Great West Lifeco
Great-West Lifeco Inc., headquartered in Canada, is a prominent player in the financial services industry, specialising in life insurance, health insurance, and asset management. Founded in 1891, the company has established a strong presence across North America and Europe, with significant operations in Canada, the United States, and the United Kingdom. With a diverse portfolio of core products, including individual and group insurance plans, retirement solutions, and investment management services, Great-West Lifeco distinguishes itself through its commitment to customer-centric innovation and financial security. The company has achieved notable milestones, including strategic acquisitions that have bolstered its market position, making it one of the leading insurance and financial services providers in the region.
DitchCarbon Score
How does Great West Lifeco'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 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
Great West Lifeco's score of 45 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Great West Lifeco's reported carbon emissions
In 2022, Great West Lifeco reported total carbon emissions of approximately 8,861,150 kg CO2e for Scope 1, about 12,007,000 kg CO2e for Scope 2 (market-based), and significant Scope 3 emissions, including approximately 5,078,860 kg CO2e from business travel. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been detailed in the available data. Over the years, emissions have fluctuated, with Scope 1 emissions increasing from about 11,979,010 kg CO2e in 2013 to 19,386,750 kg CO2e in 2019, before decreasing to 6,649,930 kg CO2e in 2021 and then rising again in 2022. Scope 2 emissions also varied, peaking at approximately 33,448,000 kg CO2e in 2017 and then decreasing to about 12,007,000 kg CO2e in 2022. Great West Lifeco's Scope 3 emissions have been substantial, with notable figures such as approximately 20,000,000 kg CO2e in 2021 from purchased goods and services. The company has not specified any science-based targets or formal climate pledges, indicating a potential area for future commitment and improvement in their sustainability strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2013 | 2017 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 11,979,010 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 30,463,290 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 18,208,020 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000 |
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.
Great West Lifeco 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.
