Mackenzie Financial Corporation Sustainability Profile
Mackenzie Financial Corporation, commonly referred to as Mackenzie Investments, is a prominent Canadian investment management firm headquartered in Toronto, Ontario. Established in 1967, the company has built a strong reputation in the financial services industry, focusing on asset management and investment solutions for both individual and institutional clients across Canada and beyond. Mackenzie offers a diverse range of products, including mutual funds, ETFs, and alternative investments, distinguished by their commitment to active management and innovative strategies. The firm is recognised for its robust research capabilities and a client-centric approach, which has positioned it as a leader in the Canadian market. With a history of significant milestones, Mackenzie continues to evolve, adapting to the changing landscape of investment management while maintaining a strong focus on delivering value to its clients.
DitchCarbon Score
How does Mackenzie Financial Corporation'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 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.
Industry Benchmark
Mackenzie Financial Corporation's score of 27 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mackenzie Financial Corporation's reported carbon emissions
In 2023, Mackenzie Financial Corporation reported carbon emissions of approximately 0.0813 kg CO2e per employee. This figure reflects a significant reduction from 2022, where emissions were about 0.2584 kg CO2e per employee. The data indicates a positive trend in reducing carbon emissions, although specific Scope 1, 2, and 3 emissions data were not disclosed. Mackenzie Financial Corporation is a current subsidiary of IGM Financial Inc., which may influence its sustainability practices and reporting. However, there are no specific reduction targets or climate pledges documented for Mackenzie Financial Corporation at this time. The absence of formal commitments suggests that while the company is making strides in reducing emissions, it may not yet have established comprehensive climate initiatives or targets aligned with industry standards such as the Science Based Targets initiative (SBTi). Overall, Mackenzie Financial Corporation's emissions data indicates a commitment to improving sustainability, but further transparency and formal commitments would enhance its climate strategy.
How Carbon Intensive is Mackenzie Financial Corporation's Industry?
How Carbon Intensive is Mackenzie Financial Corporation's Location?
Mackenzie Financial Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Mackenzie Financial Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
