The Canada Life Assurance Company
The Canada Life Assurance Company, commonly referred to as Canada Life, is a leading financial services provider headquartered in Winnipeg, Manitoba, Canada. Established in 1847, the company has a rich history and has evolved to become a prominent player in the insurance and financial services industry, serving clients across Canada and the United Kingdom. Canada Life offers a diverse range of products, including life insurance, health insurance, and investment solutions, tailored to meet the unique needs of individuals and businesses. Its commitment to customer service and innovative financial solutions has solidified its market position, making it a trusted choice for Canadians seeking comprehensive financial security. With a focus on long-term growth and sustainability, Canada Life continues to achieve notable milestones in the industry.
DitchCarbon Score
How does The Canada Life Assurance Company'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 Canada Life Assurance Company's score of 43 is lower than 100% 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 Canada Life Assurance Company currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. However, it is important to note that emissions data may be cascaded from its parent organization, Great-West Lifeco Inc., which operates at a higher corporate level. As a current subsidiary of Great-West Lifeco Inc., The Canada Life Assurance Company may align its climate commitments and reduction initiatives with those of its parent company. However, no specific reduction targets or climate pledges have been identified for The Canada Life Assurance Company itself. In the context of climate action, the company is part of a broader industry movement towards sustainability, although specific initiatives or targets have not been disclosed. The absence of detailed emissions data and reduction commitments suggests that The Canada Life Assurance Company is still in the process of developing its climate strategy or may rely on the overarching goals set by Great-West Lifeco Inc. Overall, while The Canada Life Assurance Company is positioned within a corporate family that may have climate initiatives, specific emissions data and reduction targets for the company remain unspecified.
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| 2007 | 2013 | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,483,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000 | 0,000,000 |
| Scope 2 | 24,693,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | - | 0,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000 | 000,000,000 |
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 Canada Life Assurance Company is not participating in any 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.
