- Global economic headwinds (higher interest rates and prices, global instability)
- Climate change (extreme weather events)
- Indigenous reconciliation (need for greater understanding and action)
- Evolving talent practices (managing talent to meet current and future needs in a hybrid work model)
- Sustainability-related disclosure standards (demand for high-quality, consistent, and comparable data)
IGM Financial Inc.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, IGM Financial Inc. disclosed greenhouse gas emissions of 5.6K tCO2e (before offsets). By scope: Scope 1: 2 tCO2e; Scope 2: 7 tCO2e; Scope 3: 5.6K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
5.6K tCO2e (before offsets)
2023
Renewable Energy
100% (electricity)
of total energy
Water Usage
107.0K m3
2023
Waste
46 tons
2023
Energy Use
8.1K MWh (total)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 5.6K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 5.6K tCO2e (before offsets) |
| 2022 | 5.8K tonnes of CO2 equivalent (after offsets) |
| 2021 | 46.6K Metric tonnes of CO2e |
| 2020 | 66.0K Metric tonnes of CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 9% reduction in leased office space since 2019, including a 27,000 square foot reduction in 2023
- 11% improvement in Winnipeg corporate office’s waste diversion rate, from 37% in 2022 to 49% in 2023
- 100% of items from closed or renovated sites diverted from landfill from 2017 to year-end 2023
- Achieved carbon neutrality in 2022 across corporate offices and travel
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce leased office space by 20% from December 2023 to December 2026
📅 Medium-term
- Reduce Scope 1 and 2 emissions by 100% by 2030 (versus 2013 baseline)
🌱 ESG Focus Areas
Building financial well-beingAdvancing sustainable investingAccelerating DE&I in financeResponsible business practices