Underscoring its commitment to reducing its carbon footprint, Great-West Lifeco Inc. announced that it has earned an A- (leadership) rating on CDP’s 2018 Climate Change Questionnaire – the highest rating among Canada’s insurers.
CDP, formerly the Carbon Disclosure Project, is a global disclosure system for investors, businesses, and governments to manage their environmental impacts. Its annual questionnaire identifies global leaders in the management of carbon, climate change risks, and low carbon opportunities.
Throughout the reporting year, Great-West Lifeco property and asset management teams worked collaboratively toward dialling back greenhouse gas emissions by implementing realistic and economically practical projects, such as building equipment retrofits, ongoing commissioning projects, and other operational enhancements and behavioural changes.
“This achievement reflects our commitment to reporting high-quality greenhouse gas emissions data and reducing our global impact across global operations,” said Paul Mahon, president and chief executive officer at Great-West Lifeco. “We’re committed to managing our environmental footprint for stronger, healthier communities across Canada.”
More than 650 investors with US$87 trillion in assets request information on climate change, water or forests through CDP. Reporting companies now represent more than 50% of global market capitalization.
