As of 2024, Intact Financial 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 Intact Financial ’s climate strategy, ambition level, and alignment with global decarbonization goals.
Target Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Weighted Average Carbon Intensity / Portfolio Companies (WACI) | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2024, Intact Financial has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.
As of 2024, Intact 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.
Intact Financial's most ambitious value chain target is to reduce these emissions by 40% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Weighted Average Carbon Intensity / Portfolio Companies (WACI) in 2019.
As of 2024, Intact Financial is ahead of schedule on its value chain emissions reduction target, having achieved 91.1% of the planned reduction.
As of 2024, Intact Financial has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.
Intact Financial's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 37,989 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 50% by 2030.
As of 2024, Intact Financial is on track to meet its total carbon footprint reduction target, having achieved 47% of the planned reduction.