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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 2024, 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 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)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy/Paste is a PRO feature.
a
2035
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
0000000
2040
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment
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a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment
Copy/Paste is a PRO feature.
a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment
0000000
2035
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Investment
Copy/Paste is a PRO feature.
a
2040
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
Limited Data Preview
You are viewing a limited preview of Definity Financial’s Climate Target dataset. The full dataset, available for download, includes detailed baseline information for both absolute and intensity targets, along with reported progress and achievement details as of 2024.
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Verified Sources Behind Definity Financial’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Definity Financial’s data sources below and access millions more through our Disclosure Search.

a. Definity Financial's Sustainability Report 2024

Insights into Definity Financial's Greenhouse Gas Emissions Pathways

As of 2024, 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.a

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

As of 2024, Definity Financial has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Definity Financial's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 2,876.923 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

As of 2024, Definity Financial is ahead of schedule on its operational emissions reduction target, having achieved 38.89% of the planned reduction.a

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

20192024202520302035204007501.5 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 2024, 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.a

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.a

As of 2024, Definity Financial is lagging behind on its value chain emissions reduction target, having achieved 11.11% of the planned reduction.a

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

20202024202520302035204000000Current (-10%)Target 2025 (-30%)Target 2030 (-65%)Target 2040 (-90%)
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