permanent pet therapy program.
• Airport Volunteer Ambassadors received new uniforms and a new name.

Governance Achievements

• Board undertook a review of corporate sustainability best practices.
• Board approved Edmonton Airports’ first report on sustainability plans, practices, and performance.
• Eliminated the position of Board Vice Chair, amalgamating duties into the Chair of the Governance and Human Resources Committee (effective January 1, 2016).
• Achieved a Certificate of Recognition (COR) from the Government of Alberta for excellence in OH&S.
• Increased S&P financial rating compared to 2014.

Climate Goals & Targets

Environmental Challenges

• Regional economy affected by global economic downturn, falling oil prices, and low Canadian dollar.
• Deep and sustained drop in energy prices strained Alberta economy; impacts continued through end of 2016.
• Total passenger volumes decreased by 2.7% due to declines in the transborder sector (-10.5%) and energy sector traffic (-19.5%).
• Reduced passenger volumes impacted revenues by $16.3 million below target.

Mitigation Strategies

• Sought operational efficiencies, improved customer service, and achieved industry-leading on-time performance.
• Increased employee engagement and improved EBITDA margins without layoffs.
• Closely managed earnings before interest, taxes, depreciation, and amortization (EBITDA) margin.
• Strategically deferred capital spending initiatives.
• Focused on attracting new airline services and destinations.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: LEED® Gold

Awards & Recognition

• LEED® Gold certification (Expansion 2012 and Combined Office Tower)
• Best workplace in Alberta for health and safety (Alberta Venture magazine)
• One of Alberta’s top employers (Postmedia and Mediacorp)
• Best performing airport in terms of concession sales (Airport Revenue News)
• Certificate of Recognition (COR) from the Government of Alberta for excellence in OH&S
• First place in Annual Reports and honorable mention in Unscheduled Communications (Airports Council International – North America)
• ACE Award for 2014 Annual Report
• Award of Merit from IABC Edmonton for EIA Brand Pride Book

Environmental Metrics

ESG Focus Areas

• Climate Change
• Reconciliation
• Sustainability
• Governance

Environmental Achievements

• Reduced Scopes 1 and 2 emissions by over 40% from 2014 to 2023.
• Implementation of CoGen system in 2021, reducing electricity purchased from the grid.

Social Achievements

• Established a new ESG department in 2023.
• Engaged in comprehensive stakeholder engagement and materiality assessment in 2024.
• Ongoing commitment to Indigenous partnerships and considerations.

Governance Achievements

• Enhanced alignment with TCFD framework since 2023.
• Climate-related governance structure with Board and Board Committee oversight.
• ESG principle adopted by the Board in 2022.

Climate Goals & Targets

Environmental Challenges

• Extreme weather conditions (-50ºC to 40ºC)
• Alberta electricity grid not yet committed to Net-Zero by 2050.
• Difficulty in setting Scope 3 emissions reduction targets due to limited control over sources.

Mitigation Strategies

• Development of a Comprehensive Net-Zero Plan with interim targets.
• Focus on on-site low-carbon electricity production and alternative fuels (hydrogen).
• Offsetting all staff business-related travel by 2025.

Supply Chain Management

Responsible Procurement

• Green procurement requirements for construction companies

Climate-Related Risks & Opportunities

Physical Risks

• Extreme cold and heat temperatures
• Thunderstorms, hail, and rain events
• Snowstorms
• Wind events
• Drought and wildfire risk

Transition Risks

• Market changes
• Competing technologies
• Reputational risks
• Policy and legal changes
• Technological changes

Opportunities

• Increased airfreight demand
• Alignment with airline partners on sustainability
• Regional asset development

Reporting Standards

Frameworks Used: GHG Protocol, Airport Carbon Accreditation (ACA), Airports Council International (ACI), International Civil Aviation Organization (ICAO), ISO 14064, Science Based Targets initiative (SBTi), TCFD