Great-West Lifeco Inc

Common Name
Great-West Lifeco
Country
Canada
Sector
Financial Services
Industry
Insurance - Life
Employees
33,250
Ticker
GWO
Exchange
TORONTO STOCK EXCHANGE
Description
Great-West Lifeco Inc. is a prominent financial services holding company primarily focused on life insurance products, retirement savings, and investment funds. Operating as a part of the Power Corpor...

Great-West Lifeco's Climate Target Data Preview

As of 2024, Great-West Lifeco has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction 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 Great-West Lifeco ’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.
a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2036
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Great-West Lifeco’s Climate Targets Data

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a. Great-West Lifeco's CDP Climate sourced from company’s website 2024
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Insights into Great-West Lifeco's Greenhouse Gas Emissions Pathways

As of 2024, Great-West Lifeco has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Great-West Lifeco have a target to reduce the emissions from its operations?

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

Great-West Lifeco's most ambitious operational target is to reduce these emissions by 50.4% by 2036, compared to a baseline of 8,232.7 Metric Tonnes of CO2 equivalent (mtCO2e) in 2013. a

As of 2023, Great-West Lifeco is ahead of schedule on its operational emissions reduction target, having achieved 66.21% of the planned reduction. a

Great-West Lifeco's Operational (Scope 1+2) Emissions Pathway

201320232025203602.5 k5 k7.5 k10 kBaselineCurrent (-33%)Target 2036 (-50%)
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