BCI, or British Columbia Investment Management Corporation, is a leading investment management firm headquartered in Victoria, British Columbia, Canada. Established in 1999, BCI has grown to become one of the largest institutional investors in Canada, managing a diverse portfolio across various asset classes, including public equity, fixed income, and real estate. With a strong focus on sustainable investing, BCI is committed to integrating environmental, social, and governance (ESG) factors into its investment strategies. The firm serves a wide range of clients, including public sector pension plans and other institutional investors, positioning itself as a trusted partner in the financial landscape. Notable achievements include consistently strong investment returns and a reputation for innovation in the investment management industry.
How does Bci'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.
Mean score of companies in the Services Auxiliary to 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.
Bci's score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BCI reported total carbon emissions of approximately 3,924,000 kg CO2e, with Scope 1 emissions at about 49,000 kg CO2e, Scope 2 emissions at around 65,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 3,810,000 kg CO2e. This marks an increase from 2022, where total emissions were about 3,165,000 kg CO2e, with Scope 1 at 51,000 kg CO2e, Scope 2 at 26,000 kg CO2e, and Scope 3 at approximately 3,088,000 kg CO2e. BCI has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions by 2050 across its operations, specifically targeting Scope 1 and 2 emissions. Additionally, the organisation is working towards a 30% reduction in carbon exposure for its public equities portfolio by 2025, using 2019 as the baseline year. This commitment reflects BCI's strategy to engage with carbon-intensive companies to facilitate their transition to a low-carbon economy. The organisation's climate initiatives include investing in methane detection and creating incentives for executives and employees to meet short, mid, and long-term emission reduction targets. BCI's efforts are part of a broader commitment to sustainability and responsible investment practices, aligning with industry standards and expectations for climate action.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 56,500 | 00,000 | - | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 18,200 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 1,944,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
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.
Bci 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.
