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Insurance Services
CA
updated 7 months ago

Industrial Alliance Insurance and Financial Services Inc.

Company website

Industrial Alliance Insurance and Financial Services Inc., commonly known as Industrial Alliance, is a prominent player in the Canadian insurance and financial services industry. Headquartered in Quebec City, CA, the company has established a strong presence across major regions in Canada, offering a diverse range of products and services since its founding in 1892. Specialising in life and health insurance, investment solutions, and retirement plans, Industrial Alliance distinguishes itself through innovative offerings tailored to meet the evolving needs of its clients. The company has achieved significant milestones, including its expansion into the U.S. market and the introduction of cutting-edge digital tools for policy management. With a commitment to customer-centric service and a robust financial foundation, Industrial Alliance has earned a reputation as a trusted provider, consistently ranking among the top insurance firms in Canada.

DitchCarbon Score

How does Industrial Alliance Insurance and Financial Services 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.

42

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.

29

Industry Benchmark

Industrial Alliance Insurance and Financial Services Inc.'s score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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Industrial Alliance Insurance and Financial Services Inc.'s reported carbon emissions

Inherited from iA Financial Corporation Inc.

Industrial Alliance Insurance and Financial Services Inc., headquartered in Canada, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of iA Financial Corporation Inc., which may influence its climate commitments and performance metrics. As of now, there are no documented reduction targets or climate pledges from Industrial Alliance Insurance and Financial Services Inc. This lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. The absence of emissions data and reduction targets indicates a potential opportunity for the company to enhance its sustainability efforts and align with industry standards. As a subsidiary, it may benefit from the broader climate initiatives and strategies implemented by its parent company, iA Financial Corporation Inc., which could include participation in frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). In summary, while Industrial Alliance Insurance and Financial Services Inc. does not currently report specific emissions figures or reduction targets, its affiliation with iA Financial Corporation Inc. may provide a pathway for future climate commitments and improved sustainability practices.

Unlock detailed emissions data

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

20192020202120222023
Scope 1
4,322,000
0,000,000
00,000,000
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
0,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Industrial Alliance Insurance and Financial Services Inc.'s primary industry is Insurance and pension funding services, except compulsory social security services (66), 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 Industrial Alliance Insurance and Financial Services 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.

Industrial Alliance Insurance and Financial Services 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

Where does DitchCarbon data come from?

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

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