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 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.
Industry Benchmark
Omers's score of 39 is higher than 90% 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 2024, OMERS reported total carbon emissions of approximately 8,820,000 kg CO2e, comprising 599,000 kg CO2e from Scope 1, 882,000 kg CO2e from Scope 2, and a significant 7,290,000 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to previous years, with 2022 emissions recorded at about 3,381,652 kg CO2e, including 47,000 kg CO2e from Scope 1, 49,000 kg CO2e from Scope 2, and 124,000 kg CO2e from Scope 3. OMERS has demonstrated a commitment to addressing climate change, although specific reduction targets or initiatives have not been disclosed. The organisation's emissions data reflects a focus on transparency, with disclosures across multiple scopes, particularly in 2022 and 2024. The Weighted Average Carbon Intensity (WACI) for 2023 was reported at 0.079, indicating ongoing efforts to monitor and manage carbon emissions relative to revenue. As OMERS continues to navigate its climate commitments, the absence of defined reduction targets suggests an opportunity for further strategic planning in emissions reduction and sustainability initiatives.
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| 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 |
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.
