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 GHG Emissions Data Preview

In 2022, Great-West Lifeco completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Great-West Lifeco has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions 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 Great-West Lifeco's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Great-West Lifeco amounted to 24,327.42 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Great-West Lifeco's Scope 1 Emissions Over Time

202202.5 k5 k7.5 k10 ktCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Great-West Lifeco's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Great-West Lifeco were 8,861.15 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

What are Great-West Lifeco's Scope 2 emissions?

In 2022, Great-West Lifeco reported Scope 2 greenhouse gas (GHG) emissions of 12,007 tCOâ‚‚e using the market-based method, and 15,466.27 tCOâ‚‚e using the location-based method.

What methodology does Great-West Lifeco use for Scope 2 reporting?

In 2022, Great-West Lifeco reported its Scope 2 emissions using the market-based method and using the location-based method.

Great-West Lifeco's Scope 2 Emissions Over Time

202204 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Great-West Lifeco's Value Chain Emissions

In 2022, Great-West Lifeco reported 208,294.02 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2022 disclosure of Great-West Lifeco includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in , reflecting improved emissions accounting practices and greater transparency across the company's value chain

Great-West Lifeco's Scope 3 Emissions Over Time

2022055 k110 k165 k220 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Great-West Lifeco's Scope 3 emissions?

In 2022, Great-West Lifeco reported total Scope 3 emissions of 208,294.02 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does Great-West Lifeco disclose?

In 2022, Great-West Lifeco reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Great-West Lifeco's Scope 3 emissions?

In 2022, the largest contributors to Great-West Lifeco's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 200,000 tCOâ‚‚e (96.02%)
  • Business Travel (Cat. 6): 5,078.86 tCOâ‚‚e (2.44%)
  • Upstream Leased Assets (Cat. 8): 2,742.29 tCOâ‚‚e (1.32%)

Great-West Lifeco's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(96.0%)Upstream LeasedAssets (Cat. 8)(1.3%)Business Travel(Cat. 6)(2.4%)

Insights into Great-West Lifeco's Total Carbon Footprint

In 2022, Great-West Lifeco reported a total carbon footprint of 232,621.44 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions.

The largest contributor to Great-West Lifeco's total carbon footprint was Scope 3 emissions, accounting for 89.54% of the company's total carbon footprint, followed by Scope 2 emissions at 6.65%.

Want Full Access to Great-West Lifeco's GHG Emissions Dataset?
Sign Up