iA Financial targets 60% emissions cut in real estate portfolio by 2035

iA Financial outlines progress on climate targets, workforce inclusion and philanthropy, and emissions reduction goals for 2035

iA Financial targets 60% emissions cut in real estate portfolio by 2035

Environmental

By Jonalyn Cueto

iA Financial Group has released its 2025 Sustainability Report and 2025 Climate Change Performance Report, detailing the company’s progress and achievements in sustainability and climate action.

The sustainability report is centred around the theme “Succeeding Now and Tomorrow.”

Caroline Drouin, vice-president of investor relations, sustainability and public affairs, said the reports reflect the company’s overall vision and direction.

“These reports illustrate the relevance and scope of our initiatives, attesting to our carefully considered and structured commitment to sustainability. They reflect iA Financial Group’s vision for the future and its desire to innovate in order to better serve its clients, motivate its employees, support its communities and strengthen the company’s resilience in the face of climate-related challenges,” Drouin said.

She added that climate risk integration and workforce inclusion remained priorities during the reporting period.

“In the past year, iA Financial Group continued to integrate climate risks into its integrated risk management framework and maintained its commitment to inclusion and talent engagement, as evidenced by the growth of its inclusion index – clear indicators of its desire to foster an inclusive and responsible culture,” Drouin said.

Climate targets

By 2035, iA Financial aims to reduce the greenhouse gas emission intensity of its Canadian real estate holdings by 60% and the carbon intensity of its public corporate bond portfolio by 40%, based on a 2022 baseline. The company said both its real estate and investment portfolios are making methodical progress toward these targets.

According to a news release, the 2025 Climate Change Performance Report provides information on the company’s performance in climate risk management and the progress made in developing its climate strategy.

Inclusion and workforce

The company reported that its inclusion index rose from 82.3% in September 2024 to 86% in the 2025 survey. iA Financial Group also maintained its Parity Certification – Silver level in Canada and Bronze level in the United States – awarded by Women in Governance.

The company contributed $11.4 million to more than 600 charitable organisations in 2025 as part of its philanthropic commitments.

On workforce recognition, iA Financial Group noted it ranked first among the largest publicly traded Canadian insurers on Forbes’ 2026 Canada’s Best Employers List. The company also highlighted it was also named one of Corporate Knights’ Best 50 Corporate Citizens in Canada.

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