Public Profile

IGM Financial Inc.

IGM Financial Inc., headquartered in Canada, is a prominent player in the financial services industry, specialising in wealth and asset management. Founded in 2001, the company has established itself as a leader through its innovative approach to investment solutions and client service. With a strong presence across major Canadian markets, IGM Financial operates through its well-known subsidiaries, including Investors Group and Mackenzie Investments. The firm offers a diverse range of products and services, including mutual funds, financial planning, and investment management, distinguished by their commitment to personalised client experiences. IGM Financial's market position is bolstered by its robust performance and a reputation for excellence, making it a trusted choice for investors seeking comprehensive financial strategies.

DitchCarbon Score

How does IGM Financial Inc.'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.

37

Industry Average

Mean score of companies in the Financial Intermediation 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.

26

Industry Benchmark

IGM Financial Inc.'s score of 37 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.

86%

Let us know if this data was useful to you

IGM Financial Inc.'s reported carbon emissions

In 2023, IGM Financial Inc. reported total carbon emissions of approximately 5,640,000 kg CO2e, comprising 4,000 kg CO2e from Scope 1, 4,000 kg CO2e from Scope 2, and 5,640,000 kg CO2e from Scope 3 emissions. This represents a slight increase in Scope 3 emissions compared to 2022, where they were about 5,407,000 kg CO2e. Over the past few years, IGM Financial has shown fluctuations in its emissions profile. In 2022, the company recorded total emissions of approximately 5,407,000 kg CO2e, with Scope 1 and Scope 2 emissions at 4,000 kg CO2e and 2,000 kg CO2e, respectively. In 2021, total emissions were about 4,429,000 kg CO2e, with Scope 1 emissions at 4,000 kg CO2e and Scope 2 at 5,000 kg CO2e. Despite these figures, IGM 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 has disclosed emissions across all three scopes, highlighting its awareness of the broader impact of its operations, particularly in Scope 3, which includes emissions from purchased goods and services. Overall, while IGM Financial Inc. has made strides in transparency regarding its carbon emissions, the lack of defined reduction targets suggests an opportunity for further commitment to climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20192020202120222023
Scope 1
1,078,000
00,000
0,000
0,000
0,000
Scope 2
-
00,000
0,000
0,000
0,000
Scope 3
8,446,000
0,000,000
0,000,000
0,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. IGM Financial Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for IGM Financial Inc. is in CA, which has a low grid carbon intensity relative to other regions.

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.

IGM Financial Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

AGF Management Limited

CA
Financial intermediation services, except insurance and pension funding services (65)
Updated about 15 hours ago

Ia Financial

CA
Insurance and pension funding services, except compulsory social security services (66)
Updated about 7 hours ago

Guardian Capital Group Limited

CA
Financial intermediation services, except insurance and pension funding services (65)
Updated about 15 hours ago

ATB Financial

CA
Services auxiliary to financial intermediation (67)
Updated about 7 hours ago

Mackenzie Financial Corporation

CA
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago
DitchCarbon Score

Canaccord Genuity Group Inc.

CA
Financial intermediation services, except insurance and pension funding services (65)
Updated about 15 hours ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers