More than half of stakeholders globally
recognize Intact as a leader in building climate and
economically resilient communities
TORONTO, April 22,
2024 /PRNewswire/ - Intact Financial Corporation
(TSX: IFC) is pleased to announce that its 2023 Social
Impact & ESG Report is available at www.intactfc.com.
The report also includes the 2023 public accountability statement
for Intact and its applicable subsidiaries.
Experience the full interactive Multichannel News Release here:
https://www.multivu.com/players/English/9263451-intact-financial-corporation-2023-social-impact-esg-report/
The report details how Intact is delivering on its social impact
mandate and how ESG considerations are embedded in the
organization's strategy and its three objectives: having customers
as advocates, engaged employees, and being a most respected
company. The report also details progress on Intact's Climate
Strategy and Resilience Barometer.
"At Intact we exist to help people, businesses and society
prosper in good times and be resilient in bad times. Guided by our
purpose and our Values, we continue to make progress on our social
impact and ESG ambitions. Our report highlights key milestones and
measures of success as we strive to be a leader in building
resilient communities," said Frédéric Cotnoir, Executive Vice
President & Chief Legal Officer, Intact Financial
Corporation.
Highlights from the latest social impact & ESG report:
Our customers are our advocates: As a customer-driven
organization, Intact aims to have three out of four customers as
advocates.
- In 2023, 71 per cent of customers in Canada surveyed at the conclusion of a claim
indicated that they are likely to recommend Intact to a friend or
colleague.
- In 2023, Intact paid more than $1
billion in natural disaster claims to help customers get
back on track following severe weather events.
Our people are engaged: This means achieving Best
Employer status in annual engagement surveys and having Intact's
people reflecting the diversity of the communities they serve.
- In 2023, Intact was selected as a Best Employer
by Kincentric for the 8th consecutive year in Canada and in the U.S. for the 5th consecutive
year.
Our company is the one of the most respected: Intact set
an ambition to have three out of four stakeholders recognize the
company as a leader in building resilient communities as measured
through its Resilience Barometer; and to achieve net zero by
2050.
- In 2023, 57 per cent of stakeholders recognized Intact's
leadership in building resilient communities, up three points from
2022, with 53 per cent of stakeholders recognizing its leadership
globally.
- Intact recorded a 35 per cent reduction in investment emissions
intensity in 2023 compared to the 2019 baseline and is progressing
well to meet its interim target of a minimum 40% reduction by
2030.
About Intact Financial
Corporation
Intact Financial Corporation (TSX: IFC) is the largest provider
of property and casualty (P&C) insurance in Canada, a leading provider of global specialty
insurance, and, with RSA, a leader in the U.K. and Ireland. Our business has grown organically
and through acquisitions to over $22
billion of total annual premiums.
In Canada, Intact distributes
insurance under the Intact Insurance brand through a wide network
of brokers, including its wholly owned subsidiary BrokerLink, and
directly to consumers through belairdirect. Intact also provides
affinity insurance solutions through our affinity groups, travel
insurance, as well as exclusive and tailored offerings through
Intact Prestige.
In the U.S., Intact Insurance Specialty Solutions provides a
range of specialty insurance products and services through
independent agencies, regional and national brokers, and
wholesalers and managing general agencies.
In the U.K., Ireland, and
Europe, Intact provides personal,
commercial and specialty insurance solutions through the RSA
brands.
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SOURCE Intact Financial Corporation