16:47:06 EDT Thu 02 May 2024
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or Name
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CGI Inc
Symbol GIB
Shares Issued 206,366,249
Close 2024-02-12 C$ 152.58
Market Cap C$ 31,487,362,272
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CGI publishes 2023 ESG report

2024-02-13 10:30 ET - News Release

An anonymous director reports

CGI'S 2023 ESG REPORT HIGHLIGHTS PROGRESS THROUGH RESPONSIBLE INNOVATION

CGI Inc. has published its annual environmental, social and governance (ESG) report, outlining efforts to reduce carbon dioxide equivalent (CO2e) emissions, and to support clients in achieving their organizational ESG goals, including through the responsible use of artificial intelligence and other emerging technologies. CGI also provided details of its global commitment to formulating targets that align with the Science Based Targets initiative (SBTi).

For the second consecutive year, CGI achieved a platinum rating from EcoVadis for its sustainability performance, placing the company in the top 1 per cent of the EcoVadis network. In addition, CDP, formerly known as the Carbon Disclosure Project, recognized CGI as an outperformer when compared with the information technology and software sector and when compared with all rated companies in North America.

Highlights of CGI's ESG progress include:

Environment:

  • 43.7 per cent of total energy from renewable sources compared with 35.6 per cent in 2022; this includes reaching CGI's target to power 100 per cent of its data centres by renewable electricity;
  • 38-per-cent reduction of CO2e emissions from 2019, and reduced carbon intensity per employee by 47.5 per cent.

Social:

  • 28.6 per cent of leadership positions are held by women, compared with 27.5 per cent in 2022;
  • 44.4 per cent of strategic business unit presidents are women, compared with 33.3 per cent in 2022;
  • 40 per cent of members of the board of directors are women, compared with 31.3 per cent in 2022.

Governance:

  • Publication of CGI's first global statement on modern slavery reiterating the company's commitment to tackling forced labour, child labour and human trafficking;
  • 65 per cent of CGI's most significant suppliers were assessed on environmental and social criteria, compared with 58 per cent in 2022.

About CGI Inc.

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,500 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services, and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI fiscal 2023 reported revenue is $14.30-billion and CGI shares are listed on the Toronto Stock Exchange (GIB.A) and the New York Stock Exchange (GIB).

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