Ia Financial
IA Financial Corporation, commonly known as IA Financial, is a prominent player in the Canadian financial services industry, headquartered in La Malbaie, Quebec. Founded in 1892, the company has established a strong presence across Canada, offering a diverse range of products and services, including life insurance, investment solutions, and retirement planning. IA Financial is recognised for its innovative approach to financial security, providing tailored solutions that meet the unique needs of its clients. With a commitment to excellence, the company has achieved significant milestones, including notable growth in assets under management and a strong market position among Canadian insurers. Its dedication to customer service and financial well-being sets IA Financial apart in a competitive landscape, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Ia Financial'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
Ia Financial's score of 41 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ia Financial's reported carbon emissions
In 2023, Ia Financial reported total carbon emissions of approximately 407,838,000 kg CO2e. This figure includes 6,697,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from stationary combustion and mobile sources. Scope 2 emissions, primarily from purchased electricity, accounted for about 3,171,000 kg CO2e. The majority of their emissions, approximately 397,183,000 kg CO2e, fell under Scope 3, which includes investments, business travel, employee commuting, and waste generated in operations. Comparatively, in 2022, Ia Financial's total emissions were about 482,755,000 kg CO2e, indicating a significant reduction in emissions year-on-year. The company has not disclosed specific reduction targets or initiatives, nor have they committed to Science Based Targets Initiative (SBTi) reduction targets. However, they continue to monitor and report their emissions across all three scopes, demonstrating a commitment to transparency in their climate impact. Overall, Ia Financial's emissions data reflects their ongoing efforts to manage and reduce their carbon footprint, although specific reduction strategies or commitments have not been detailed.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,322,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 68,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,885,000 | 0,000,000 | 000,000 | 000,000,000 | 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.
Ia Financial is not participating in any 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.
