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TELUS (TSX:T) recognized as one of Canada’s Top 100 Greenest Employers

Telecommunication
TSX:T
21 April 2021 14:00 (EDT)

TELUS has been named one of Canada’s Top 100 Greenest Employers by Canada’s Top 100 Employers.

This designation is a tribute to the company’s environmental strategies and climate change objectives.

In 2020, TELUS exceeded its climate change objectives, achieving a 17% reduction in energy consumption and a 37% decrease in greenhouse gas emissions compared to 2010 levels.

Based on the company’s success in reaching environmental goals in 2020, TELUS has established new climate-related targets in this year’s sustainability report, including:

TELUS President and CEO Darren Entwistle commented,

“Our team’s commitment to sustainability is foundational to our leadership in social capitalism. In this regard, we are dedicated to reducing our carbon footprint and minimizing our impact on the planet our children will inherit, while also creating meaningful value for our fellow citizens.”

TELUS has also successfully negotiated four power purchase agreements that will provide 100 per cent of TELUS’ electricity needs in Alberta from renewable sources such as wind and solar.

Mr. Entwistle added that TELUS is “leveraging our world-leading technology and human compassion to help answer society’s most pressing social challenges in health, education, agriculture and the environment while improving economic equality in our digital world for generations to come.”

TELUS is one of the big three wireless service providers in Canada, with its 9 million subscribers nationwide constituting almost 30% of the total market.

TELUS (T) stock price is down 0.35 per cent and is trading at $25.71 per share as of 1:24 pm ET.

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