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Omers is a prominent Canadian insurance and pension funding services provider, commonly referred to as OMERS. Headquartered in Ontario, Canada, the organisation operates extensively across the country, serving a diverse range of clients within the pension and insurance sectors. Established in 1962, OMERS has grown to become one of Canada's leading pension funds, managing significant assets and delivering reliable retirement solutions.
Specialising in pension fund management and insurance services, OMERS offers a comprehensive suite of products designed to meet the needs of public sector employees and other stakeholders. Its unique investment approach and commitment to long-term growth have positioned OMERS as a trusted leader in the industry. Recognised for its stability and strategic investments, OMERS continues to play a vital role in Canada's financial landscape.
42
DitchCarbon score
+3 vs industry average
Omers’s score of 42 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Insurance Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Omers's reported carbon emissions
OMERS, an insurance and pension funding services provider headquartered in Canada, is committed to reducing its carbon footprint.
In 2024, OMERS reported Scope 1 emissions of approximately 599,000 kg CO2e, Scope 2 emissions of approximately 882,000 kg CO2e, and Scope 3 emissions of approximately 7,290,000 kg CO2e.
Looking at historical data, OMERS reported total emissions of approximately 3,381,652,000 kg CO2e in 2022 and approximately 3,939,910,000 kg CO2e in 2021. Prior to this, in 2020, total emissions were approximately 5,124,998,000 kg CO2e. In 2019 and 2023, OMERS disclosed Scope 3 emissions related to investments, reporting approximately 4,586,547,000 kg CO2e in 2019 and 3,132,627,000 kg CO2e in 2023.
OMERS has established interim goals to reduce its portfolio carbon intensity. A near-term goal set for 2030 aims for a 50% reduction in portfolio carbon intensity from a 2019 baseline. Additionally, an earlier goal aimed to decrease the carbon intensity of its portfolio by 20% by 2025, using 2019 as the baseline and the Weighted Average Carbon Intensity (WACI) metric.
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Omers’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Omers15 days ago
42
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