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    T   CA87971M1032

TELUS CORPORATION

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Telus Corp. Sets New GHG Emissions Reduction Targets

06/07/2021 | 03:53pm EDT

By Stephen Nakrosis

Communications technology company Telus Corp. said Monday that it has set new greenhouse gas emissions reduction targets approved by the Science Based Targets initiative.

The company said it is committed to reduce its absolute scope 1 and 2 GHG emissions by 46% by 2030 starting from 2019. It will also work to reduce scope 3 GHG emissions from business travel and workers' commuting by 46% in the same timeframe, it added.

Telus also said it will work to reduce scope 3 GHG emissions "from purchased goods and services, capital goods and use of sold products 75% per million dollars of revenue within the same timeframe."

The company said that last year it reduced its energy consumption 17% and decreased GHG emissions by 37% over 2010 levels.

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

06-07-21 1552ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.42% 34935.47 Delayed Quote.14.63%
TELUS CORPORATION 0.80% 27.71 Delayed Quote.9.04%
All news about TELUS CORPORATION
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07/30TELUS : Secures Mid-band Spectrum Licenses in Canada for $1.95 Billion
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More news
Financials
Sales 2021 16 805 M 13 472 M 13 472 M
Net income 2021 1 491 M 1 195 M 1 195 M
Net Debt 2021 19 773 M 15 852 M 15 852 M
P/E ratio 2021 27,4x
Yield 2021 4,60%
Capitalization 37 547 M 30 108 M 30 101 M
EV / Sales 2021 3,41x
EV / Sales 2022 3,19x
Nbr of Employees 78 100
Free-Float 94,3%
Chart TELUS CORPORATION
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TELUS Corporation Technical Analysis Chart | T | CA87971M1032 | MarketScreener
Technical analysis trends TELUS CORPORATION
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TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 27,71 CAD
Average target price 29,43 CAD
Spread / Average Target 6,19%
EPS Revisions
Managers and Directors
Darren Entwistle President, Chief Executive Officer & Director
Doug French Chief Financial Officer & Executive Vice President
Richard H. Auchinleck Independent Chairman
John Paul Manley Independent Director
Raymond Tatsun Chan Independent Director
Sector and Competitors