Stantec Inc

Common Name
Stantec
Country
Canada
Sector
Industrials
Industry
Engineering & Construction
Employees
30,000
Ticker
STN
Exchange
TORONTO STOCK EXCHANGE
Description
Stantec Inc. is a globally recognized provider of professional services in the design and consulting industry. With a comprehensive portfolio that spans across multiple sectors, its primary function i...

Stantec's GHG Emissions Data Preview

In 2023, Stantec 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).

Stantec has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Stantec's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Stantec amounted to 38,052 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Stantec decreased by 0.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Stantec's Scope 1 Emissions Over Time

20212022202304 k8 k12 k16 ktCO2e-11%+21%
  • Total Scope 1
  • Year-over-Year Change

What are Stantec's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Stantec were 15,136 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Stantec reduced its Scope 1 emissions over time?

Since 2021, Stantec's Scope 1 emissions have increased by 8.01%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Stantec's Scope 1 emissions increased by 21.07%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Stantec's Scope 2 emissions?

In 2023, Stantec reported Scope 2 greenhouse gas (GHG) emissions of 1,747 tCOâ‚‚e using the market-based method and 22,916 tCOâ‚‚e using the location-based method.

Has Stantec reduced its Scope 2 emissions over time?

Since 2021, Stantec's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Stantec 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Stantec's Scope 2 emissions (Location-Based) fell by 11.02% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Stantec use for Scope 2 reporting?

In 2023, Stantec reported its Scope 2 emissions using the market-based method and using the location-based method.

Stantec's Scope 2 Emissions Over Time

20212022202306.5 k13 k19.5 k26 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Stantec's Value Chain Emissions

In 2023, Stantec reported 44,035 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Stantec includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Stantec's Scope 3 Emissions Over Time

202120222023015 k30 k45 k60 ktCO2e+107%+15%
  • Total Scope 3
  • Year-over-Year Change

What are Stantec's Scope 3 emissions?

In 2023, Stantec reported total Scope 3 emissions of 44,035 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Stantec reduced its Scope 3 emissions over time?

Since 2021, Stantec's Scope 3 emissions have increased by 139.01%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Stantec's Scope 3 emissions increased by 15.23%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Stantec disclose?

In 2023, Stantec reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Stantec's Scope 3 emissions?

In 2023, the largest contributors to Stantec's Scope 3 emissions were:

  • Business Travel (Cat. 6): 23,910 tCOâ‚‚e (100%)

Stantec's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(100.0%)

Insights into Stantec's Total Carbon Footprint

In 2023, Stantec reported a total carbon footprint of 82,087 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.34% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Stantec's total carbon footprint was Scope 3 emissions, accounting for 53.64% of the company's total carbon footprint, followed by Scope 2 emissions at 27.92%.

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