Omers
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the 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
Omers's score of 31 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Omers's reported carbon emissions
In 2022, OMERS reported total carbon emissions of approximately 3,381,652,000 kg CO2e, which included 47,000 kg CO2e from Scope 1, 49,000 kg CO2e from Scope 2, and 124,000 kg CO2e from Scope 3 emissions. This marked a significant reduction from 2021, where total emissions were about 3,939,910,000 kg CO2e. The trend shows a consistent decrease in emissions over the years, with 2020 emissions recorded at approximately 5,124,998,000 kg CO2e and 2021 emissions at about 3,939,910,000 kg CO2e. OMERS has not specified any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future development in their climate strategy. Overall, OMERS demonstrates a commitment to reducing its carbon footprint, as evidenced by the declining emissions figures, although further clarity on specific reduction initiatives would enhance their sustainability profile.
Unlock detailed emissions data
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Add to project| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 47,000 | 00,000 |
| Scope 2 | 41,000 | 00,000 |
| Scope 3 | - | 000,000 |
Industry emissions intensity
Location emissions intensity
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.
Omers is not committed to any reduction initiatives 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.
