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- Title
Société de transport de Montréal.
- Authors
Lorinc, John
- Abstract
The Société de transport de Montréal (STM) is the transit corporation in Montreal, operating a subway network and a fleet of buses. The article highlights STM's commitment to promoting climate-friendly transportation and its positive impact on the local economy. It also mentions a new light-rail operator called Réseau express métropolitain (REM) that has gained attention in the region. The article emphasizes the importance of embracing change for success and cites EcoSynthetix and Lion Electric as examples of forward-looking businesses. STM has been recognized as the top sustainable transit agency in the Corporate Knights Best 50 ranking, thanks to its efforts to reduce emissions and increase ridership. The agency has replaced diesel buses with hybrids and electric buses, with the goal of having an entirely electric fleet by 2040. STM has also implemented measures such as bus priority routes and increased security to attract and retain riders, resulting in a 21% increase in ridership in 2023, reaching almost 230 million trips.
- Subjects
SENIOR leadership teams; INDUSTRIAL management; FREIGHT &; freightage; WASTE products management; GAS distribution; PUBLIC transit ridership
- Publication
Corporate Knights, 2024, Vol 23, Issue 3, p44
- ISSN
1703-2016
- Publication type
Article