The Co-operators Group Limited Sustainability Profile
The Co-operators Group Limited, commonly referred to as The Co-operators, is a leading Canadian insurance and financial services provider headquartered in Guelph, Ontario. Established in 1945, the company has grown to serve clients across Canada, offering a diverse range of products and services in the insurance sector, including home, auto, and life insurance, as well as investment solutions. Renowned for its commitment to community and sustainability, The Co-operators stands out in the industry with its unique cooperative model, which prioritises member engagement and social responsibility. Over the years, the company has achieved significant milestones, including numerous awards for customer service excellence and innovation in insurance solutions. With a strong market position, The Co-operators continues to be a trusted choice for Canadians seeking comprehensive and reliable financial protection.
DitchCarbon Score
How does The Co-operators Group Limited'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
The Co-operators Group Limited's score of 54 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Co-operators Group Limited's reported carbon emissions
In 2024, The Co-operators Group Limited reported total carbon emissions of approximately 21,816,000 kg CO2e. This figure includes 1,640,000 kg CO2e from Scope 1 emissions, 2,281,000 kg CO2e from Scope 2 emissions, and a significant 17,895,000 kg CO2e from Scope 3 emissions. In 2023, the total emissions were about 20,947,000 kg CO2e, with Scope 1 at 1,884,000 kg CO2e, Scope 2 at 2,341,000 kg CO2e, and Scope 3 at 16,722,000 kg CO2e. Over the years, the company has shown a trend of increasing emissions, with 2022 emissions recorded at 20,256,000 kg CO2e and 2021 at 17,460,000 kg CO2e. The emissions data indicates a growing reliance on activities contributing to Scope 3 emissions, which represent the majority of their carbon footprint. Despite the lack of specific reduction targets or initiatives disclosed, The Co-operators Group Limited is actively engaged in climate-related reporting through the Carbon Disclosure Project (CDP). The organization does not currently have any Science-Based Targets Initiative (SBTi) reduction targets or documented climate pledges. The emissions data is not cascaded from any parent organization, indicating that The Co-operators Group Limited independently reports its carbon emissions and climate commitments.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,970,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 11,566,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,064,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is The Co-operators Group Limited's Industry?
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The Co-operators Group Limited's Climate Goals (2030 & 2050)
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.
The Co-operators Group Limited 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.
