Cogeco Inc. Sustainability Profile
Cogeco Inc., a prominent telecommunications and media company, is headquartered in Canada and operates primarily in Ontario and Quebec. Founded in 1957, Cogeco has established itself as a key player in the industry, providing a range of services including high-speed internet, digital television, and telephony. The company is renowned for its commitment to customer service and innovative solutions, distinguishing itself with unique offerings such as its advanced fibre-optic network. With a strong market position, Cogeco has achieved significant milestones, including numerous awards for service excellence and community engagement. As a trusted provider, Cogeco Inc. continues to enhance connectivity and entertainment options for its customers across its operational regions.
DitchCarbon Score
How does Cogeco Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Telecommunications Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cogeco Inc.'s score of 49 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cogeco Inc.'s reported carbon emissions
In 2024, Cogeco Inc. reported total greenhouse gas emissions of approximately 23,000,000 kg CO2e, comprising 10,192,000 kg CO2e from Scope 1 (mobile and stationary combustion) and 12,599,000 kg CO2e from Scope 2 (purchased electricity). The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 emissions by 65% by 2030, using 2019 as the base year. Additionally, Cogeco is committed to reducing Scope 3 emissions, specifically from downstream leased assets and employee commuting, by 30% within the same timeframe. Long-term goals include achieving a 90% reduction in both Scope 1 and Scope 2 emissions by 2050, alongside a similar 90% reduction in Scope 3 emissions. Furthermore, Cogeco aims for 50% of its suppliers, based on spend, to have science-based targets by 2025. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Cogeco's commitment to reaching net-zero greenhouse gas emissions across its value chain by FY2050.
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| 2024 | |
|---|---|
| Scope 1 | 11,450,000 |
| Scope 2 | 12,599,000 |
| Scope 3 | - |
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Cogeco Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cogeco Inc. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Cogeco Inc.'s sustainability data and climate commitments