03:37 PM EDT, 10/31/2024 (MT Newswires) -- Rogers Communications (RCI-A.TO, RCI-B.TO) on Thursday announced its net-zero greenhouse gas (GHG) emissions targets have been approved by the Science Based Targets initiative (SBTi), a global organization for corporate climate goals that validates submitted targets and action plans to ensure they are in line with the Paris Agreement.

In a statement Rogers said its action plan will aim to deliver on environmental commitments in four key areas: Increasing energy efficiencies across its operations and network; Transitioning its fleet to electric and hybrid vehicles; Expanding its renewable energy strategy; and Engaging suppliers to set their own science-based targets.

Rogers said its efforts have already reduced scope 1 and 2 GHG emissions by 33% since 2019. Rogers added its long-term net-zero targets are to reduce absolute scope 1, 2 and 3 GHG emissions to net-zero by 2050.

According to Thursday's statement, Rogers is the first national carrier in Canada to have approved science-based net-zero targets published by SBTi.

Price: 50.81, Change: -0.37, Percent Change: -0.72