ICBC

Sustainability Report and Carbon Intensity Rankings

Is ICBC doing their part?

Their DitchCarbon score is 45

ICBC has a DitchCarbon Score of 45 out of 100, indicating moderate performance in sustainability measures. This score reflects the company’s current carbon intensity, suggesting there is significant room for improvement in reducing emissions. A higher score would denote a lower carbon intensity and a stronger commitment to environmental sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

ICBC operates within the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

ICBC operates in Canada, a region with a very low carbon intensity rating. This suggests that the company’s sustainability efforts are supported by the country’s overall low carbon footprint.
5.83%

...this company is doing 5.83% worse in emissions than the industry average.

The Insurance Corporation of British Columbia (ICBC), founded in 1973 and headquartered in North Vancouver, operates within the finance sector, specifically focusing on auto insurance. As a provincial Crown corporation, ICBC offers universal auto insurance to motorists, along with licensing and insuring drivers and vehicles across British Columbia. They are dedicated to customer safety, environmental responsibility, and fostering an inclusive workplace, serving clients through a network of service centers, independent brokers, and government agent offices.

emission intelligence's platform recommendations for ICBC

ICBC could reduce its Scope 1 emissions by optimizing combustion efficiency with routine maintenance and fine-tuning of their stationary combustion sources.

Bad news, ICBC has not committed to SBTi goals yet

ICBC has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company has not publicly outlined or committed to concrete targets for reducing greenhouse gas emissions in line with climate science.
Not participating

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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