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Intact Financial Corp
Intact Financial's GHG Emissions Data Preview
In 2024, Intact Financial 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).
Intact Financial has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Intact Financial’s Greenhouse Gas (GHG) Emissions Data
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Insights into Intact Financial's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofIntact Financial amounted to18,071metric 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Intact Financialincreased by 1.42%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Intact Financial's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Intact Financial's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Intact Financial were 8,150 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Intact Financial reduced its Scope 1 emissions over time?
Since 2019, Intact Financial's Scope 1 emissions have decreased by 25.5%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year(2023), Intact Financial's Scope 1 emissions decreased by 2.13%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Intact Financial's Scope 2 emissions?
In 2024, Intact Financial reported Scope 2 greenhouse gas (GHG) emissions of 8,689 tCOâ‚‚e using the market-based method and 9,921 tCOâ‚‚e using the location-based method.a
Has Intact Financial reduced its Scope 2 emissions over time?
Since 2019, Intact Financial's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 24.51%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year(2023), Intact Financial's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Intact Financial's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Intact Financial use for Scope 2 reporting?
In 2024, Intact Financial reported its Scope 2 emissions using the market-based method and using the location-based method.a
Intact Financial's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Intact Financial's Value Chain Emissions
In 2024, Intact Financial reported 1,562,937 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Intact Financial includes a breakdown across 2of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Intact Financial's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Intact Financial's Scope 3 emissions?
In 2024, Intact Financial reported total Scope 3 emissions of 1,562,937 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 0.75%of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.25%came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Intact Financial reduced its Scope 3 emissions over time?
Since 2019, Intact Financial's Scope 3 emissionshave increased by 107.1%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Intact Financial's Scope 3 emissions increased by 105.36%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Intact Financial disclose?
In 2024, Intact Financial reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Intact Financial's Scope 3 emissions?
In 2024, the largest contributors to Intact Financial's Scope 3 emissions were:a
- Investments (Cat. 15): 1,551,249 tCOâ‚‚e(99.25%)
- Business Travel (Cat. 6): 11,688 tCOâ‚‚e(0.75%)
Intact Financial's Scope 3 Emissions by Categories
Insights into Intact Financial’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Intact Financial reported Scope 1 greenhouse gas (GHG) emissions of 8,150 tCOâ‚‚e and total revenues of USD 16,505 millions. This translates into an emissions intensity of 0.49 tCOâ‚‚e per millions USD.a
Intact Financial's Scope 1 Emissions Intensity Compared to Peers
How does Intact Financial's GHG emissions intensity compare to its peers?
In 2024, Intact Financial reported a Scope 1 emissions intensity of 0.49 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.37, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Intact Financial rank on GHG emissions intensity within its industry?
In 2024, Intact Financial ranked 16 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Intact Financial is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Intact Financial's Total Carbon Footprint
In 2024, Intact Financial reported a total carbon footprint of 1,581,008 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 102.98% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Intact Financial's total carbon footprint was Scope 3 emissions, accounting for 98.86% of the company's total carbon footprint, followed by Scope 2 emissions at 0.63%.a