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IGM Financial

Sustainability Report and Carbon Intensity Rankings

Is IGM Financial doing their part?

Their DitchCarbon score is 49

IGM Financial has a DitchCarbon Score of 49 out of 100, indicating moderate performance in sustainability practices. This score reflects the company’s current carbon intensity level, suggesting there is significant room for improvement. A higher score would demonstrate a stronger commitment to reducing carbon intensity and enhancing 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

IGM Financial is part of 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

IGM Financial is located in Canada, a country with a very low carbon intensity rating. This suggests that the company’s operations benefit from the nation’s strong sustainability efforts and clean energy usage.
1.83%

...this company is doing 1.83% worse in emissions than the industry average.

IGM Financial Inc., founded in 1894, is a leading company in the Canadian finance sector, headquartered in Winnipeg, Manitoba, with a secondary office in Toronto, Ontario. As a prominent provider of personal financial services, it specializes in managing and distributing investment funds and other managed asset products, boasting over $156 billion in assets under management. The company operates primarily through its subsidiaries, Investors Group Inc., Mackenzie Financial Corporation, and Investment Planning Counsel Inc., and is a part of the Power Financial Corporation group.

emission intelligence's platform recommendations for IGM Financial

IGM Financial should establish and pursue clear, science-based targets for reducing their Scope 3 emissions, while enhancing transparency in their reporting and encouraging sustainability across their supply chain, potentially decreasing emissions by 35%.

Good news, IGM Financial has embraced SBTi commitments

IGM Financial has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions in line with climate science. This commitment means the company will develop and implement strategies to significantly lower its carbon footprint to prevent the worst impacts of climate change.
Participating

The Ultimate Guide to Building Sustainability Into Procurement​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

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Our methodology

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

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