Intact Financial
Intact Financial Corporation, commonly known as Intact, is a leading provider of property and casualty insurance in Canada. Headquartered in Toronto, Ontario, the company operates extensively across the country, serving both personal and commercial clients. Founded in 1800, Intact has achieved significant milestones, including the acquisition of various insurance firms, which has solidified its position as a market leader. Intact offers a diverse range of insurance products, including auto, home, and business insurance, distinguished by their customer-centric approach and innovative solutions. The company is recognised for its strong financial performance and commitment to sustainability, making it a trusted choice for millions of Canadians. With a robust market presence, Intact continues to set industry standards while adapting to the evolving needs of its clients.
DitchCarbon Score
How does Intact 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
Intact Financial's score of 32 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Intact Financial's reported carbon emissions
In 2023, Intact Financial reported total carbon emissions of approximately 38,644,000 kg CO2e. This figure includes 17,865,000 kg CO2e from Scope 1 emissions, 8,363,000 kg CO2e from Scope 2 emissions, and 12,415,000 kg CO2e from Scope 3 emissions. Over the years, Intact has shown fluctuations in its emissions, with a notable increase from 34,145,000 kg CO2e in 2022 and a significant rise from 30,368,000 kg CO2e in 2020. The company has disclosed emissions across all three scopes, indicating a comprehensive approach to carbon accounting. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments. This lack of defined reduction strategies may reflect broader industry challenges in setting ambitious climate goals. Intact Financial's emissions intensity metrics, such as GHG intensity per million of direct written premiums and per full-time equivalent employee, suggest ongoing efforts to monitor and manage their carbon footprint relative to business growth. As the company continues to evolve, its future climate commitments and potential reduction targets will be crucial in addressing its environmental impact.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 9,685,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 5,995,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,230,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
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.
Intact 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.
