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Toronto Parking Authority · 2025-07-17 · 2025.PA15.6

The filed record

Toronto Parking Authority 2024 Environmental, Social and Governance (ESG) Report

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2025-07-17 · Toronto Parking Authority · adopted

As filed

The Board of Directors, Toronto Parking Authority: 1. Approved the 2024 Environmental, Social and Governance Report for distribution. 2. Recommends that City Council receive the report (June 27, 2025) from the President, Toronto Parking Authority for information.

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We are pleased to present our first Environmental, Social and Governance (ESG) report, which marks a significant milestone in our commitment to sustainable and responsible business practices, and our support of our TransformTO Net Zero goals. Toronto is the fourth largest city in North America. Developing sustainable mobility solutions that meet ever changing customer needs is daunting yet inspiring. It requires hyper-collaboration with our stakeholders coupled with an unwavering focus on delivering sustainable value and growth.

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We are proud to engage with our City colleagues, staff, and industry partners to challenge the status quo; to reimagine, prototype, and deploy new and better ways to keep people, businesses, and industry moving. The modernization of our integrated network of Parking, EV Charging and Bike Share portfolio is in flight. Our customers took over 32 million trips across our network in 2024. Our services are available 365 days a year across the city. In support of our TransformTO Net Zero commitments, we delivered a reduction of 7.0 million Kg of GHG emissions in 2024. We are just getting started. We are proud to share our progress in this, our inaugural Environmental, Social, and Governance (ESG) Report that reflects TPA's commitment to the environment, society and governance. Through this ESG report, we aim to provide a comprehensive overview of our sustainability journey, showcasing our achievements, challenges, and future goals. We invite our stakeholders to join us in this endeavour, as we strive to build a more sustainable world.

Staff recommended

The President, Toronto Parking Authority recommends that: 1. The Board of Directors, Toronto Parking Authority, approve the 2024 Environmental, Social and Governance (ESG) Report for distribution. 2. The Board of Directors, Toronto Parking Authority recommend that City Council receive for this report for information.

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