Omers
OMERS, officially known as the Ontario Municipal Employees Retirement System, is a leading Canadian pension fund headquartered in Toronto, Ontario. Established in 1962, OMERS has grown to become one of the largest pension plans in Canada, managing a diverse portfolio across various sectors, including infrastructure, private equity, and real estate. With a strong focus on long-term investment strategies, OMERS offers unique services that cater to the retirement needs of municipal employees. The fund is renowned for its innovative approach to asset management and commitment to sustainable investing. Over the years, OMERS has achieved significant milestones, solidifying its position as a key player in the global investment landscape. Its dedication to delivering value to its members and stakeholders sets OMERS apart in the competitive pension fund industry.
DitchCarbon Score
How does Omers's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Omers's score of 30 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Omers's reported carbon emissions
In 2024, OMERS reported total carbon emissions of approximately 8,820,000 kg CO2e, comprising 599,000 kg CO2e from Scope 1, 882,000 kg CO2e from Scope 2, and a significant 7,290,000 kg CO2e from Scope 3 emissions. This data highlights the organisation's comprehensive approach to tracking its carbon footprint across all scopes of emissions. In previous years, OMERS has shown a notable trend in its emissions. For instance, in 2022, the total emissions were about 3,381,652,000 kg CO2e, with Scope 1 and 2 emissions at 47,000 kg CO2e and 49,000 kg CO2e, respectively, while Scope 3 emissions were recorded at 124,000 kg CO2e. In 2021, total emissions were approximately 3,939,910,000 kg CO2e, with similar Scope 1 and 2 figures. Despite the lack of specific reduction targets or initiatives disclosed, OMERS is actively engaged in climate commitments, as indicated by its comprehensive emissions reporting. The organisation's focus on transparency in emissions data reflects its commitment to addressing climate change and improving sustainability practices.
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| 2021 | 2022 | 2024 | |
|---|---|---|---|
| Scope 1 | 47,000 | 00,000 | 000,000 |
| Scope 2 | 41,000 | 00,000 | 000,000 |
| Scope 3 | - | 000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Omers is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
