In 2023, Great-West Lifeco disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Great-West Lifeco disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Great-West Lifeco also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Great-West Lifeco's reliance on fossil fuels versus cleaner alternatives.
Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, Great-West Lifeco consumed a total of 378,133.2 Gigajoules of energy across its operations. Of this total, 27.78% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 72.22% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
In 2023, Great-West Lifeco consumed a total of 378,133.2 Gigajoules of energy, of which 27.78% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that Great-West Lifeco is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Since 2021, Great-West Lifeco's total energy consumption decreased by 1.86%, including a further 6.5% drop in 2023, highlighting a continued decline in energy use.
Over the same period, the share of renewable energy in Great-West Lifeco's consumption increased by 3.15%, including a 5.96% increase in 2023, showing consistent progress in clean energy adoption.
Overall, Great-West Lifeco has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.
In 2023, Great-West Lifeco disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Great-West Lifeco's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
In 2023, Great-West Lifeco's total energy consumption was primarily sourced from
In 2023, Great-West Lifeco consumed energy from 5 different sources or generation technologies, indicating a highly concentrated energy mix, with Diesel, Gasoline (Petrol), Natural Gas, Transport Fuel, Electricity (Unspecified Source) and Steam (Unspecified Source) alone accounting for 100% of total consumption.