RVBA-STANT

Stantec — full event log

Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.

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2023· 5 events

Acquisition of ESD (United States)Data confidence — high

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

sustainability_report p.116

Limited third-party assurance maintained (ISO 14064-3)Data confidence — high

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.

sustainability_report p.138

Office footprint reduced 30% from 2019 baselineData confidence — high

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.

sustainability_report p.251

Carbon neutral operations maintainedData confidence — high

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.

sustainability_report p.255

Added ride-hailing services to Scope 3 business travelaffects scope 3 business travelData confidence — high

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

sustainability_report p.116

2022· 8 events

Limited third-party assurance under ISO 14064-3 for Scope 1, 2 and 3Data confidence — high

Scope 1, Scope 2 (location and market) and reported Scope 3 categories (purchased goods, fuel-and-energy-related, business travel) received limited assurance under ISO 14064-3.

sustainability_report p.110

Net zero by 2050 commitmentData confidence — high

Stantec committed to achieving net zero by 2050 via a four-phase plan (interim carbon neutral achieved 2022, transition from offsets to insets, alignment with SBTi Net Zero Standard).

sustainability_report p.57

Multiple acquisitions integrated (Cardno, Barton Willmore, L2P, Cox-McLain, Driven by Values)Data confidence — high

Stantec integrated five acquisitions into 2022 emissions reporting: Cardno (AU/US), Barton Willmore (UK), L2P (US), Cox-McLain Environmental Consulting (US), and Driven by Values (NL). Cardno added ~2,700 environmental scientists and a native plant nursery operation. Acquisitions added ~6,222 tCO2e to Scope 1+2.

sustainability_report p.64

Operational boundary expanded to include nursery, drill rigs, leased private jet, and wasteData confidence — high

Following Cardno acquisition, Stantec expanded its operational boundary to include native plant nursery operations (energy, fertilizer, deliveries), owned drill rigs, leased private jet (Scope 3 business travel), and waste generated in operations (new Scope 3 Cat 5 calculation).

sustainability_report p.64

Achieved carbon neutrality for global operations in 2022Data confidence — high

Stantec achieved carbon neutral status for global operations in 2022 via renewable energy procurement, sustainable aviation fuel, and certified carbon offsets, as Phase 2 of its net-zero roadmap.

sustainability_report p.17

Large-scale renewable energy procurement reduced market-based Scope 2Data confidence — high

Through onsite generation, green tariffs and unbundled EACs (~66,668 MWh renewable), Stantec reduced market-based Scope 2 by ~20,600 tCO2e versus prior year, dramatically lowering combined Scope 1+2 emissions.

sustainability_report p.58

COVID-19 pandemic and post-pandemic rebound affecting emissions trajectoryData confidence — high

Stantec notes that 2022 emissions reductions are partially attributable to lingering COVID-19 office closures and reduced travel, with management expecting some rebound. Targets not yet marked as achieved despite numbers meeting 2030 SBT levels.

sustainability_report p.49

30% real estate footprint reduction commitment by end of 2023Data confidence — high

Stantec committed to reduce existing global real estate footprint by 30% (~1.3 million sq ft) by end of 2023 vs 2019 baseline, projected to deliver $38–45M in cost savings and ongoing emissions reductions.

sustainability_report p.35

2021· 13 events

SBTi-validated 1.5°C near-term targets approvedData confidence — high

In 2021, Stantec set and had approved by SBTi two 1.5°C-aligned absolute emissions reduction targets: 47% reduction in Scope 1 + Scope 2 market-based by 2030 from 2019 base, and 47% reduction in Scope 3 business travel by 2030 from 2019 base.

sustainability_report p.16

Added employee commuting and additional Scope 3 categoriesData confidence — high

Stantec expanded Scope 3 inventory to include employee commuting, hotels in business travel, and furniture/mobile phones/computers in purchased goods and services.

sustainability_report p.26

Six acquisitions completed in 2021 including CardnoData confidence — high

Stantec acquired Cardno (US/Australia, ~2,750 staff), Cox McLain, Driven by Values, Engenium, GTA Consultants, and Paleo Solutions. Three (Engenium, GTA, Paleo) were included in 2021 emissions; Cardno, Cox McLain, Driven by Values acquired late in year and excluded from 2021 emissions.

sustainability_report p.26

2019 Scope 3 baseline restated for SBTi validationData confidence — high

Base year 2019 Scope 3 emissions adjusted during SBTi validation: added hotels in business travel; added furniture, mobile phones, computers in purchased goods; added employee commuting calculation; updated GWP factors.

sustainability_report p.26

1.5°C SBTi-validated near-term targets set (Scope 1+2 and Scope 3 business travel, 47% by 2030)Data confidence — high

In 2021 Stantec set two 1.5°C-aligned science-based targets approved by SBTi: 47% absolute reduction in Scope 1 and Scope 2 (market-based) emissions by 2030 from 2019 baseline, and 47% reduction in Scope 3 business travel emissions by 2030 from 2019 baseline.

sustainability_report p.42

Net zero by 2050 commitmentData confidence — high

Stantec committed to net zero by 2050 and committed to seek SBTi validation within 2 years. Plan includes phased approach via carbon neutral 2022, transition from offsets to insets, then SBTi Net Zero Standard alignment.

sustainability_report p.21

COVID-19 lockdowns temporarily depressed emissionsData confidence — high

Stantec notes 2021 emissions reductions partly due to pandemic-related office closures and travel restrictions; rebound expected in 2022. Targets not marked achieved despite numbers meeting 2030 levels.

sustainability_report p.17

30% real estate footprint reduction by 2023 announcedData confidence — high

Stantec announced flexible workplace strategy targeting 30% reduction in worldwide real estate footprint by 2023 vs 2019 baseline, with $38-45M annual cost savings expected.

sustainability_report p.15

Sustainability-linked loan with SBT KPIData confidence — high

Stantec aligned company-wide financing with a sustainability-linked loan, with KPI tied to attainment of 1.5°C SBTs.

sustainability_report p.4

Limited third-party assurance under ISO 14064-3Data confidence — high

Scope 1, Scope 2 (location and market) verified at 100%, Scope 3 verified at 87% under ISO 14064-3 limited assurance.

sustainability_report p.47

SBTi-validated 1.5°C near-term target: 47% reduction by 2030Data confidence — high

Stantec set SBTi-approved 1.5°C aligned absolute target to reduce Scope 1, Scope 2 market-based, and Scope 3 business travel emissions by 47% from 2019 baseline by 2030.

sustainability_report p.230

100% renewable electricity by 2030 targetaffects renewable energy pctData confidence — high

Organization-wide commitment to reach 100% renewable electricity consumption by 2030, achieved 94.62% in 2023.

sustainability_report p.239

Switched intensity SBT to absolute SBTData confidence — high

Previous intensity targets (40% reduction Scope 1+2 per FTE by 2021 from 2013; 20% Scope 3 per FTE by 2021 from 2018) were achieved and replaced by new absolute SBTi-validated 1.5°C-aligned targets.

sustainability_report p.21