RVBA-STANTListed

Stantec

Architecture & Engineering·Engineering & Construction
STN (NYSE)·Edmonton·CA
Verified credentials
SBTi Validated1.5°CCDP Listed
Company website
Decarbonisation trajectory · all scopes
Scope 1 + 2· base 2019 · 17k tCO2e

Headline intensities

Reporting year 2023·Values in USD ($)· normalised from CAD at FY2023 avg rate
Peer cohort: Architecture & Engineering · lower is better
Revenue intensity
Carbon / $m revenue
tCO2e / $m

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

no peer comparison yet
Operational intensity
Carbon / $m OpEx
tCO2e / $m

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

no peer comparison yet
Economic intensity
Carbon / $m EVIC
tCO2e / $m

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

no peer comparison yet
Asset intensity
Carbon / $m PP&E + leased
tCO2e / $m

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

no peer comparison yet
Workforce intensity
Carbon / FTE
0.60tCO2e / FTE

Carbon per FTE (full-time-equivalent employee) — the diagnostic measure for people-leveraged businesses where headcount, not capital, drives delivery. Captures the office, energy and travel footprint per person.

no peer comparison yet

Climate action evidence

9 records · 1 source
Carbon credits retired
50,760 tCO2e
9 retirements · FYNaN–NaN · third-party verified
By credit quality
  • Nature-based removals50,200 tCO2e(99%)
  • Unclassified560 tCO2e(1%)
Retirement records(top 8 by volume of 9)
  • 2023 ILTF/NICC & SIG Keweenaw Bay Indian Community Forest Carbon Project · acr15,000 tCO2e
  • 2023 ILTF/NICC & Blackfeet Indian Nation Forest Carbon Project · acr15,000 tCO2e
  • 2023 ILTF/NICC & Blackfeet Indian Nation Forest Carbon Project · acr7,600 tCO2e
  • 2022 ILTF/NICC & Blackfeet Indian Nation Forest Carbon Project · acr7,600 tCO2e
  • 2023 ILTF/NICC & Blackfeet Indian Nation Forest Carbon Project · acr4,000 tCO2e
  • 2022 ILTF/NICC & Blackfeet Indian Nation Forest Carbon Project · acr1,000 tCO2e
  • 2020-01-01 CO2 UTILIZATION IN CONCRETE - Removals & Reductions - CarbonCure - U.S. Project #1 · verra360 tCO2e
  • 2023-01-01 CO2 Utilization in Concrete ‚Äì Removals & Reductions ‚Äì CarbonCure ‚Äì U.S & Canada Project #1 · verra100 tCO2e
+ 1 more retirement not shown
Renewable electricity
95 %
Self-reported renewable electricity share, FY2023
Sources
  • · berkeley_voluntary_registry
Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

Targets

Near-term

2 targets
ScopeBaseTargetReductionAlignmentProgressStatus
Scope 1 + 2Absolute20192030−47%1.5°C
1.7% reductionof −47% target · 4% there
Off track
Scope 3Absolute20192030−47%insufficient data

⚠ Some targets show progress vs the earliest extracted year as a baseline approximation. The real base-year value will be used once historical reports are extracted.

Progress · absolute tCO2e

Scope 1 + 2 trajectory vs target
Scope 1 + 2 · 47% by 2030 · 1.5°C
ActualLinear1.5°C
no Scope 3 trajectory data

Latest news· last 5 of 26

full news log →
  • Limited third-party assurance maintained (ISO 14064-3)

    Scope 1, 2 and Scope 3 (purchased goods, FERA, business travel, employee commuting) emissions verified to limited assurance level annually under ISO 14064-3. UK operations subset verified to reasonable assurance.

    2023
  • Office footprint reduced 30% from 2019 baseline

    Three-year real estate consolidation initiative concluded in 2023, reducing real estate footprint by over 30% vs 2019, saving approximately $43M total ($14M/year), with additional 10% reduction targeted by 2026.

    2023
  • Carbon neutral operations maintained

    Stantec maintained carbon neutrality for second consecutive year (2022 and 2023) by purchasing carbon offsets to balance residual emissions, including Great Bear Forest, wind power India, CarbonCure, and REDD projects.

    2023
  • Added ride-hailing services to Scope 3 business travel

    Emissions boundary expanded to include ride-hailing services in Scope 3 business travel category.

    2023
  • Acquisition of ESD (United States)

    Stantec completed acquisition of ESD in June 2023, included in 2023 reporting period. Added approximately 495 tCO2e to Scope 1+2 emissions.

    2023

Latest reporting year· 6 earlier years on Data-by-year tab

all years + ratios →

2026

reporting year
Financials
Revenue
OpEx
FTE
Market cap (FY-end)
Climate
Scope 1
Scope 2 (market)
Scope 2 (location)
Scope 3 total

Source documents· FY2024· 2 earlier docs on Data-by-year tab

all documents →
cdp response2024
via jina search · 1.2 MB
extractedOPEN PDF ↗