The carbon footprint of our investment portfolios

Our invested assets impact and influence global carbon emissions and society’s climate-related risk. In 2020, the Partnership for Carbon Accounting Financials (PCAF), a global partnership of financial institutions, released a standard for accounting and reporting of greenhouse gases in financial services companies’ investment and lending portfolios.

We used the PCAF methodology to calculate the financed emissions (carbon footprint) of our listed equity and corporate bond portfolios in 2020, and we recalculated our financed emissions for 2018 and 2019. A breakdown of the carbon intensity of these portfolios and data quality metrics can be found in Financed emissions of investment portfolios.

Financed emissions (carbon footprint) of The Co-operators listed equity and corporate bond portfolios

  • 2020: 366,888 tonnes of carbon dioxide equivalent
  • 2019: 311,432 tonnes of carbon dioxide equivalent
  • 2018: 317,327 tonnes of carbon dioxide equivalent