Definity Financial Corp

Common Name
Definity Financial
Country
Canada
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
3,442
Ticker
DFY
Exchange
TORONTO STOCK EXCHANGE
Description
Definity Financial Corp. is a prominent insurance provider that operates in the financial services sector, with a primary focus on offering comprehensive insurance solutions. The company specializes i...

Definity Financial's Climate Target Data Preview

As of 2023, Definity Financial has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 4 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Definity Financial ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2035
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2040
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment
Copy restricted. Please purchase to unlock this data.
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment
Copy restricted. Please purchase to unlock this data.
2035
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment
Copy restricted. Please purchase to unlock this data.
2040
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Definity Financial's Greenhouse Gas Emissions Pathways

As of 2023, Definity Financial has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Definity Financial have a target to reduce the emissions from its operations?

As of 2023, Definity Financial has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Definity Financial's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 2,879 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, Definity Financial is ahead of schedule on its operational emissions reduction target, having achieved 39.02% of the planned reduction.

Definity Financial's Operational (Scope 1+2) Emissions Pathway

20192023202520302035204007501.5 k2.25 k3 kBaselineCurrent (-35%)Target 2030 (-50%)Target 2035 (-70%)Target 2040 (-90%)

Does Definity Financial have a target to reduce the emissions from its value chain?

As of 2023, Definity Financial has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Definity Financial's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment in 2020.

As of 2023, Definity Financial is lagging behind on its value chain emissions reduction target, having achieved 9.01% of the planned reduction.

Definity Financial's Value Chain (Scope 3) Emissions Pathway

20202023202520302035204000000Current (-8%)Target 2025 (-30%)Target 2030 (-65%)Target 2040 (-90%)
Want Full Access to Definity Financial's Climate Targets Dataset?
Sign Up