Commercial Auto
3 minutes
Our net-zero emission targets*
Guided by global climate objectives
The ultimate goal of gradually reducing our greenhouse gas (GHG) emissions is to achieve net-zero emissions. We’ll adjust our aim based on the latest science and GHG calculation methods.
By 2030
Reduce our GHG emissions by 50% in our operations1 compared to 2022 (reference year) and in our general funds2 compared to 2021 (reference year).
By 2040
Achieve net-zero emissions in our operations1 and general funds.
By 2050
Achieve net-zero emissions across the board.
* Our targets have been set in accordance with United Nations' Sustainable Development Goals 13, 15 and 17, the Paris Agreement, and the United Nations Environment Programme's Principles for Responsible Investment and Principles for Responsible Insurance, to which we are a signatory.
Taking concrete action
Operations
In 2024, we continued our efforts to reduce the carbon footprint of our buildings. By taking actions to improve energy efficiency, transition to renewable energies and modernize our systems, emissions from non-renewable natural gas were reduced by 63.2% compared to 2023.
The purpose of this approach is to avoid new sources of GHG emissions and manage our operations responsibly.
Taking concrete action
Auto, home and recreational vehicle insurance
In 2024, we stepped up our commitment to sustainable development and climate-change resilience by improving our insurance product offering. We did this by launching campaigns to encourage eco-friendly behaviours, implementing sustainable claims management practices and integrating green solutions into our products.
Our actions include:
- Additional savings for electric and plug-in hybrid vehicle owners.
- Prioritizing repair over replacement in the event of a claim.
- Providing crashed hybrid and electric vehicles to various automotive repair schools to encourage the next generation of specialists.
Taking concrete action
Investments
Our climate commitments are based on the latest science. In fact, we will submit our decarbonization targets to the Science Based Targets initiative (SBTi) by the end of 2025.
We are actively investing in this transition with over 25% of our general funds supporting sustainable projects. Moreover, for every dollar invested in fossil fuels, $2.19 will go to renewable energies. Since 2021, the carbon intensity of our internally-managed portfolio has been reduced by 47%.
Taking concrete action
Community
To accelerate this just transition, we’re rallying our team, our members, our partners and the community around important environmental issues.
In 2024, we doubled down on raising awareness by:
- Providing sustainable development training to our team.
- Preparing educational articles and developing campaigns on sustainable commuting.
- Strengthening communication with our financial partners.
- Speaking at local and international events in an effort to advance sustainable insurance practices.
Awards and distinctions Polluting less, performing better
Reducing our buildings' energy consumption and GHG emissions is one of our priorities. Our recent accolades are proof of this.
Building Energy Challenge 2.0
Improved Energy Performance Award for 2475 Laurier
BOMA Québec - 2024
Building Energy Challenge 2.0
Improved Energy Performance Award for 2525 Laurier
BOMA Québec - 2024
Building Energy Challenge 2.0
Improved GHG Performance Award for 2475 Laurier
BOMA Québec - 2023
Building Energy Challenge
Diamond Award – Between 50% and 90% reduction of GHGs for 2505 Laurier
BOMA Québec - 2022
Building Energy Challenge
Improved Energy Performance Award for 2505 Laurier
BOMA Québec - 2022
We’ll keep you in the loop
Vehicle
3 minutes
8 benefits of driving an electric car
Lifestyle
3 minutes
10 tips to reduce your carbon footprint at home
More news about our green commitments
See how our concrete initiatives, inspiring partnerships and eco-friendly practices make a real difference.