The Co-operators Group Limited
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 51 is higher than 69% 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. Comparatively, 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. This indicates a slight increase in emissions year-on-year. The Co-operators Group Limited has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor does it have documented climate pledges. The company’s emissions data is self-reported and does not cascade from any parent organization, ensuring that the figures reflect its independent operations. Overall, the company is actively monitoring its carbon footprint across all scopes, but further commitments and reduction strategies would enhance its climate action profile.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 3,269,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,117,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 24,740,000 | 00,000,000 | 00,000,000 | 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.
The Co-operators Group Limited is participating in some 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.
