Cogeco Communications Inc., commonly known as Cogeco, is a prominent player in the post and telecommunication services industry, headquartered in Canada. Founded in 1957, the company has established a strong presence in key operational regions, including Ontario and Quebec, providing a range of essential services.
Cogeco is renowned for its high-speed internet, digital television, and telephony services, catering to both residential and business customers. The company distinguishes itself through its commitment to customer service and innovative technology solutions. With a focus on enhancing connectivity, Cogeco has achieved significant milestones, including numerous awards for service excellence.
As a leading telecommunications provider, Cogeco continues to strengthen its market position, driven by a dedication to quality and community engagement. Its unique offerings and strategic growth initiatives have solidified its reputation as a trusted name in the industry.
+24 vs industry average
Cogeco’s score of 68 is higher than 73% 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
Post and Telecommunications Services is among the least carbon-intensive industries
Industry performance
The Post and Telecommunications Services industry has reduced its overall emissions by 39% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Cogeco's reported carbon emissions
Cogeco, a post and telecommunication services company headquartered in Canada, has reported its greenhouse gas emissions and established ambitious climate commitments.
For the 2023 reporting year, Cogeco's total global emissions were approximately 201,036,000 kg CO2e. This total comprised about 12,528,000 kg CO2e from Scope 1 emissions (mobile combustion) and approximately 13,133,000 kg CO2e from Scope 2 emissions (purchased electricity). Scope 3 emissions accounted for the largest portion, totalling around 175,376,000 kg CO2e.
In 2022, Cogeco's total global emissions were approximately 167,934,000 kg CO2e. This included Scope 1 emissions of about 12,463,000 kg CO2e, Scope 2 emissions of approximately 17,434,000 kg CO2e, and Scope 3 emissions totalling around 138,037,000 kg CO2e.
Cogeco's climate strategy includes significant reduction targets:
- Net Zero: Cogeco aims to achieve net zero greenhouse gas emissions across its value chain by 2050. This is a long-term commitment encompassing all scopes.
- Near-Term Absolute Reductions (Scope 1 & 2): The company has committed to a 65% reduction in absolute Scope 1 and 2 operational emissions by FY2030, using FY2019 as a base year.
- Near-Term Absolute Reductions (Scope 3): Cogeco targets a 30% reduction in absolute Scope 3 emissions from employee commuting and downstream leased assets by FY2030, also based on FY2019. Additionally, a 40% reduction in Scope 3 emissions from purchased goods and services, capital goods, and upstream transportation and distribution is targeted by FY2035.
- Long-Term Absolute Reductions (Scope 1, 2 & 3): Cogeco has set a long-term goal to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 base year. A similar 90% reduction in absolute Scope 3 GHG emissions is also committed for the same timeframe.
These targets have been validated by the Science Based Targets initiative (SBTi), aligning with a 1.5°C warming scenario. Cogeco is reportedly on track for its near-term Scope 1 and 2 absolute operational emissions reduction target.
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Cogeco’s Climate Goals (2030 & 2050)
4 goals2030
65% reduction in all scopes
65% reduction of our absolute operational emissions
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.
See all 4 climate goals
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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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Cogeco
Frequently asked questions
Common questions about Cogeco’s sustainability data and climate commitments
Data year: 2023
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