Page 8 | RPIA SUSTAINABILITY REPORT 2025
CORPORATE SUSTAINABILITY
OVERVIEW
ESG INTEGRATION
CULTURE & VALUES
MEASURING OUR CLIMATE IMPACT RPIA recognizes that our operations have an impact on the climate. As part of our sustainability strategy, we measure and track our greenhouse gas (GHG) emissions to better understand the sources of our environmental footprint. Monitoring emissions over time helps us identify trends, assess our impact, and ensure environmental considerations remain part of our operational planning as the firm grows. As part of our ongoing year-over-year emissions tracking, in 2025, we partnered with Carbonhound to support the preparation of our GHG inventory. Carbonhound provides carbon accounting services aligned with the GHG Protocol, helping ensure our emissions reporting is consistent and transparent. The activities captured covered emissions for the fiscal period of 2025: Scope 1: Office natural gas consumption Scope 2: Office electricity use Scope 3: Office waste management, business travel (air/rail travel, hotels, taxis/ Ubers/Lyfts), daily employee commuting, paper consumption, and heat/electricity from work-from-home
Our total emissions increased by approximately 54% compared to FY2024. This increase largely reflects the continued growth of our team and increased business travel as we expand our client relationships across Canada. During this period, we also maintained a hybrid work model, with employees commuting to the office from across the Greater Toronto Area.
GHG Inventory Results
GHG Emissions (tCO 2 e*)
FTE Count
112
250
120
102
96
198.1
100
86
200
71
80
65
128.6
150
56
107.5
60
95.6
79.7
100
71.3
40
50
24.7
20
0
0
Our Emissions
FY2019* FY2020* FY2021* FY2022 FY2023 FY2024 FY2025
Scope 1
Scope 2
Scope 3
Total
FTE Count
In FY2025, RPIA emitted 198.1 tonnes of greenhouse gases, with the majority coming from Scope 3 emissions. The largest contributors were: • Employee commuting • Business travel (road and air travel, and accommodation) • Energy used while working from home
FTE = full-time employee. In 2025, RPIA transitioned to a new third‑party service provider for the calculation of its GHG emissions. As part of this transition, updated calculation methodology and federally published emissions factors have been applied, consistent with prevailing industry standards. To ensure comparability across reporting periods, emissions data for 2022–2024 has been recalculated and restated using the updated methodology and emissions factors. Accordingly, changes in reported emissions between 2022-2024 reflects methodological updates rather than changes in underlying consumption or business activity.
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