Measuring our Environmental Performance
In order to evaluate how well we are doing in achieving our environmental objectives, we measure our performance by monitoring a variety of indicators, including the Global Reporting Initiative (GRI) Standards, the Sustainability Accounting Standards Board (SASB), the World Economic Forum “Measuring Stakeholder Capitalism: Towards Common Metrics and Consistent Reporting of Sustainable Value Creation”, and the Taskforce on Climate-Related Financial Disclosures (TCFD) Recommendations, as well as requests made by stakeholders, such as the CDP, FTSE4Good and other ESG research organizations.
Data Reporting and Assurance
The environmental data reported in the document below is for the calendar years ended December 31. It includes our major publicly traded operating companies Great-West Lifeco and IGM Financial, as well as the Corporation’s wholly owned subsidiary Square Victoria Real Estate.
We conduct internal and external quality checks to ensure the accuracy of the data reported. To date, our environmental data related to GHG emissions has been verified to a limited level of assurance in accordance with the International Standards on Assurance Engagements 3410, Assurance Engagement on Greenhouse Gas Statements (ISAE 3410), issued by the International Auditing and Assurance Standards Board. For more specific information on our environmental data please refer to the referenced footnotes.