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.
+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
Construction Work has typical carbon intensity
Industry performance
The Construction Work industry has reduced its overall emissions by 33% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
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 goals2030
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…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Aecon’s sustainability data and climate commitments
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