iA Financial Corporation Inc

Common Name
iA Financial
Country
Canada
Sector
Financial Services
Industry
Insurance - Diversified
Employees
N/A
Ticker
IAG
Exchange
TORONTO STOCK EXCHANGE
Website
ia.ca
Description
IA Financial Corporation Inc. is a prominent player in the insurance and financial services industry. It is primarily engaged in offering a comprehensive range of insurance products, including life an...

iA Financial's Climate Target Data Preview

As of 2024, iA Financial has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 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 iA Financial ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2)
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a
2035
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Canadian Dollar (CAD) of Weighted Average Carbon Intensity / Portfolio Companies (WACI)
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a
2035
*. 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 iA Financial’s Climate Targets Data

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a. iA Financial's Sustainability Report 2024
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Insights into iA Financial's Greenhouse Gas Emissions Pathways

As of 2024, iA 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 iA Financial have a target to reduce the emissions from its operations?

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

iA Financial's most ambitious operational target is to reduce these emissions by 60% by 2035, compared to a baseline of 0.002 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) in 2022. a

As of 2024, iA Financial is on track to meet its operational emissions reduction target, having achieved 15.55% of the planned reduction. a

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

20222024203500000Current (-9%)Target 2035 (-60%)

Does iA Financial have a target to reduce the emissions from its value chain?

As of 2024, iA 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

iA Financial's most ambitious value chain target is to reduce these emissions by 40% by 2035, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Canadian Dollar (CAD) of Weighted Average Carbon Intensity / Portfolio Companies (WACI) in 2022. a

As of 2024, iA Financial is ahead of schedule on its value chain emissions reduction target, having achieved 61.1% of the planned reduction. a

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

20222024203500000BaselineCurrent (-24%)Target 2035 (-40%)
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