Power Corporation of Canada

Country
Canada
Sector
Financial Services
Industry
Insurance - Life
Employees
N/A
Ticker
POW
Exchange
TORONTO STOCK EXCHANGE
Description
Power Corporation of Canada is a diversified international management and holding company. Its primary function is to oversee a diverse portfolio encompassing sectors such as financial services, commu...

Power Corporation of Canada's GHG Emissions Data Preview

In 2023, Power Corporation of Canada 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).

Power Corporation of Canada 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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Power Corporation of Canada’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Power Corporation of Canada’s data sources below and access millions more through our Disclosure Search.

a. Power Corporation of Canada's Sustainability Report 2024
a. Power Corporation of Canada's Sustainability Report 2024
b. Power Corporation of Canada's Sustainability Report 2023
b. Power Corporation of Canada's Sustainability Report 2023

Insights into Power Corporation of Canada's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Power Corporation of Canada amounted to 24,376 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 Power Corporation of Canada decreased by 10.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Power Corporation of Canada's Scope 1 Emissions Over Time

2019202020212022202305 k10 k15 k20 ktCO2e-46%+1%+21%-14%
  • Total Scope 1
  • Year-over-Year Change

What are Power Corporation of Canada's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Power Corporation of Canada were 10,379 metric tons of CO₂ equivalent (tCO₂e). a

Has Power Corporation of Canada reduced its Scope 1 emissions over time?

Since 2019, Power Corporation of Canada's Scope 1 emissions have decreased by 44.09%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Power Corporation of Canada's Scope 1 emissions decreased by 14.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Power Corporation of Canada's Scope 2 emissions?

In 2023, Power Corporation of Canada reported Scope 2 greenhouse gas (GHG) emissions of 11,036 tCO₂e using the market-based method and 13,997 tCO₂e using the location-based method. a

Has Power Corporation of Canada reduced its Scope 2 emissions over time?

Since 2019, Power Corporation of Canada's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 40.56%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Power Corporation of Canada's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Power Corporation of Canada 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Power Corporation of Canada use for Scope 2 reporting?

In 2023, Power Corporation of Canada reported its Scope 2 emissions using the market-based method and using the location-based method. a

Power Corporation of Canada's Scope 2 Emissions Over Time

2019202020212022202306 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Power Corporation of Canada's Value Chain Emissions

In 2023, Power Corporation of Canada reported 70,043 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 Power Corporation of Canada includes a breakdown across 5 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

Power Corporation of Canada's Scope 3 Emissions Over Time

20192020202120222023025 k50 k75 k100 ktCO2e-23%-5%+2%+4%
  • Total Scope 3
  • Year-over-Year Change

What are Power Corporation of Canada's Scope 3 emissions?

In 2023, Power Corporation of Canada reported total Scope 3 emissions of 70,043 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 24.91% of these emissions originated from upstream activities such as purchased goods and capital goods, while 75.09% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Power Corporation of Canada reduced its Scope 3 emissions over time?

Since 2019, Power Corporation of Canada's Scope 3 emissions have decreased by 22.33%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Power Corporation of Canada's Scope 3 emissions remained relatively stable, indicating that Power Corporation of Canada 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Power Corporation of Canada disclose?

In 2023, Power Corporation of Canada reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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

What are the main sources of Power Corporation of Canada's Scope 3 emissions?

In 2023, the largest contributors to Power Corporation of Canada's Scope 3 emissions were: a

  • Investments (Cat. 15): 52,597 tCO₂e (75.09%)
  • Business Travel (Cat. 6): 9,033 tCO₂e (12.9%)
  • Upstream Leased Assets (Cat. 8): 6,975 tCO₂e (9.96%)

Power Corporation of Canada's Scope 3 Emissions by Categories

Investments(Cat. 15)(75.1%)Business Travel(Cat. 6)(12.9%)Upstream LeasedAssets (Cat. 8)(10.0%)

Insights into Power Corporation of Canada’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Power Corporation of Canada reported Scope 1 greenhouse gas (GHG) emissions of 10,379 tCO₂e and total revenues of USD 29,799 millions. This translates into an emissions intensity of 0.35 tCO₂e per millions USD. a

Power Corporation of Canada's Scope 1 Emissions Intensity Compared to Peers

2501,00020,000500,000Scope 1 Emissions (tCO2e)1001,0005,00050,000200,000Revenues (Millions of USD)TJapan Post InsuranceYear: 2024Scope 1: 10,369 tCO2eRevenue: $M 17,934Scope 1 Intensity: 0.58 tCO2e/$MUnum GroupYear: 2023Scope 1: 5,823 tCO2eRevenue: $M 12,308Scope 1 Intensity: 0.47 tCO2e/$MHDFC Life InsuranceYear: 2025Scope 1: 227 tCO2eRevenue: $M 10,553Scope 1 Intensity: 0.02 tCO2e/$MTTT&D HoldingsYear: 2023Scope 1: 1,651 tCO2eRevenue: $M 15,967Scope 1 Intensity: 0.10 tCO2e/$MPrudential FinancialYear: 2024Scope 1: 13,609 tCO2eRevenue: $M 70,659Scope 1 Intensity: 0.19 tCO2e/$MPhoenix Group HoldingsYear: 2024Scope 1: 2,111 tCO2eRevenue: $M 18,105Scope 1 Intensity: 0.12 tCO2e/$MThai Life InsuranceYear: 2024Scope 1: 1,298 tCO2eRevenue: $M 3,174Scope 1 Intensity: 0.41 tCO2e/$MCNO Financial GroupYear: 2024Scope 1: 1,255 tCO2eRevenue: $M 4,446Scope 1 Intensity: 0.28 tCO2e/$MBangkok Life AssuranceYear: 2023Scope 1: 461 tCO2eRevenue: $M 1,320Scope 1 Intensity: 0.35 tCO2e/$MICICI Prudential Life InsuranceYear: 2025Scope 1: 759 tCO2eRevenue: $M 8,179Scope 1 Intensity: 0.09 tCO2e/$MGreat-West LifecoYear: 2024Scope 1: 5,876 tCO2eRevenue: $M 11,970Scope 1 Intensity: 0.49 tCO2e/$MChina Life InsuranceYear: 2024Scope 1: 95,978 tCO2eRevenue: $M 41,506Scope 1 Intensity: 2.31 tCO2e/$MLICYear: 2025Scope 1: 27,014 tCO2eRevenue: $M 104,301Scope 1 Intensity: 0.26 tCO2e/$MNew China Life InsuranceYear: 2023Scope 1: 2,389 tCO2eRevenue: $M 9,865Scope 1 Intensity: 0.24 tCO2e/$MSamsung Life InsuranceYear: 2024Scope 1: 32,288 tCO2eRevenue: $M 16,285Scope 1 Intensity: 1.98 tCO2e/$MManulife FinancialYear: 2024Scope 1: 123,897 tCO2eRevenue: $M 31,687Scope 1 Intensity: 3.91 tCO2e/$MSanlamYear: 2024Scope 1: 1,880 tCO2eRevenue: $M 12,076Scope 1 Intensity: 0.16 tCO2e/$MLincoln NationalYear: 2024Scope 1: 2,137 tCO2eRevenue: $M 17,988Scope 1 Intensity: 0.12 tCO2e/$MMercuries Life InsuranceYear: 2023Scope 1: 518 tCO2eRevenue: $M 4,017Scope 1 Intensity: 0.13 tCO2e/$MChallengerYear: 2024Scope 1: 3 tCO2eRevenue: $M 426Scope 1 Intensity: 0.01 tCO2e/$MPrudentialYear: 2024Scope 1: 1,562 tCO2eRevenue: $M 6,010Scope 1 Intensity: 0.26 tCO2e/$MSBI Life InsuranceYear: 2025Scope 1: 4,109 tCO2eRevenue: $M 13,686Scope 1 Intensity: 0.30 tCO2e/$MChina Pacific Insurance GroupYear: 2024Scope 1: 44,275 tCO2eRevenue: $M 42,679Scope 1 Intensity: 1.04 tCO2e/$MHapvidaYear: 2024Scope 1: 9,637 tCO2eRevenue: $M 4,680Scope 1 Intensity: 2.06 tCO2e/$MPing AnYear: 2024Scope 1: 28,158 tCO2eRevenue: $M 102,059Scope 1 Intensity: 0.28 tCO2e/$MPower Corporation of CanadaYear: 2023Scope 1: 10,379 tCO2eRevenue: $M 29,799Scope 1 Intensity: 0.35 tCO2e/$M

How does Power Corporation of Canada's GHG emissions intensity compare to its peers?

In 2023, Power Corporation of Canada reported a Scope 1 emissions intensity of 0.35 tCO₂e per millions USD. Compared to the peer group median of 0.28 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Power Corporation of Canada rank on GHG emissions intensity within its industry?

In 2023, Power Corporation of Canada ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Power Corporation of Canada is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Power Corporation of Canada's Total Carbon Footprint

In 2023, Power Corporation of Canada reported a total carbon footprint of 94,419 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.12% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Power Corporation of Canada's total carbon footprint was Scope 3 emissions, accounting for 74.18% of the company's total carbon footprint, followed by Scope 2 emissions at 14.82%. a

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