Aecon: 2024-Annual-Report
Press Release
Aecon’s Purpose and Impact
Aecon’s purpose is to build what matters to enable future generations to thrive. We build and operate nfrastructure that meets today’s needs while addressing some of society’s most urgent priorities, such as advancing the energy transition and building climate resilient infrastructure. As we do this essential work, we’re guided by our purpose, inspired by the positive difference that infrastructure can make for people, and we’re committed to acting responsibly in every area of our business.
Aecon’s sustainability strategy is focused on two key areas:
What we Build: From clean energy assets to sustainable transportation and water management infrastructure, Aecon is working with its clients to advance the energy transition and lay the foundations for thriving, sustainable communities.
How we Build: Aecon is working with researchers, innovators, suppliers, leading public and private sector clients, and local and Indigenous communities to drive progress in sustainable construction.
2024 Performance
59% of 2024 revenue tied to sustainability projects1
78% share of backlog tied to sustainability projects1
34% cumulative reduction to-date since 2020 in Scope 1 and Scope 2 emissions based on intensity-based targets relative to revenue, surpassing our reduction target in advance of the target date of 2030
$127 million in procurement of goods and services from the Indigenous economy 0.59 Total Recordable Injury Frequency
Awards and Recognition
n 2024, Aecon received the following sustainability awards and recognition:
SBTi Approved GHG Emission Reduction Targets
Aecon’s climate targets earned the Science-Based Targets Initiative (SBTi) approval in 2024
Gold Participation Tier
Government of Canada’s Net-Zero Challenge
Gold Status
ReNew Canada (recognizing role in 19 of Canada’s 100 largest infrastructure projects, including the top 5)2
Best ESG Reporting (small cap)
IR Magazine Awards – Canada
Platinum Winner
Corporate Social Responsibility Publication – Annual Report – Marcom Awards
Social Responsibility Award
Gordie Howe International Bridge – International Bridge Council Tunnel and Turnpike Association
Sustainability Report
Aecon’s 2024 Sustainability Report will be released in April 2025. To read our latest Sustainability Report and view our climate disclosures, please visit aecon.com/sustainability.
IBF4
