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OrganisationsAecon
Aecon logo

Aecon

Construction WorkCanadaPNK: AEGXF
Last verified 13 days agoaecon.com

Aecon Group Inc., commonly referred to as Aecon, is a leading player in the construction industry, headquartered in Canada. Established in 1877, the company has built a strong reputation across various operational regions, including Ontario and Western Canada. Aecon specialises in a diverse range of construction services, including infrastructure development, industrial construction, and urban transit solutions, setting itself apart with innovative approaches and a commitment to sustainability.

With a rich history marked by significant milestones, Aecon has successfully completed numerous high-profile projects, solidifying its position as a trusted partner in the construction sector. The company’s core offerings encompass project management, engineering, and construction services, all tailored to meet the unique needs of its clients. Aecon's dedication to quality and safety has earned it recognition as a leader in the Canadian construction market.

64
DitchCarbon score

+38 vs industry average

Aecon’s score of 64 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Medium

Construction Work has typical carbon intensity

Industry performance

0.195
20192025

The Construction Work industry has reduced its overall emissions by 33% since 2019

Emissions trajectory 2020 – 2027

000.0M000M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Aecon's reported carbon emissions

Aecon's latest reported greenhouse gas (GHG) emissions for 2024 indicate a total of approximately 595,366,000 kg CO2e. This figure is comprised of roughly 107,693,000 kg CO2e from Scope 1 emissions, approximately 3,522,000 kg CO2e from Scope 2 emissions, and about 484,151,000 kg CO2e from Scope 3 emissions. In 2023, Aecon reported total emissions of approximately 691,720,000 kg CO2e, with Scope 1 emissions at roughly 154,680,000 kg CO2e, Scope 2 at about 2,794,000 kg CO2e, and Scope 3 at approximately 515,255,000 kg CO2e. Looking back, in 2022, total emissions were approximately 171,554,000 kg CO2e (Scope 1: 165,098,000 kg CO2e; Scope 2: 3,209,000 kg CO2e; Scope 3: 3,247,000 kg CO2e). In 2021, total emissions were around 129,734,000 kg CO2e (Scope 1: 125,207,000 kg CO2e; Scope 2: 3,672,000 kg CO2e; Scope 3: 855,000 kg CO2e). For 2020, total emissions were approximately 140,355,000 kg CO2e (Scope 1: 137,232,000 kg CO2e; Scope 2: 2,425,000 kg CO2e; Scope 3: 698,000 kg CO2e). In 2019, Aecon reported total emissions of approximately 13,202,000 kg CO2e. Aecon has established significant climate commitments. The company has committed to reaching net-zero GHG emissions by 2050, with a 2022 base year. As a key step towards this goal, Aecon aims to reduce absolute Scope 1 and 2 GHG emissions by 50.4% by 2032. Additionally, Aecon is committed to reducing absolute Scope 3 GHG emissions from purchased goods and services, as well as fuel- and energy-related activities, by 30% within the same timeframe. Furthermore, their long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050, and a 90% reduction in absolute Scope 3 emissions across purchased goods and services, fuel- and energy-related activities, and upstream transportation and distribution by 2050. These targets are validated by the Science Based Targets initiative (SBTi) and are designed to align with the Paris Agreement's goal of limiting global warming to 1.5°C.

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Aecon’s Climate Goals (2030 & 2050)

3 goals

2030

30% reduction in Scope 1

In 2020, Aecon committed to achieving a 30% intensity-based reduction in scope 1 and 2 emissions by 2030 (from a 2020 baseline) and reaching…

At risk30%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2032 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Aecon logoAecon
CAConstruction Work
13 days ago
64
Igl Canada (Western) Ltd. logoIgl Canada (Western) Ltd.
CAWater Distribution
3 months ago
83
View
Ferrovial logoFerrovial
ESBusiness Services
21 days ago
81
View
Atkinsrealis logoAtkinsrealis
CAFinancial Intermediation
8 days ago
76
View
Framatome SAS logoFramatome SAS
FRMetal Fabrication
1 month ago
71
View
Acs logoAcs
ESConstruction Work
1 day ago
67
View
Hochtief logoHochtief
DEConstruction Work
22 hours ago
56
View

Frequently asked questions

Common questions about Aecon’s sustainability data and climate commitments

Aecon's total carbon emissions for 2024 are approximately 595 million kg CO₂e. This includes roughly 108 million kg CO₂e from Scope 1 emissions, about 3.5 million kg CO₂e from Scope 2 emissions, and nearly 484 million kg CO₂e from Scope 3 emissions. The significant portion of emissions stems from Scope 3, highlighting the impact of the company's supply chain activities. This data is crucial for stakeholders assessing Aecon's environmental footprint and sustainability efforts.

Data year: 2024

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