- CAE drove a pipeline of solutions and humanitarian actions
to fight COVID-19 across FY21
- CAE became the first carbon neutral Canadian aerospace
company
- CAE expands its ESG disclosure by introducing a new section
aligned to the Sustainability Accounting Standards Board
(SASB)
MONTREAL, July 7, 2021 /CNW Telbec/
- CAE issued its FY21 Annual Activity and
Corporate Social Responsibility (CSR) report, a single source of
information in key areas demonstrating how our solutions and
activities generate benefits across the three central dimensions of
sustainability: economic, environmental and social.
During fiscal 2021, CAE furthered its social impact and took
leadership in the fight against COVID-19, namely by designing and
delivering the life-saving CAE Air1 ventilator and by introducing
the CAE Injection mobile app. CAE also played an instrumental
role by spearheading the Industry for Vaccination coalition to
gather support from companies across Canada to accelerate mass vaccination through
the private sector, in turn, restarting the economy as soon as
possible. As a trailblazer, CAE opened the first workplace
vaccination centre in Quebec at
CAE headquarters on April 26 and has
administered more than 20,000 doses of vaccines since then and
expects to double this number.
In addition to its Global Reporting Initiative (GRI) and Carbon
Disclosure Project (CDP) and TCFD reporting, as of FY21, CAE
reports on two industrial categories identified by the
Sustainability Accounting Standards Board (SASB).
The report also includes information on CAE's journey to become
carbon neutral in September 2020, the
evolution of CAE's sourcing practices to ensure responsible
procurement by integrating labour, environment and anti-corruption
considerations as well as Diversity & Inclusion initiatives
into its global strategic sourcing tools and processes. The report
can be downloaded
at https://www.cae.com/social-responsibility/
"I am proud of the many contributions CAE makes to the
communities in which we operate. Our 10,000-plus employees
worldwide rallied to achieve incredible results through their
ingenuity, resiliency, unfaltering customer support and
humanitarian efforts,'' said Marc
Parent, CAE's President and Chief Executive Officer. ''While
seizing on the challenges of COVID-19, we identified opportunities
to apply our innovative skills and agility. We lent a strong hand
to our customers around the world, offering critical support in
this shared crisis of humanity.''
This year's report has been enhanced to achieve further
transparency in CAE's disclosure:
- As of FY21, CAE reports on two industrial categories identified
by the Sustainability Accounting Standards Board (SASB): Aerospace
& Defence, as well as Professional & Commercial
Services.
- CAE met its FY21 phase one commitment of its five selected
United Nations sustainable development goals (SDGs) by articulating
the relations of the five selected SDGs to CAE's value chain, by
relating these five goals to CAE's mission, vision and ESG
priorities and by showing the correspondence between material
topics and these SDGs.
- CAE has reported progress on its Global Strategic Sourcing
(GSS) CSR roadmap 2020-2023 and built the foundation for GSS'
transformation by implementing three key pillars: Digitalization
(process), Commercial Management Group (risk) and Supply Chain
Operation Excellence (growth).
As a leading high-technology solutions provider, and a partner
in academic and industry initiatives, CAE continues to advance on
fully integrating sustainability practices in connection with
business activities, build on our diversity and inclusion culture
and continue to promote a high-level of transparency, public
engagement and accountability.
View a short video overview of the report here:
https://bit.ly/3jQVVP5
The full report can be downloaded
at www.cae.com/investors/financial-reports.
Contacts
GENERAL MEDIA
Hélène V. Gagnon
Senior Vice President, Public Affairs, Global Communications and
Corporate Social Responsibility
+1 514-340-5536
Send an email
INVESTOR RELATIONS
Andrew
Arnovitz
Senior Vice President, Strategy and Investor Relations
+1-514-734-5760
Send an email
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content:https://www.prnewswire.com/news-releases/cae-releases-its-fy21-annual-activity-and-corporate-social-responsibility-report-301326951.html
SOURCE CAE INC.