Co-operators General Insurance Company Sustainability Profile
Co-operators General Insurance Company, commonly known as Co-operators, is a leading Canadian insurance provider headquartered in Guelph, Ontario. Established in 1945, the company has grown to serve various regions across Canada, offering a comprehensive range of insurance products and financial services. Specialising in property and casualty insurance, Co-operators stands out for its commitment to sustainability and community involvement. Its core offerings include auto, home, and commercial insurance, all designed with a focus on customer-centric solutions. Recognised for its strong market position, Co-operators has received numerous accolades for its innovative approach and dedication to client satisfaction. With a rich history and a forward-thinking ethos, Co-operators continues to be a trusted name in the Canadian insurance landscape.
DitchCarbon Score
How does Co-operators General Insurance Company'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 Insurance 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
Co-operators General Insurance Company's score of 25 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Co-operators General Insurance Company's reported carbon emissions
In 2022, Co-operators General Insurance Company reported total carbon emissions of approximately 15,597,000 kg CO2e in Canada. This figure includes Scope 1 emissions of about 1,481,000 kg CO2e, which are primarily from stationary and mobile combustion sources, and Scope 2 emissions of approximately 1,257,000 kg CO2e. Notably, Scope 3 emissions accounted for the largest share, totalling around 12,859,000 kg CO2e, with significant contributions from business travel (about 1,706,000 kg CO2e) and employee commuting (approximately 1,381,000 kg CO2e). The company has not disclosed specific reduction targets or initiatives, and there are no current commitments to the Science Based Targets initiative (SBTi). Emissions data for 2023 is not available, and the company’s climate commitments remain unspecified. It is important to note that the emissions data reported is cascaded from its parent organization, The Co-operators Group Limited, reflecting the company's current subsidiary status. Overall, Co-operators General Insurance Company is positioned within an industry increasingly focused on carbon reduction, yet it currently lacks defined targets or significant reduction initiatives.
How Carbon Intensive is Co-operators General Insurance Company's Industry?
How Carbon Intensive is Co-operators General Insurance Company's Location?
Co-operators General Insurance Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Co-operators General Insurance Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
