COVID-19
* At all CAE sites where we have operational control of the building or control on energy sourcing
Canada
Worldwide
CAE reached its carbon neutrality commitment on September 28, 2020, becoming the first Canadian aerospace company to reach this goal. Our strategy is organized into three phases targeting three ways to reduce our carbon footprint: consume less, consume better, offset carbon emissions.
During the last year, we became carbon neutral by purchasing renewable energy certificates (RECs) in the countries where we operate to offset our use of electricity and investing in greenhouse gas reduction projects (carbon offsets), including wind energy projects in India and forest conservation in Canada.
Our long-term strategy is to determine how we can reduce at the source, through initiatives in partnership with our industry.
We believe that reporting practices bring discipline and accountability that enhance CAE’s ability to manage our key business issues and execute our strategy, which led us to implement TCFD disclosure recommendations as part of our reporting practices in 2020.
At CAE, education is a big part of who we are and getting young people fired up about science and encouraging them to explore rewarding careers in STEM is a mission we strongly believe in championing.
Every year, we participate in events promoting STEM careers and digital literacy in our communities in addition to sharing our know-how, which occasionally involves visits to our facilities.
As an advocate for work-integrated learning opportunities, offers many co-op and student positions worldwide. Our work-integrated learning program CAE Tech also offers the opportunity to future technicians from various fields in participating Canadian institutions to start a career at CAE with internships, grants and other opportunities.
We also collaborate with various postsecondary entities and participate in scholarship programs to recognize students in our core areas of expertise and facilitate access to education in our communities.
Through our presence in more than 35 countries around the world, we’re helping create economic growth by delivering goods to our customers, jobs for our employees, payments to our suppliers, investments in communities and value to our investors.
Investing in communities and local economies is also key to building a reputation for being a neighbour of choice everywhere we operate. It also helps strengthen employee engagement across CAE. This includes university scholarships, charity events, technology competitions for young people, award-winning fundraising campaigns for humanitarian organizations where CAE operates and where employees live and work.
At CAE, many employees are committed to causes that are dear to their hearts. Our CAEvolunteering program aims to support employees and the various causes they cherish to help them make an even greater positive impact. The program has three components: ‘Volunteer of the year awards’, ‘Dollars for your cause’ and ‘Team volunteering’. By volunteering their time and skills, CAE employees make a significant difference in other people’s lives.
"This is a remarkable achievement, and we hope that CAE's commitment to fighting climate change will inspire other companies to take concrete action today. We wanted to honour our pre-pandemic commitment and increase our contribution now, demonstrating CAE's environmental leadership and commitment to future generations. We are also working with the industry to develop electric aircraft and are taking other steps to reduce our overall emissions."
- Marc Parent, CAE's President and CEO
On November 28, 2019, President and CEO Marc Parent announced CAE’s commitment to become carbon neutral in Summer 2020 at a Montreal Council on Foreign Relations (CORIM) event, making us the first aerospace company in Canada to take this stance.
At the end of FY20, 12 CAE sites in Europe offset 100% of the electricity consumed by their buildings and simulators through the purchase of renewable electricity certificates. This aligns with CAE’s Summer 2020 carbon neutrality commitment and our objective to source 75% of the electricity consumption of CAE’s European sites through renewable energy by FY22.
CAE contributed $1,015,015 to Centraide of Greater Montreal (United Way) this year. During the month-long campaign, CAE Montreal employees participated in everything from bake sales to soccer tournaments and a karaoke competition to raise funds to fight poverty and isolation through Centraide. Much fun was had by all, while contributing to a great cause. We thank our employees for their generosity and engagement.
Together with the MUHC Foundation, CAE announced an exciting healthcare education and recruitment initiative that offers innovative solutions to transform patient care. CAE will be donating $500,000 to the MUHC Foundation’s Dream Big Campaign over five years, including $250,000 worth of training equipment and simulators.
CAE organized a major global fundraising campaign to help get necessities to the frontline to support rural firefighters, local law enforcement and first responders, and hospitals. Our employees contributed $32,189 AUD, with CAE’s pledge to match bringing the total donation to the Australian Red Cross bushfire relief fund to more than $64,000 AUD.
