Arc Financial Corp 2023 Sustainability Report
Company: Arc Financial Corp
Sector: Finance & insurance
Country: Canada
Year: 2023
Type: Sustainability Report
Pages: 34
The report presents ARC's dual-track energy investment strategy, including new energy-transition investments and a dedicated energy-transition fund. It sets a portfolio-wide Scope 1 and 2 emissions-intensity reduction goal of 40 to 45 percent by 2030 against a 2018 baseline. The report also explains that portfolio companies began calculating emissions in accordance with the GHG Protocol from 2022 onward. Social highlights include diversity surveys, gender-diversity goals for portfolio-company boards, Indigenous education support, and charitable involvement.
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