Power Corporation of Canada
Power Corporation of Canada, often referred to as Power Corp, is a leading diversified management and holding company headquartered in Montreal, Quebec. Established in 1925, the company has evolved significantly, focusing on financial services, asset management, and sustainable investments across Canada and internationally. With a strong presence in North America and Europe, Power Corporation operates through its subsidiaries, including Great-West Lifeco and IGM Financial, offering unique products and services in insurance, investment management, and retirement solutions. The company is recognised for its commitment to innovation and responsible investing, positioning itself as a key player in the financial services industry. Power Corporation's notable achievements include a robust market position and a reputation for delivering long-term value to its stakeholders, making it a trusted name in the financial landscape.
DitchCarbon Score
How does Power Corporation of Canada'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 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.
Industry Benchmark
Power Corporation of Canada's score of 46 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Power Corporation of Canada's reported carbon emissions
In 2023, Power Corporation of Canada reported total carbon emissions of approximately 70,043,000 kg CO2e, with emissions distributed across various scopes: 10,379,000 kg CO2e (Scope 1), 11,036,000 kg CO2e (Scope 2, market-based), and 70,043,000 kg CO2e (Scope 3). The previous year, 2022, saw total emissions of about 67,275,000 kg CO2e, indicating a slight increase in emissions. For 2022, the breakdown included 12,139,000 kg CO2e (Scope 1), 11,535,000 kg CO2e (Scope 2, market-based), and 67,275,000 kg CO2e (Scope 3). In 2021, emissions were approximately 65,718,000 kg CO2e, with 10,049,000 kg CO2e (Scope 1) and 11,988,000 kg CO2e (Scope 2, market-based). The 2020 figures showed total emissions of about 69,367,000 kg CO2e, with 9,994,000 kg CO2e (Scope 1) and 1,455,000 kg CO2e (Scope 2, market-based). Despite the emissions data, Power Corporation of Canada has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within a global context where many organisations are increasingly focusing on sustainability and carbon neutrality.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 9,994,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,455,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 69,367,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Power Corporation of Canada 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.
