Beneva
Beneva, a prominent player in the insurance industry, is headquartered in Canada and serves a diverse clientele across the nation. Founded in 2020, Beneva emerged from the merger of La Capitale and SSQ Insurance, marking a significant milestone in the Canadian insurance landscape. The company focuses on providing a wide range of insurance products, including life, health, and property insurance, distinguished by its commitment to customer-centric solutions and innovative technology. With a strong market position, Beneva has quickly gained recognition for its unique approach to insurance, emphasising accessibility and community engagement. The company’s dedication to social responsibility and sustainable practices further enhances its reputation, making it a trusted choice for individuals and businesses alike. Beneva continues to expand its operational footprint, reinforcing its status as a leader in the Canadian insurance market.
DitchCarbon Score
How does Beneva's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Beneva's score of 41 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Beneva's reported carbon emissions
In 2023, Beneva reported total carbon emissions of approximately 1,591,000 kg CO2e, comprising 674,000 kg CO2e from Scope 1, 675,000 kg CO2e from Scope 2, and 242,000 kg CO2e from Scope 3, specifically related to employee commuting. This represents a reduction from 2022, where total emissions were about 1,923,000 kg CO2e, with Scope 1 emissions at 865,000 kg CO2e, Scope 2 at 821,000 kg CO2e, and Scope 3 at 237,000 kg CO2e. Beneva is committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. The company has made a near-term commitment to align with the Science Based Targets initiative (SBTi), demonstrating its dedication to reducing its carbon footprint in the financial sector. This commitment reflects a proactive approach to climate action, positioning Beneva as a responsible player in the banking and insurance industries in Canada.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 865,000 | 000,000 |
| Scope 2 | 821,000 | 000,000 |
| Scope 3 | 237,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Beneva is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
