Over the past few years, we, at Power Corporation and at our group companies, have multiplied our efforts to strengthen our corporate social responsibility programs and initiatives, which are fundamental to our business success.
We are proud to see our efforts, as well as those of our subsidiaries, being recognized by a number of highly respected organizations.
The CDP works to transform the way the world does business in order to prevent climate change and protect natural resources. The organization works with various shareholders and corporations to enhance disclosure around greenhouse gas emissions.
Power Corporation and Power Financial have been responding to the CDP Climate Change Program for the past five years and support the organization’s endeavours to increase transparency and disclosure on climate change governance, risks and opportunities, management and performance. In 2016, both Power Corporation and Power Financial obtained a score of B.
IGM Financial reports to the CDP on their energy use and greenhouse gas emission performance. 2016 was the fourth year that IGM Financial was participating in the CDP survey, obtaining a score of A-.
Participating in the annual CDP Climate Change program for a fourth consecutive year, Great-West Lifeco has earned a position on CDP’s 2016 Climate A List, placing it in the top 10% of companies globally.
Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.
Power Corporation and Power Financial have been added to the FTSE4Good Global Index, effective December 19, 2016.
IGM Financial was added to the FTSE4Good Index Series in June 2016.
Imagine Canada is national program promoting corporate and public giving, volunteering, and support in the community, and calls for corporations to contribute a target of 1% of pre-tax domestic profit to charitable causes.
A member of the program since 1989, Power Corporation has consistently exceeded its minimum donation guideline and has consequently been designated a “Caring Company” by Imagine Canada.
Our subsidiaries Great-West Life, London Life, Canada Life, Investors Group and Mackenzie Investments have also received the “Caring Company” designation in recognition for their generous contribution to their communities.
IGM Financial ranked in the top 10 of Corporate Knights' 2017 Best 50 Corporate Citizens in Canada. The ranking was based on 12 key performance indicators covering resource, employee and financial management.
In 2015, BOMA Canada and BOMA Toronto awarded GWL Realty Advisors’ managed properties with eight awards in recognition of excellence in multiple areas of property management. Among these was The Outstanding Building of the Year award, for one of its properties in Toronto. GWL Realty Advisors is one of Lifeco’s subsidiaries.
In 2016, the Investors Group's Summa SRITM Fund (Series C) was ranked fifth in the Eco–Fund Ratings of Corporate Knights – a Toronto-based media and investment advisory company that promotes an economic system that reflects social, economic and ecological costs and benefits. The ratings help Canadian investors to see which funds provide the best combination of economic and environmental performance.
IGM Financial is listed on the Jantzi Social Index (JSI), a leading Canadian sustainability index, and rated as one of the top five performing Canadian diversified financial services companies by global environmental, social and governance research firm Sustainalytics.
In 2016, GWL Realty Advisors achieved a “Green Star” ranking from the Global Real Estate Sustainability Benchmark (GRESB) survey for a second consecutive year. GWL Realty Advisors improved its position from the top 15% of 707 global participants in 2015 to the top 10% of 759 global participants in 2016. The company also scored well above the global average and the average for its North American peer group in each of the assessed categories.