IGM Financial, Inc.
Industry Group: Diversified Financials
Country/Region: Canada
Identifier: TSE:IGM
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which holds a 62% equity stake in IGM Financial as well as stakes in Great-West Life, London Life, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its IG Wealth Management subsidiary)—that provide investment management products and services. At the end of May 2024, IGM Financial had CAD 236.4 billion in AUM (including CAD 79.2 billion in AUM that was being managed for its IG Wealth Management arm) at Mackenzie Investments, CAD 113.8 billion in assets under advisement at its IG Wealth Management subsidiary, and CAD 14.7 billion in other AUA.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Financials 30 out of 906
Universe
Global Universe 852 out of 16006
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
IGM Financial, Inc. |
12.1
Low
|
30 out of 906 |
Hargreaves Lansdown Plc |
14.3
Low
|
59 out of 906 |
Voya Financial, Inc. |
16.1
Low
|
87 out of 906 |
M&G Plc |
18.5
Low
|
144 out of 906 |
Blackstone Secured Lending Fund |
34.9
High
|
721 out of 906 |
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Sustainalytics' Peer Performance Insights gives an in-depth analysis of your company's ESG strengths and weaknesses compared to your competitors and industry performance. These insights can be used to identify areas of ESG improvement to help inform future management decisions that align with your organization's sustainability goals.
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.
IGM Financial, 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.
IGM Financial, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for IGM Financial, 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 IGM Financial, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
![blurred controversy level](/ResourcePackages/Sustainalytics/assets/img/company-rating/cr-level-blur.jpg)
Contributing Events
![blurred controversy events](/ResourcePackages/Sustainalytics/assets/img/company-rating/cr-events-blur.jpg)
Highest Controversy Events Locations
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