Dec. 11, 2009
Canada Post announced today that, between 2008 and 2020, its goal is to reduce its direct greenhouse gas emissions by 20 per cent, in addition to the reduction in its emissions of 14 per cent from 1990 to date.
"We are committed to making significant additional reductions to our greenhouse gas emissions," said Moya Greene, President and CEO of Canada Post. "Our commitment is driven by our belief that all businesses have a role to play in tackling climate change. We also know that this urgent global environmental challenge is a priority not only for our business customers, but also for Canadians."
"Reaching our target is a stretch, but we already have a number of initiatives underway that will help us to significantly reduce our emissions," added Robert Waite, Canada Post's Senior Vice-President of Corporate Social Responsibility. "These initiatives include our commitment to register all of our major new buildings for LEED certification and, starting in 2010, the purchase of 3,000 new lighter, more fuel efficient vehicles."
The 20 per cent reduction target announced today is part of an initiative from 20 of the leading postal administrations around the world that aims to reduce the sector's absolute greenhouse gas emissions by an equivalent percentage, from 8.4 million tonnes of CO2 in 2008 to 6.7 tonnes in 2020.
Details of the postal sector's initiative are provided in a report released today in Copenhagen by the International Post Corporation (IPC). The IPC represents the majority of the world's mail, with its members delivering eighty per cent of global mail volumes-more than 330 billion pieces of mail each year. Recently audited data from participating postal administrations, which was published in the Postal Sector Sustainability Report, demonstrates that the postal administrations will collectively reduce their total carbon emissions by at least 20 per cent between 2008 and 2020. The methodology was reviewed by both Maplecroft and PricewaterhouseCoopers as part of the assurance process.
Yearly emissions of CO2 from Canada Post's vehicle fleet, planes and real estate portfolio currently total approximately 200 kilotonnes, which represents two per cent of the sector's total emissions and 0.03 per cent of Canada's total emissions. Canada Post has been proactively measuring, managing and communicating its carbon emissions as part of its overall commitment to corporate social responsibility. Detailed information on the corporation's performance can be found in its Climate Change Strategy Report at canadapost.ca/csr .
For further information:
Canada Post: Climate Change Strategy Report
International Post Corporation: Postal Sector Sustainability Report 2009
About Canada Post
Canada Post delivers more than 11 billion pieces of mail each year to 14.7 million destinations. With more than 60,000 employees and 6,600 post offices, Canada Post maintains the largest retail network in the country and serves 32 million Canadians and more than one million businesses and institutions from coast to coast to coast. In 2008, net income for Canada Post and its affiliates, which include Purolator Courier, SCI Logistics and Innovapost (jointly owned by Canada Post and CGI), was CDN $90 million on revenues of CDN $7.7 billion. Canada Post provides innovative physical and electronic delivery solutions, creating value for our customers, employees and Canadians. Canada Post has been chosen as one of Canada's Top 100 employers by Mediacorp four years in a row and in 2009 was named "Most Iconic Brand in Canada" by Brand Finance Canada. Website: canadapost.ca
For more information, please contact info.csr@canadapost.ca
About the International Post Corporation
The International Post Corporation, (IPC) is the cooperative association of 24 member postal operators in Europe, North America, and the Asia-Pacific region. Over the past 20 years, IPC has collaborated with its members to upgrade quality of mail service by developing technology systems that bring transparency to the mail processing system and delivery chain. It also manages the system for incentive-based payments between postal operators, and creates business intelligence for its members, by providing a range of platforms for member CEOs and senior management to exchange best practices, discuss strategy, and engage in industry research. Visit IPC's website .
For more information about the IPC, please contact Valoree Vargo; Head of Communication, International Postal Corporation valoree.vargo@ipc.be .
