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.
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.
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.
Ia Financial's score of 32 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 primarily stem from stationary combustion, and 3,171,000 kg CO2e from Scope 2 emissions related to purchased electricity. The majority of their emissions, about 397,183,000 kg CO2e, fall under Scope 3, with significant contributions from investments and business travel. In 2022, Ia Financial's total emissions were approximately 482,755,000 kg CO2e, with Scope 1 emissions at 8,907,000 kg CO2e, Scope 2 at 2,889,000 kg CO2e, and Scope 3 emissions reaching around 471,730,000 kg CO2e. This indicates a notable reduction in total emissions from 2022 to 2023. Despite these figures, Ia Financial has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor and report its emissions, aligning with industry standards for transparency in climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
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 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.