Over the past fiscal year, we have continued to make meaningful steps towards a more sustainable future.
As members of the UN Global Compact, NAV CANADA has completed its first UN Global Compact Communication on Progress (CoP), strengthening the transparency and governance of our Environmental, Social and Governance (ESG) progress.
NAV CANADA has established a strong ESG governance framework, with leadership support, board oversight, an active ESG steering committee with representation from groups across the Company and multiple working groups. We are leveraging this governance structure to embed sustainability across the organization.
In alignment with these efforts, NAV CANADA completed its first ESG materiality assessment, to identify where we can make changes that will have the greatest impact. As we develop our initial targets and strategy, we have identified six Sustainable Development Goals (SDGs) as priority areas, with a particular focus on SDG 10: Reduced Inequalities and SDG 13: Climate Action.
Across these six SDGs, NAV CANADA’s sustainability efforts are reflected across our business and priorities – from our service delivery and innovations to the way we are governed.
Icons representing these SDGs can be found throughout this annual report where they intersect with our work.