Aecon Group Inc

Common Name
Aecon Group
Country
Canada
Sector
Industrials
Industry
Engineering & Construction
Employees
9,427
Ticker
ARE
Exchange
TORONTO STOCK EXCHANGE
Description
Aecon Group Inc. is a leading construction and infrastructure development company in Canada. It specializes in delivering integrated solutions across multiple sectors, including transportation, energy...

Aecon Group's GHG Emissions Data Preview

In 2024, Aecon Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Aecon Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Aecon Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Aecon Group’s data sources below and access millions more through our Disclosure Search.

a. Aecon Group's ESG Data Spreadsheet 2024
a. Aecon Group's ESG Data Spreadsheet 2024

Insights into Aecon Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Aecon Group amounted to 111,215 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Aecon Group decreased by 35.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Aecon Group's Scope 1 Emissions Over Time

20202021202220232024045 k90 k135 k180 ktCO2e-12%+27%+3%-37%
  • Total Scope 1
  • Year-over-Year Change

What are Aecon Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Aecon Group were 107,693 metric tons of CO₂ equivalent (tCO₂e). a

Has Aecon Group reduced its Scope 1 emissions over time?

Since 2020, Aecon Group's Scope 1 emissions have decreased by 26.69%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Aecon Group's Scope 1 emissions decreased by 36.79%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Aecon Group's Scope 2 emissions?

In 2024, Aecon Group reported Scope 2 greenhouse gas (GHG) emissions of 3,522 tCO₂e using the location-based method. a

Has Aecon Group reduced its Scope 2 emissions over time?

Since 2020, Aecon Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 32.36%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Aecon Group's Scope 2 emissions (Location-Based) rose by 26.6% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Aecon Group use for Scope 2 reporting?

In 2024, Aecon Group reported its Scope 2 emissions using the location-based method. a

Aecon Group's Scope 2 Emissions Over Time

2020202120222023202409501.9 k2.85 k3.8 ktCO2e
  • Total Scope 2 Location-Based

Insights into Aecon Group's Value Chain Emissions

In 2024, Aecon Group reported 484,151 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Aecon Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Aecon Group's Scope 3 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e+22%+280%+15769%-6%
  • Total Scope 3
  • Year-over-Year Change

What are Aecon Group's Scope 3 emissions?

In 2024, Aecon Group reported total Scope 3 emissions of 484,151 metric tons of CO₂ equivalent (tCO₂e). a

Has Aecon Group reduced its Scope 3 emissions over time?

Since 2020, Aecon Group's Scope 3 emissions have increased by 69,262.61%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Aecon Group's Scope 3 emissions remained relatively stable, indicating that Aecon Group 's emissions have plateaued with no significant change in its value chain footprint. a

Insights into Aecon Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Aecon Group reported Scope 1 greenhouse gas (GHG) emissions of 107,693 tCO₂e and total revenues of USD 2,949 millions. This translates into an emissions intensity of 36.51 tCO₂e per millions USD. a

Aecon Group's Scope 1 Emissions Intensity Compared to Peers

520010,000200,00010,000,000Scope 1 Emissions (tCO2e)1005002,0005,00020,000Revenues (Millions of USD)HLUMT Hoejgaard HoldingYear: 2024Scope 1: 13,298 tCO2eRevenue: $M 1,489Scope 1 Intensity: 8.93 tCO2e/$MHHHazama AndoYear: 2023Scope 1: 64,000 tCO2eRevenue: $M 2,794Scope 1 Intensity: 22.91 tCO2e/$MLLL & K EngineeringYear: 2024Scope 1: 198 tCO2eRevenue: $M 1,987Scope 1 Intensity: 0.10 tCO2e/$MEllaktorYear: 2023Scope 1: 17,303 tCO2eRevenue: $M 429Scope 1 Intensity: 40.35 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MMalaysian ResourcesYear: 2022Scope 1: 2,061 tCO2eRevenue: $M 728Scope 1 Intensity: 2.83 tCO2e/$MAtkinsrealis GroupYear: 2024Scope 1: 13,131 tCO2eRevenue: $M 6,721Scope 1 Intensity: 1.95 tCO2e/$MRail Vikas NigamYear: 2025Scope 1: 12 tCO2eRevenue: $M 2,311Scope 1 Intensity: 0.01 tCO2e/$MDL E&CYear: 2024Scope 1: 54,004 tCO2eRevenue: $M 5,669Scope 1 Intensity: 9.53 tCO2e/$MUUUnited Integrated ServicesYear: 2023Scope 1: 15 tCO2eRevenue: $M 2,240Scope 1 Intensity: 0.01 tCO2e/$MCostain GroupYear: 2024Scope 1: 4,772 tCO2eRevenue: $M 1,570Scope 1 Intensity: 3.04 tCO2e/$MPer Aarsleff HoldingYear: 2023Scope 1: 73,381 tCO2eRevenue: $M 2,871Scope 1 Intensity: 25.56 tCO2e/$MMulticonsultYear: 2024Scope 1: 589 tCO2eRevenue: $M 560Scope 1 Intensity: 1.05 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$MBES EngineeringYear: 2023Scope 1: 1,251 tCO2eRevenue: $M 618Scope 1 Intensity: 2.02 tCO2e/$MDowner EDIYear: 2024Scope 1: 296,532 tCO2eRevenue: $M 7,316Scope 1 Intensity: 40.53 tCO2e/$MWSP GlobalYear: 2023Scope 1: 40,097 tCO2eRevenue: $M 10,905Scope 1 Intensity: 3.68 tCO2e/$MMota EngilYear: 2024Scope 1: 2,616,659 tCO2eRevenue: $M 6,193Scope 1 Intensity: 422.55 tCO2e/$MGEK TernaYear: 2024Scope 1: 801,371 tCO2eRevenue: $M 3,382Scope 1 Intensity: 236.96 tCO2e/$MKoninklijke BAM GroepYear: 2024Scope 1: 41,000 tCO2eRevenue: $M 6,717Scope 1 Intensity: 6.10 tCO2e/$MImpleniaYear: 2024Scope 1: 66,621 tCO2eRevenue: $M 3,930Scope 1 Intensity: 16.95 tCO2e/$MSacyrYear: 2023Scope 1: 87,540 tCO2eRevenue: $M 5,102Scope 1 Intensity: 17.16 tCO2e/$MVeidekkeYear: 2023Scope 1: 60,149 tCO2eRevenue: $M 4,249Scope 1 Intensity: 14.16 tCO2e/$MInstalcoYear: 2024Scope 1: 10,204 tCO2eRevenue: $M 1,242Scope 1 Intensity: 8.21 tCO2e/$MStantecYear: 2024Scope 1: 12,257 tCO2eRevenue: $M 5,214Scope 1 Intensity: 2.35 tCO2e/$MAecon GroupYear: 2024Scope 1: 107,693 tCO2eRevenue: $M 2,949Scope 1 Intensity: 36.51 tCO2e/$M

How does Aecon Group's GHG emissions intensity compare to its peers?

In 2024, Aecon Group reported a Scope 1 emissions intensity of 36.51 tCO₂e per millions USD. Compared to the peer group median of 8.21 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Aecon Group rank on GHG emissions intensity within its industry?

In 2024, Aecon Group ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Aecon Group among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Aecon Group's Total Carbon Footprint

In 2024, Aecon Group reported a total carbon footprint of 595,366 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.52% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Aecon Group's total carbon footprint was Scope 3 emissions, accounting for 81.32% of the company's total carbon footprint, followed by Scope 1 emissions at 18.09%. a

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