Announces Approval from Science Based Targets Initiative of Goals to Reduce Greenhouse Gas Emissions

TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced the release of its 2019 Sustainability Report.

Now in its tenth year, the report highlights Celestica’s sustainability strategy and its key activities and milestones for each of its four areas of focus: people, planet, products and services, and communities.  

“As a global company, Celestica is uniquely positioned to make a positive and broad-reaching impact, and we remain committed to doing the right thing for the environment and in the communities in which we live and work,” said Rob Ellis, Senior Vice President, Legal and Sustainability. "This report showcases the progress the Celestica team has made against our goals and serves as a call-to-action to push further and continue to do better as a leader in the area of sustainability.”

The report’s release comes as the company received approval of its emissions reductions goals from the Science Based Targets initiative (SBTi). With this, Celestica becomes the first among its traditional competitors in the electronics manufacturing industry to have created SBTi approved targets in line with climate science and the goals of the Paris Agreement.

Celestica’s goal is to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions 30% of 2018 levels by 2025. Celestica also aims to reduce absolute Scope 3 GHG emissions from fuel and energy-related activities, purchased goods and services, and upstream and downstream transportation and distribution 10% of 2018 levels by 2025.

“The world is at a crucial stage when it comes to sustainability issues such as combatting climate change,” said Ellis. “We’re taking action within our company and in cooperation with our business partners to mitigate environmental impacts and contribute to a better future.”

The SBTi is a collaboration between the Carbon Disclosure Project, the United Nations Global Compact, the World Resources Institute and the World Wildlife Fund. Science-based targets are emissions reduction targets in line with what the latest climate science says is needed to meet the goals of the Paris Agreement to limit global warming to well-below 2°C above pre-industrial levels, and pursue efforts to limit warming to 1.5°C.

Celestica’s 2019 Sustainability Report has been prepared in accordance with Global Reporting Initiative (GRI) Standards: Core Option and includes reporting on the United Nations’ Sustainable Development Goals (SDGs).

Celestica’s 2019 Sustainability Report may be found here.

About Celestica

Celestica enables the world's best brands. Through our recognized customer-centric approach, we partner with leading companies in aerospace and defense, communications, enterprise, healthtech, industrial, capital equipment, and energy to deliver solutions for their most complex challenges. As a leader in design, manufacturing, hardware platform and supply chain solutions, Celestica brings global expertise and insight at every stage of product development - from the drawing board to full-scale production and after-market services. With talented teams across North America, Europe and Asia, we imagine, develop and deliver a better future with our customers.

For further information on Celestica, visit www.celestica.com. Our securities filings can be accessed at www.sedar.com and www.sec.gov.

PCB West Virtual 2020 has more than 125 hours’ worth of technical sessions on printed circuit design and manufacturing available through Oct. 12.  pcbwest.com 

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