iA Financial Group has published its 2024 Sustainability Report

QUEBEC, March 28, 2025/ CNW/ – iA Financial Group is pleased to reveal the online publication of its Sustainability Report for the year 2024 centred around the style “Development Oriented, Quality Driven”, in addition to its 2024 Environment Modification Efficiency Report. They provide the business’s development and accomplishments with regard to sustainability and the battle versus environment modification.

” The Sustainability Report shows iA Financial Group’s vision for the future and its dedication to development in order to much better serve its customers, motivate its workers and support its neighborhoods. More particularly, this year, we have actually established a tactical structure to recognize environment modification dangers, continued the decarbonization of our financial investments, enhanced our governance structure and pursued our efforts targeted at promoting a culture favorable to a knowing company, however likewise to equity, variety and addition,” stated Caroline Drouin, Vice-President, Financier Relations, Sustainability and Public Affairs.

New phases in the environment technique

In 2024, we focused our efforts on establishing a tactical structure which, when completed, will allow us not just to recognize environment modification dangers, however likewise to check out associated chances.

In addition, our method to decarbonizing our property and financial investment portfolios is making systematic development. Each ecological effort carried out in 2024 belongs to a long-lasting vision and a procedure of constant enhancement.

By 2035, we intend to decrease the GHG emission strength of our Canadian property holdings ¹ by 60% and the carbon strength of our public business bond portfolio by 40%, compared to our 2022 standard ¹, of which the part topic to our decarbonization dedication presently represents financial investments of around $ 135 billion dollars as at January 16, 2023.

Development made towards the accomplishment of these targets as at December 31, 2024:

• A 9.23% decrease in the carbon strength of our owned Canadian homes
• A 24% decrease in the carbon strength of our public business bond portfolio

For the 4th successive year, iA Financial Group has actually released its 2024 Environment Modification Efficiency Report This report offers details on iA Financial Group’s environment modification efficiency for the year 2024 and on the development made in establishing our environment modification technique.

Efforts to promote a culture favorable to a knowing company and to equity, variety and addition

As a knowing company, iA Financial Group continues to broaden its programs targeted at establishing workers’ abilities both expertly and personally, allowing them to desire higher accomplishments.

In addition, acknowledging the value of producing a fair, varied and inclusive environment, and with the goal of additional establishing this technique, we suggest numerous information collection tools, consisting of a self-identification survey for our workers in Canada to much better comprehend them and much better equip them.

In 2024:

• 78% of our workers in Canada finished the self-identification procedure
• 53% of brand-new visits to iA Financial Group senior management positions ² were females
• Ladies represented 37% of senior management

In addition, iA Financial Group finished the 2nd stage of the Canadian Council for Aboriginal Organization’s Collaboration Accreditation in Indigenous Relations “SET” accreditation procedure and maintained Silver Parity Accreditation, granted by Ladies in Governance.

Lastly, the business continued to pursue its humanitarian endeavours, with contributions amounting to $ 104 million to numerous charitable companies in Canada and the United States

An effective staff member experience

iA Financial Group has actually likewise persevered when it concerns supporting the advancement of its workers, especially through its staff member experience program. iA Financial Group has actually been ranked 57th on Forbes’ list of Canada’s Finest Companies for 2025.

Enhanced governance structure

Governance stays a basic measurement of our accomplishments. Furthermore, iA Financial Group enhanced its governance structure with regard to sustainability in 2024. For example, a Sustainability Executive Committee was developed, in addition to an Executive Threat Management Committee to specify our environment danger cravings and tolerance.

Our sustainability method
In order to be a business that adds to sustainable development and the health and wellbeing of its customers, workers, partners, financiers and neighborhoods, iA Financial Group has actually made sustainability a concern.

To find out more on sustainability, please consult our Sustainability Report 2024

Care Concerning Forward-Looking Statements

This file consists of positive declarations within the significance of securities laws, especially with regard to iA Financial Group’s sustainability, governance, ecological and social targets and dedications and the battle versus environment modification, in addition to those associated to environment modification mitigation and adjustment, consisting of methods, efforts and goals associated with greenhouse gas (GHG) decrease, carbon balancing out and environment danger evaluation and adjustment, incorporating environment factors to consider into iA Financial Group’s financial investment procedure, upgrading its environment technique, carrying out sound environment danger management, reinforcing our durability to the physical effects of environment modification, and developing an environment danger governance structure. These declarations are not historic truths; they represent just expectations, price quotes and forecasts concerning future occasions and go through alter.

Although iA Financial Group thinks that the expectations shown in such positive declarations are sensible, such declarations include dangers and unpredictabilities, and excessive dependence needs to not be put on such declarations. As specific product elements or presumptions are used in making positive declarations, real outcomes might vary materially from the forecasts, projections, forecasts, goals, expectations, conclusions and other positive declarations revealed or indicated in such declarations. Furthermore, a lot of the presumptions and elements (consisting of requirements, metrics and procedures) utilized in the preparation of the Sustainability Report continue to develop and are based upon presumptions thought about sensible at the time of composing, however their precision needs to not be thought about ensured.

Product elements and dangers, consisting of those associated to sustainability, which might trigger real outcomes to vary materially from those predicted (a lot of which are beyond the control of iA Financial Group and the results of which might be challenging to anticipate) consist of the following: environment conditions and weather condition occasions; the requirement for the active and continuous stakeholder involvement (consisting of governmental and non-governmental companies, other banks, services and people); variable decarbonization efforts throughout economies; the lack of internationally balanced environment policies; the obstacles of stabilizing emissions with an organized and inclusive shift; geopolitical elements that affect worldwide energy requirements; the requirement for more and greater quality environment information and for standardization in environment measurement and confirmation approaches; the capability to execute numerous efforts throughout business within the set time frame; the danger that efforts will not be finished on time, will not be finished at all, or will be finished without the anticipated or prepared for outcomes; compliance of 3rd parties with our policies and treatments and their dedication to iA Financial Group; monetary market conditions; the business activities, iA Financial Group’s monetary outcomes and monetary position; the advancement and implementation of brand-new innovations and approaches; modifications in customer behaviour; the regional, nationwide and worldwide legal and regulative structure; compliance and regulative dangers (which might cause limitations, charges and fines); and tactical, reputational and competitive dangers. Product presumptions and elements utilized in preparing the positive declarations included in the Sustainability Report in connection with the Corporation’s insurance coverage and property management company are likewise set out in the “Recognition and evaluation” area of the Corporation’s 2024 Environment Modification Efficiency Report, which is readily available on the Corporation’s site at ia.ca.

Extra details concerning specific other crucial elements that might trigger real outcomes to vary materially from expectations and concerning product elements or presumptions underlying the positive declarations might be discovered in the Threat Management area of the 2024 Yearly MD&A and in the “Management of Financial Threats Related To Monetary Instruments and Insurance coverage Contracts” note to the Audited Consolidated Financial Statements for the year ended December 31, 2024, in addition to in the Corporation’s other filings with the Canadian Securities Administrators readily available at sedarplus.ca or on the Corporation’s site at ia.ca. The positive declarations in this file connect to future occasions or outcomes and show the Corporation’s expectations at the date of its publication. The Corporation does not carry out to upgrade or evaluate any positive declarations to show occasions or scenarios after the date of this file report or to show the incident of unexpected occasions, other than as needed by law.

About iA Financial Group

iA Financial Group is among the biggest insurance coverage and wealth management groups in Canada, with operations in the United States Established in 1892, it is among Canada’s biggest public business. It is noted on the Toronto Stock Market under the ticker sign IAG (typical shares).

SOURCE iA Financial Group

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