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 2025, Great-West Lifeco has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, 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)
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a
2029
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Canadian Dollar (CAD) of Investment
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a
2029
*. 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

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 Great-West Lifeco’s data sources below and access millions more through our Disclosure Search.

a. Great-West Lifeco's CDP Report sourced from company’s website 2025
a. Great-West Lifeco's CDP Report sourced from company’s website 2025

Insights into Great-West Lifeco's Greenhouse Gas Emissions Pathways

As of 2025, Great-West Lifeco 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 Great-West Lifeco have a target to reduce the emissions from its operations?

As of 2025, 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 40% by 2029, compared to a baseline of 30,715 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Great-West Lifeco has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2029 value, achieving its climate goal ahead of schedule. a

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

20192024202908 k16 k24 k32 kBaselineCurrent (-49%)

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

As of 2025, Great-West Lifeco 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

Great-West Lifeco's most ambitious value chain target is to reduce these emissions by 38% by 2029, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Canadian Dollar (CAD) of Investment in 2019. a

Great-West Lifeco has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2029 value, achieving its climate goal ahead of schedule. a

Great-West Lifeco's Value Chain (Scope 3) Emissions Pathway

20192024202900000BaselineCurrent (-42%)
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