Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• New GHG emission reduction targets (By 2035): GHG emissions intensity of our real estate holdings - 60%; Carbon intensity of our public bond portfolio - 40%

Social Achievements

• Continued implementation of our FLEXIBLE Working Model
• Development of the Global Client Experience Program
• Philanthropy: $9.4M

Governance Achievements

• Ranked 7th out of 219 companies in the 2023 Board Games
• Percentage of women on the Board 50% As at December 31, 2023, 54% for independent directors

Climate Goals & Targets

Environmental Challenges

• Risks related to climate change including the transition to a low-carbon economy and iA Financial Group’s ability to satisfy stakeholder expectations on environmental, social and governance issues
• Unfavourable economic conditions and financial instability, including interest rate hikes by central banks to fight inflation. The war in Ukraine, the Hamas-Israel conflict and tension in China are also causing instability in global markets.

Mitigation Strategies

• Corporate Climate Risk Management Policy
• The Company’s ability to anticipate and mitigate headwinds in its markets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Climate Change
• Diversity & Inclusion
• Governance

Environmental Achievements

• Reduced GHG intensity of Canadian real estate portfolio by 60% by 2035 (compared to 2022 baseline)
• Reduced carbon intensity of public corporate bond portfolio by 40% by 2035 (compared to 2022 baseline)

Social Achievements

• 39% women in senior management (targeting 40-60% by 2025)
• 86.5% of employees feel engaged in their work
• CAD 9.5 million donated to nearly 600 social and community organizations

Governance Achievements

• Ranked 7th out of 219 Canadian companies for governance in the 2023 Board Games ranking
• Implemented information security and cybersecurity program
• First materiality analysis conducted with stakeholders to determine future priorities

Climate Goals & Targets

Environmental Challenges

• Economic and financial uncertainty in a context of geopolitical tensions
• Adverse economic conditions and financial instability with persistent inflation, further credit market deterioration due to a high-rate environment, rising defaults and lower recovery rates, and increased unemployment
• War in Ukraine, the Israel-Hamas conflict spreading to other regions, and strategic competition between the US and China also create instability in global markets.

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, TCFD

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Prix distinction – category Mental Health and Well-being – Large Companies – 2022-2023
• 2nd in J.D. Power’s 2023 Canada Wealth Management Digital Experience Study
• 3rd in J.D. Power’s 2024 Dealer Financing Satisfaction Study
• 5th in Glassdoor’s Best Places to Work in Canada in 2023
• 7th in The Globe and Mail’s Board Games with a score of 94% (22nd in 2022)
• Dominant position in US Dealers’ Choice Awards 2023, including first place in the digital marketing category
• 48th among Canada’s Best Employers in 2024 according to Forbes

Environmental Metrics

ESG Focus Areas

• Sustainable Growth
• ESG Opportunities
• Carbon Footprint Reduction

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Code of conduct
• Exclusion of companies deriving >10% of revenue from tobacco, armaments, alcohol, gambling, adult entertainment, or fossil fuel extraction

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainable investing

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities