November 6, 2008 - Press releases
Montreal, 6 November 2008 – Gaz Métro is once again in the short-list of Canadian businesses who exhibit an exemplary degree of accountability about their carbon footprint. The Carbon Disclosure Project announced today in Montreal that Gaz Métro is among its award-winners for the disclosure of its actions and achievements related to climate change.
This distinction again brings to light Gaz Métro's constant improvement with respect to greenhouse gas (GHG) emissions. Gaz Métro's approach translates both into a concern for openness and into appreciable results.
Four and a half times Kyoto's objective
As early as 1994, even before Canada signed the Kyoto protocol, Gaz Métro committed itself to voluntarily reduce its GHG emissions. Since then, the firm has brought down its emissions 28% from the 1990 level. This is equivalent to four and a half times Canada's objective in the Kyoto protocol.
Gaz Métro is also implementing a GHG emissions reduction plan, which has been reviewed by the Régie de l'énergie. The plan calls for recurrent reductions amounting to 350 tons of CO2 per year over 5 years (2008-2012). Gaz Métro's emissions reductions stem from the modernization of its gas distribution network, from the improvement in its buildings' environmental performance and from its strict management of its fleet of vehicles.
Gaz Métro also helps its clients to bring down their own GHG emissions with the Global Energy Efficiency Plan (GEEP) and the Energy Efficiency Fund (EEF). These combine more than 25 programmes that support a wide range of energy-saving measures, from the replacement of furnaces and water heaters to the enhancement of industrial processes. Through these programmes, our clients have substantially reduced their consumption of natural gas and have brought down their GHG emissions by nearly 300,000 tons from 2000 to 2008—the equivalent of heating 62,000 single-family houses.
“Natural gas is a key energy source for Quebec. Among the fossil fuels, it is by far the cleanest, for its low GHG-emissions and because it produces almost no air pollution, explains Philippe Batani, director for sustainable development at Gaz Métro. Through managing our activities in a responsible and effective fashion, we work on reducing to a minimum our environmental footprint.”
About the Carbon Disclosure Project
Carbon Disclosure Project is an organization that gathers information from large businesses on their activities related to climate change, with the support of 385 investments managers responsible for $57 trillion in assets.
In 2008, 1,672 firms have answered Carbon Disclosure Project's questionnaire, of which 106 are Canadian firms.
An overview of Gaz Métro
With more than $3.3 billion of assets and approximately 1,300 employees in Quebec, Gaz Métro is a leading Quebec energy company and one of Canada's largest natural gas distributors. Gaz Métro serves some 171,000 customers in Quebec through an underground pipeline network of almost 10,000 km.
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