ESG Reporting
At 407 ETR, we're passionate about connecting people and businesses to communities across the Greater Toronto Area (GTA) and we're conscious of our impact from an environmental, social, and governance (ESG) perspective.
Our 2024 ESG Report provides a detailed look at our ESG strategy and performance metrics and demonstrates the important progress we’ve made in in key areas of sustainability and responsible business practices.
Past Reports
Areas of Impact
Governance
From diversity in our leadership to adhering to high standards of ethical behaviour, we’re focused on enhancing our strong governance structure.
Environment
We do our part to maintain and operate the roadway with as minimal disruption to the environment as possible.
Social
From the safety and diversity of our workforce to investments in communities we serve, we take great pride in our social responsibility.
2024 Highlights
We’re proud to be publishing this report in alignment with the Sustainability Accounting Standards Board (SASB) framework and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD recommendations). We also align current and past initiatives to several UN Sustainable Development Goals (SDGs)—a shared blueprint to help people and the planet thrive.
$100,000 donated to help support road safety initiatives through local not-for-profit organizations.
$121,000 donated to United Way Greater Toronto through our 2024 employee fundraising campaign and corporate matching program. Customers donated over $40,000 to the organization through our 25th anniversary contest, Celebrate 25! Upgrade Your Drive.
$150,000 donated across 15 hospitals along the Highway 407 ETR corridor, including SickKids Foundation and William Osler Health System.
Our youth team sponsorship program, Keep MovingTM by 407 ETR helped over 3,500 kids participate in various sports programs.
33% female representation on our Board of Directors, exceeding our target of 30%.
48% female workforce and 27% female representation in Management.
Introduced Women-Empowered Community & Network (WE CAN), our first employee resource group.
$400,000 multi‑year commitment to the k2i academy at York University’s Lassonde School of Engineering is helping encourage more girls and underrepresented groups to pursue STEM-related careers.
Reduced our Scope 1 and Scope 2 GHG emissions by 19% compared to our 2018 baseline.
Refined our GHG emissions reduction roadmap to help us achieve our emissions reduction goal of 25% by 2030.
Completed a green fleet study to explore low emissions alternate propulsion technologies and fuel-optimization options for our existing fleet.
Completed a flood risk assessment at our head office to assess vulnerabilities and uncover opportunities to enhance our flood preparedness.
Donated over $600,000 to support biodiversity initiatives. On track to complete our $1.8 million investment in environmental initiatives over three years (2023-2025).
Planted 20,000 native species along Highway 407 ETR to help promote biodiversity and a healthy and sustainable landscape.
Digitized environmental features along the highway to help monitor impacts of our operations on biodiversity through our Geographic Information System.
Employees volunteered over 200 hours with environmental organizations.
“At 407 ETR, ESG principles are deeply ingrained into our corporate culture and decision‑making processes. Our long-term success is closely tied to creating value for our stakeholders, including the vibrant communities we serve in the GTA, especially in times of uncertainty.”
Javier Tamargo, President & CEO