The major Canadian life insurer has announced two awards reflecting its drive to reduce its environmental impact
Great-West Lifeco has announced two significant accomplishments reflecting its Canada-wide commitment to sustainability: its placement on CDP’s 2016 Climate A-List, and a “Green Star” ranking earned by GWL Realty Advisors based on the Global Real Estate Sustainability Benchmark (GRESB) survey.
Under the CDP’s climate change program, the company earned an A-List position through its high-quality data disclosures on their carbon emissions and climate change risk management. Canada Life, Great-West Life’s Canadian subsidiary, also earned an A grade from CDP. The companies join 195 others on CDP’s A-List, effectively ranking in the top 10% of CDP’s Global submissions for 2016.
Meanwhile, GWL Realty Advisors – Great-West’s real estate subsidiary – has improved its position in the annual GRESB global survey, rising from the top 15% of 707 global companies in 2015 to the top 10% of 759 global participants this year. This year’s participants represent over 66,000 assets worth $US2.8 trillion; GWL Realty advisors scored well above the global average, as well as the average for its North American peer group, in each of the assessed categories in the survey.
“We're pleased to be recognized as a Canadian leader for our commitment to environmental management," said Paul Mahon, president and CEO of Great-West Lifeco. "We understand the need to be constantly improving to reduce the environmental impact of our operations to help build a more sustainable future for generations to come."
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