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Financial Intermediation
CA
updated 8 months ago

Mackenzie Financial Corporation

Company website

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.

15

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.

27

Industry Benchmark

Mackenzie Financial Corporation's score of 15 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

10%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mackenzie Financial Corporation's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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 Mackenzie Financial Corporation is in CA, which has a very 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.

Mackenzie Financial Corporation 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

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Where does DitchCarbon data come from?

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