Sustainability Focus Areas
Sustainability Focus Areas
Based upon our sustainability and climate change risk assessments conducted as part of our strategic planning, annual business planning and enterprise risk program, we have identified the most important risk and opportunity areas that we currently believe will most significantly affect Toromont’s long-term growth and sustainability.
These processes are informed by our own operational analysis, leveraging professional expertise as appropriate. We also engage with our key stakeholders including customers, suppliers, employees, shareholders, governance advisors and regulators to understand their perspectives and priorities.
These focus areas and corresponding highlights are displayed in tables in their respective sections of this report. We are committed to advancing our approach in each area as part of our journey to continuously improve how we assess, articulate and make progress.
ENVIRONMENT
FOCUS AREAS: Operational footprint (emissions, water, waste, hazardous materials)
WHY IT’S IMPORTANT: Responsible resource use is fundamental to efficient and compliant operations and is a business requirement
that is essential to our performance and reputation as an employer, service provider and community member.
of Scope 1 (direct)
emissions in 2025
of Scope 2 (indirect)
emissions in 2025
programs along with various forms of recycling and the use of paperless reporting as well as bin-level monitoring systems added in 2025 to optimize waste handling, helped to reduce our environmental footprint
Toromont locations across Canada and parts of the United States serve customers and are managed with an energy efficiency mindset
Read more in detail in our 2025 Sustainability Report (PDF 6 MB)
CUSTOMERS
FOCUS AREAS: Sustainable products, services and technologies
WHY IT’S IMPORTANT: Customers are striving to meet their sustainability targets and Toromont needs relevant, reliable solutions in order to grow our business and meet the expectations of all stakeholders as a contributor to a greener planet.
of revenue was generated in 2025 by providing product support for our customers
of all eligible units in Toromont Cat’s installed base were supported by remote monitoring services
of CIMCO’s 2025 capital project order bookings will use natural, non-ozone depleting refrigerants
Read more in detail in our 2025 Sustainability Report (PDF 6 MB)
CIRCULAR ECONOMY
FOCUS AREAS: Circular economy
WHY IT’S IMPORTANT: Used equipment and components can be rebuilt, repaired and exchanged multiple times. By participating in the circular economy, we can reduce landfill waste and the energy expended in original manufacturing, while addressing customers’ business needs and sustainability goals and generating revenue for Toromont.
sq. ft. manufacturing space under construction in Québec City
machines passed through Toromont’s Certified Machine Rebuild program in 2025
Toromont Remanufacturing facilities serve customers in our territories
Read more in detail in our 2025 Sustainability Report (PDF 6 MB)
PEOPLE
FOCUS AREAS: Health, safety and wellbeing
WHY IT’S IMPORTANT: We work in industrial sectors where hazards must be safely managed and we believe that taking a holistic approach to the physical, mental and financial health and wellbeing of our employees and the wellbeing of our communities is a key driver of corporate sustainability.
improvement in Toromont’s Total Recordable Injury Frequency Rate between 2022 and 2025
hours of safety training provided to our workforce in 2025 to ensure we operated in a safe manner
of our eligible employees participated in the Toromont Employee Share Purchase Plan in 2025
FOCUS AREAS: Building capacity and capability
Recruitment
WHY IT’S IMPORTANT: There is a competitive and undersupplied market for talent that we need to grow our business and serve customers in all geographic territories in which we operate.
people worked at Toromont in 2025, an increase from 2024 inclusive of the addition of AVL Manufacturing employees
of our workforce is now comprised of skilled tradespeople
Building Capacity – Learning and development
WHY IT’S IMPORTANT: We need to ensure our workforce remains capable of providing superior customer service and continues to build the knowledge and skills to work with our latest products and technologies.
hours were devoted to workforce training in 2025 to equip our employees with the skills they need to excel
program provides accelerated development opportunities to prepare high-potential
candidates to move into future management roles
Building Capacity – Retention and engagement
WHY IT’S IMPORTANT: Skilled workers are in short supply, competition for talent is intense and we must sustain our knowledge-based workforce in order to serve customers, grow our business and achieve our sustainability aspirations.
is the average tenure of Toromont employees in 2025, a demonstration of commitment
is the average tenure of our management team
Diversity, equity and inclusion (DEI)
WHY IT’S IMPORTANT: DEI enriches our culture, adds important perspectives, enlarges our accessible talent pool including with Canada’s Indigenous peoples, and meets the expectations of all stakeholders.
of our Board members are women
of Toromont’s senior management team members are women
Long-standing participant in the federal government’s Employment Equity Program
FOCUS AREAS: Community
WHY IT’S IMPORTANT: Encouraging volunteerism by our employees and paying corporate taxes ensure we contribute to the development, wellbeing and protection of society and its critical infrastructure.
responsibility is a core Toromont value and our team demonstrated it in 2025 in many small but meaningful ways through volunteerism and corporate support for health and wellness charities including the Princess Margaret Cancer Foundation
was paid in corporate taxes in 2025 and our effective tax rate was 27.1%, unchanged from 2024
FOCUS AREAS: Accountability and executive compensation
WHY IT’S IMPORTANT: Alignment allows us to effectively execute our strategies and engage/develop employees.
or Long-Term Incentive Plan was created in 2022 with three-year performance targets to further align the interests of public shareholders and Toromont’s business leaders
opportunities for senior leaders are tied to safety results and other important sustainability outcomes
1 AVL Manufacturing, 60% owned by Toromont since January 31, 2025 is excluded from these figures.
Read more in detail in our 2025 Sustainability Report (PDF 6 MB)
GOVERNANCE
FOCUS AREAS: Code of Conduct
WHY IT’S IMPORTANT: It provides a framework for ethical, community-building behaviour.
of Toromont employees read and sign our Code of Conduct
FOCUS AREAS: Cybersecurity and data privacy
WHY IT’S IMPORTANT: Our employees increasingly interact with customers and partners through information technology and we must protect the security and privacy of those communications to build trust and protect our reputation.
of employees receive mandatory training in IT security awareness
Read more in detail in our 2025 Sustainability Report (PDF 6 MB)
