OMERS, officially known as the Ontario Municipal Employees Retirement System, is a leading Canadian pension fund headquartered in Toronto, Ontario. Established in 1962, OMERS has grown to become one of the largest pension plans in Canada, managing a diverse portfolio across various sectors, including infrastructure, private equity, and real estate. With a strong focus on long-term investment strategies, OMERS offers unique services that cater to the retirement needs of municipal employees. The fund is renowned for its innovative approach to asset management and commitment to sustainable investing. Over the years, OMERS has achieved significant milestones, solidifying its position as a key player in the global investment landscape. Its dedication to delivering value to its members and stakeholders sets OMERS apart in the competitive pension fund industry.
How does Omers'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.
Omers's score of 38 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, OMERS reported total carbon emissions of approximately 8,000,000 kg CO2e, comprising 599,000 kg CO2e from Scope 1, 882,000 kg CO2e from Scope 2, and about 7,290,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, covering all relevant scopes. OMERS has established significant reduction targets aimed at decreasing the carbon intensity of its portfolio. The organisation set a goal to reduce portfolio carbon intensity by 20% by 2025, using 2019 as the baseline. Additionally, OMERS has an interim target of achieving a 50% reduction in carbon intensity by 2030, also based on 2019 levels. These targets demonstrate OMERS's commitment to addressing climate change and reducing its overall carbon footprint. The emissions data is not cascaded from any parent organisation, indicating that OMERS Administration Corporation independently reports its emissions and climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2024 | |
|---|---|---|---|
| Scope 1 | 47,000 | 00,000 | 000,000 |
| Scope 2 | 41,000 | 00,000 | 000,000 |
| Scope 3 | - | 000,000 | 0,000,000 |
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.
Omers 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.

