Intact Financial Corp
Intact Financial's GHG Emissions Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 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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Verified Sources Behind Intact Financial’s Greenhouse Gas (GHG) Emissions Data
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Insights into Intact Financial's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Intact Financial amounted to 27,193 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). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Intact Financial increased by 3.69%, 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 2023, the total Scope 1 emissions of Intact Financial were 17,865 metric tons of CO₂ equivalent (tCO₂e). a
Has Intact Financial reduced its Scope 1 emissions over time?
Since 2019, Intact Financial's Scope 1 emissions have decreased by 3.12%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Intact Financial's Scope 1 emissions increased by 2.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Intact Financial's Scope 2 emissions?
In 2023, Intact Financial reported Scope 2 greenhouse gas (GHG) emissions of 8,363 tCO₂e using the market-based method and 9,328 tCO₂e 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 30.98%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), 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 2023, 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 2023, Intact Financial reported 701,257 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Intact Financial includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, 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 2023, Intact Financial reported total Scope 3 emissions of 701,257 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 1.77% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.23% 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 emissions have decreased by 13.4%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Intact Financial's Scope 3 emissions remained relatively stable, indicating that Intact Financial 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Intact Financial disclose?
In 2023, Intact Financial reported emissions for 3 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 2023, the largest contributors to Intact Financial's Scope 3 emissions were: a
- Investments (Cat. 15): 688,841 tCO₂e (98.23%)
- Business Travel (Cat. 6): 11,962 tCO₂e (1.71%)
- Waste Generated in Operations (Cat. 5): 454 tCO₂e (0.06%)
Intact Financial's Scope 3 Emissions by Categories
Insights into Intact Financial's Total Carbon Footprint
In 2023, Intact Financial reported a total carbon footprint of 728,450 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.95% increase compared to 2022, 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 96.27% of the company's total carbon footprint, followed by Scope 1 emissions at 2.45%. a