Canada Life
Canada Life, officially known as Canada Life Assurance Company, is a prominent player in the financial services industry, headquartered in Ireland (IE). Established in 1847, the company has evolved significantly, marking key milestones in its journey, including its integration into the Great-West Lifeco family in 2003. With a strong presence in Ireland and the UK, Canada Life focuses on life insurance, pensions, and investment solutions, catering to both individual and corporate clients. Its unique offerings, such as tailored retirement plans and comprehensive protection products, set it apart in a competitive market. Recognised for its commitment to customer service and financial stability, Canada Life has solidified its position as a trusted provider, consistently achieving high customer satisfaction ratings and industry accolades.
DitchCarbon Score
How does Canada Life'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 Business Services 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
Canada Life's score of 10 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Canada Life's reported carbon emissions
In 2023, Canada Life reported total carbon emissions of approximately 18,440,476,000 kg CO2e. This figure includes 1,515,891,000 kg CO2e from Scope 1 emissions, 424,022,000 kg CO2e from Scope 2 emissions, and a significant 16,500,563,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the total emissions were about 12,910,968,000 kg CO2e, with Scope 1 at 1,323,560,000 kg CO2e, Scope 2 at 361,311,000 kg CO2e, and Scope 3 at 11,226,097,000 kg CO2e. This indicates an increase in total emissions from 2022 to 2023. Despite the rise in emissions, Canada Life has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company has reported GHG intensity metrics, with a GHG intensity of investee companies across all scopes at 0.9767 in 2023, compared to 0.8985 in 2022. Canada Life's commitment to addressing climate change remains evident, although further details on specific reduction strategies or climate pledges are not available.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,323,560,000 | 0,000,000,000 |
| Scope 2 | 361,311,000 | 000,000,000 |
| Scope 3 | 11,226,097,000 | 00,000,000,000 |
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.
Canada Life is not committed to any 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.
