For more than 50 years, Armour Valve has connected energy and industrial clients with quality engineered solutions for their most demanding applications. Ensuring the health and safety of personnel and the communities served by our clients is of utmost importance. With just 15 years remaining to achieve global emissions reduction targets, there is an imperative across all industries to adopt sustainable solutions that mitigate or eliminate the emission of greenhouse gases into the atmosphere.
Armour Valve has joined Canada’s Net-Zero Challenge, recognizing the vital role of industry and private enterprise in reducing global greenhouse gas emissions. This initiative provides a framework for Canadian organizations to help achieve net-zero emissions by 2050. Armour Valve aims to reach net-zero by 2040, including significant scope 3 emissions, placing us in the of participants. At the time of writing this post, we are one of only three organizations in Canada to achieve this tier, and the only industrial business.
Net-Zero leads to gains for industry
Beyond compliance and doing your part to mitigate climate risk, pursuing net-zero emissions offers practical benefits to businesses like ours. With a net-zero plan in place, we can:
- Reduce Costs: Optimizing processes (e.g. closed-loop), reducing waste and integrating renewable energy lowers ongoing operational and energy costs while reducing emissions.
- Strengthen Resilience: Achieving net-zero targets fosters flexibility and innovative thinking, making us less vulnerable and more adaptive to market shifts and disruptions.
- Attract Stakeholders: Sustainability credentials draw talent and investment, with net-zero commitments becoming a important decision and retention factor for employees.
- Enhance Competitive Positioning: In a low-carbon economy, our proactive approach builds a strong competitive edge.
Net-Zero Challenge requirements
The Net-Zero Challenge encourages participating organizations to establish a 2050 net-zero target, set two interim targets, complete participation checklists, and conduct climate-related risk disclosures within certain timelines.
Diamond Tier participants meet several criteria, including:
- Measuring and reporting on emissions according to globally accepted standards:
- Scope 1: Direct emissions from company-owned sources, such as fuel used on-site.
- Scope 2: Indirect emissions from purchased energy sources, including electricity, heating, or cooling.
- Scope 3: Indirect emissions from all other aspects of the value chain, including supply chain activities and product use.
- Implementing robust emission reduction plans that align with Canada’s national net-zero goals
- Conducting third-party-verified reporting to ensure transparent progress toward goals.
- Integrating climate risk assessments and mitigation strategies into business operations to prepare for future environmental impacts.
These standards are designed to help companies contribute towards Canada’s net-zero goal.
Our commitment to a healthy future
Armour Valve’s sustainability commitment is embodied in our quadruple bottom line—purpose, profit, people, and planet. By 2026, we aim to secure 50% of our revenue from energy transition, decarbonization and circular economy projects, and by 2030, achieve a 40% reduction in our GHG emissions. We are already taking action across our operations, such as switching to electric forklifts, installing LED lighting, and using sustainable packing materials. Our commitment is to leave the world, and our business, better for future generations.
Moving forward together
Armour Valve is a committed partner for energy and industrial producers seeking operational excellence.
As a purpose-led business, Armour Valve exists to transform infrastructure for a healthy, thriving planet. We are proud to be an early signatory to Canada’s Net-Zero Challenge and to support our energy and industrial clients on their journeys to net-zero emissions.
