Industrial Alliance Insurance and Financial Services

Sustainability Report and Carbon Intensity Rankings

Is Industrial Alliance Insurance and Financial Services doing their part?

Their DitchCarbon score is 30

Industrial Alliance Insurance and Financial Services has a DitchCarbon Score of 30 out of 100. This indicates a lower performance in sustainability efforts and a higher carbon intensity relative to benchmarks. The company may need to implement more effective strategies to reduce its carbon footprint and improve its sustainability measures.

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

Industrial Alliance Insurance and Financial Services 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

Industrial Alliance Insurance and Financial Services is located in Canada, a country with a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing the carbon footprint associated with their operations.
20.83%

...this company is doing 20.83% worse in emissions than the industry average.

Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. operates in the finance sector from Canada. As a prominent life and health insurance company, it provides a diverse portfolio of financial products including insurance, savings plans, and investment funds. Industrial Alliance is not only a major player in the Canadian market but also extends its services to the United States, with its stock traded on the Toronto Stock Exchange under IAG.

Bad news, Industrial Alliance still hasn't set SBTi commitments.

Industrial Alliance Insurance and Financial Services has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is either in the process of setting or has not publicly disclosed its goals for reducing greenhouse gas emissions in line with climate science.

There’s always room for improvement,

DitchCarbon recommends...

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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

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