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.
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.
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.
Intact Financial's score of 34 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, the company has shown fluctuations in its emissions, with a notable increase from 34,145,000 kg CO2e in 2022 and a significant rise from 28,259,000 kg CO2e in 2021. In terms of emissions reduction, Intact Financial has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that while the company is tracking its emissions, it may not yet have formalised commitments to reduce them in line with industry standards. Overall, Intact Financial's emissions data reflects its operational impact on climate change, and the company continues to monitor its carbon footprint as part of its broader environmental strategy.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.