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 34 is higher than 60% 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 Corporation 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 (market-based), and 12,415,000 kg CO2e from Scope 3 emissions, with business travel contributing 11,962,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 34,145,000 kg CO2e, indicating a rise in emissions year-on-year. The breakdown for 2022 shows 17,380,000 kg CO2e from Scope 1, 7,928,000 kg CO2e from Scope 2 (market-based), and 8,838,000 kg CO2e from Scope 3, primarily from business travel at 8,353,000 kg CO2e. Intact Financial has not set specific reduction targets or initiatives as per the latest data, and there are no climate pledges reported. The emissions data is not cascaded from any parent organization, indicating that it is independently reported by Intact Financial Corporation. The company has disclosed emissions across all three scopes, demonstrating transparency in its reporting practices. The GHG intensity metrics indicate a focus on measuring emissions relative to revenue and employee count, with values of 0.16 kg CO2e per USD of revenue and 1,320 kg CO2e per employee in 2023. Overall, while Intact Financial has made strides in emissions reporting, the absence of reduction targets suggests an opportunity for further commitment to climate action.
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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.
