Great-West Lifeco, Inc.
Industry Group: Insurance
Country/Region: Canada
Identifier: TSE:GWO
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 31% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 26%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the UK, Ireland, and Germany. The Europe segment contributed around 21% of adjusted earnings and the reinsurance business accounts for around 22% of adjusted earnings.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 132 out of 300
Universe
Global Universe 6886 out of 16006
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Cathay Financial Holdings Co., Ltd. |
12.1
Low
|
8 out of 300 |
Sun Life Financial, Inc. |
12.5
Low
|
9 out of 300 |
Great-West Lifeco, Inc. |
23.2
Medium
|
132 out of 300 |
Japan Post Holdings Co., Ltd. |
24.4
Medium
|
152 out of 300 |
Dai-ichi Life Holdings, Inc. |
26.5
Medium
|
189 out of 300 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Great-West Lifeco, Inc.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Great-West Lifeco, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Great-West Lifeco, Inc.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
![blurred material ESG issues](/ResourcePackages/Sustainalytics/assets/img/company-rating/mei-blur.png)
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Great-West Lifeco, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
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Contributing Events
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Highest Controversy Events Locations
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