Public Profile

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.

21

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.

13

Industry Benchmark

Beneva's score of 21 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

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 from employee commuting. This marks a significant reduction from 2022, where total emissions were about 1,923,000 kg CO2e, with Scope 1 at 865,000 kg CO2e, Scope 2 at 821,000 kg CO2e, and Scope 3 at 237,000 kg CO2e. Beneva has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi), which underscores the company's dedication to sustainable practices within the financial and insurance sectors. The organisation's proactive approach to reducing its carbon footprint reflects its responsibility towards climate action and environmental stewardship.

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20222023
Scope 1
865,000
000,000
Scope 2
821,000
000,000
Scope 3
237,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Beneva's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Beneva is headquartered in CA, which has a rank of low, indicating low grid carbon 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 committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers