TELUS was also ranked the 2nd most sustainable
company in Canada and ranked 21st out of 500 companies,
globally, further highlighting its leadership in sustainability and
social capitalism
VANCOUVER, BC, June 25,
2024 /CNW/ - Today, TELUS proudly announced that it
has been recognized by TIME Magazine and Statista in their
inaugural list of the World's Most Sustainable Companies, ranking
21st out of 500 global companies overall. Notably, TELUS was ranked
the 2nd most sustainable Canadian company and took first place as
the most sustainable telecommunications company in
Canada. These accolades reflect TELUS' global leadership in
corporate citizenship and philanthropy, innovation management and
environmental and social reporting for more than two decades.
TIME Magazines' World's Most Sustainable Companies were selected
through a rigorous four step process and data analysis that
considered over 20 key performance indicators including emissions
and energy intensity, disclosure of its sustainability to investors
assessed by the Sustainability Accounting Standards Board (SASB)
and Carbon Disclosure Project (CDP) Score – reflecting TELUS'
exceptional "A- leadership" ranking of its operations. Of the more
than 5,000 eligible companies globally, only 500 companies were
recognized as delivering the most impactful sustainability outcomes
and building a more sustainable world.
"Our team's commitment to sustainability is foundational to our
leadership in social capitalism. Indeed, earning recognition as the
top ranking Canadian communications company in respect of
sustainability by TIME Magazine reinforces our dedication to not
only eliminating our carbon footprint, but as well, helping
proactively improve the health of the planet our children will
inherit, while also creating meaningful value for our fellow
citizens," said Darren Entwistle,
President and CEO, TELUS. "Thanks to the unparalleled efforts of
our team, we have set ambitious environmental and sustainability
targets to help ensure the well-being of our societies. I am
incredibly grateful to our team for their passionate commitment to
improving the social, economic, environmental and health outcomes
in the communities where our team members live, work and serve on a
global basis."
Driven by its leadership in social capitalism, TELUS has
committed to ambitious science-based greenhouse gas emission
reduction targets and is on track to become a carbon neutral
company by 2030 or sooner. TELUS is continuing to implement
sustainable practices across its business including:
- Enabling reforestation and nature restoration by planting 12.7
million trees since 2000.
- Diverting 15 million devices from landfills and upcycling and
recycling four million mobile devices since 2010.
- Executing four virtual Power Purchase Agreements in
Alberta for wind and solar
generated electricity, keeping TELUS on track to source 100% of its
electricity requirements from renewable or low-emitting sources by
2025.
- Investing in socially-responsible tech start-ups including
Flash Forest, a drone reforestation company that is rapidly
restoring areas impacted by wildfires and veritree, a nature-based
solutions company that provides verified restoration of kelp
forests and mangroves to mitigate climate change and enhance
biodiversity.
- Becoming the first company in Canada to issue a Sustainability-Linked Bond
(SLB) tying our cost of borrowing directly to our success in
achieving sustainability targets. To date, TELUS has issued
$3.7 billion CAD and $900 million USD under this framework with a
target of reducing absolute Scope 1 and 2 GHG emissions by 46 per
cent from 2019 levels by 2030.
- Launching TELUS Environmental Solutions, offering a range of
tech-enabled nature-based solutions designed to deliver positive
social and environmental impacts for customers in the areas that
need it most.
- Advancing the agriculture and consumer goods sector by
leveraging our technology and digital analytics to reduce waste and
optimize resource consumption.
- Enhancing healthcare sustainability through digital health
technologies, reducing paper use, energy consumption and carbon
emissions while promoting equitable access to care.
To learn more about TELUS' commitment to social capitalism and
sustainability, visit telus.com/sustainability.
About TELUS
TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading
communications technology company with more than $20 billion in annual revenue and over 19 million
customer connections spanning wireless, data, IP, voice,
television, entertainment, video, and security. Our social purpose
is to leverage our global-leading technology and compassion to
drive social change and enable remarkable human outcomes. Our
longstanding commitment to putting our customers first fuels every
aspect of our business, making us a distinct leader in customer
service excellence and loyalty. The numerous, sustained accolades
TELUS has earned over the years from independent, industry-leading
network insight firms showcase the strength and speed of TELUS'
global-leading networks, reinforcing our commitment to provide
Canadians with access to superior technology that connects us to
the people, resources and information that make our lives
better.
Operating in 32 countries around the world, TELUS International
(TSX and NYSE: TIXT) is a leading digital customer experience
innovator that designs, builds, and delivers next-generation
solutions, including AI and content moderation, for global and
disruptive brands across strategic industry verticals, including
tech and games, communications and media, eCommerce and fintech,
banking, financial services and insurance, healthcare, and
others.
TELUS Health is a global healthcare leader, which provides
employee and family primary and preventive healthcare and wellbeing
solutions. Our TELUS team, along with our 100,000 health
professionals, are leveraging the combination of TELUS' strong
digital and data analytics capabilities with our unsurpassed client
service to dramatically improve remedial, preventive and mental
health outcomes covering nearly 70 million lives, and growing,
around the world. As the largest provider of digital solutions and
digital insights of its kind, TELUS Agriculture & Consumer
Goods enables efficient and sustainable production from seed to
store, helping improve the safety and quality of food and other
goods in a way that is traceable to end consumers.
Driven by our determination and vision to connect all citizens
for good, our deeply meaningful and enduring philosophy to give
where we live has inspired TELUS and our team to contribute
$1.7 billion, including 2.2 million
days of service since 2000. This unprecedented generosity and
unparalleled volunteerism have made TELUS the most giving company
in the world. Together, let's make the future friendly.
For more information about TELUS, please visit telus.com,
follow us at @TELUSNews on X and @Darren_Entwistle on
Instagram.
For media inquiries, please contact:
Saara Rahikka
TELUS Public Relations
saara.rahikka@telus.com
SOURCE TELUS Communications Inc.