Potential offtaker

Intact Financial Corporation

www.intactfc.com

Estimated electricity consumption

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Countries of production presence

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Intact Financial Corp is a leading insurance company in Canada that operates in the Property and Casualty Personal Lines sector. The company was founded in 1809 and has since grown to become one of the largest insurers in Canada, with a market capitalization of over $20 billion. Intact Financial Corp is committed to sustainability and has made significant strides in decarbonisation, corporate energy, corporate PPA, and renewable energy.

Decarbonisation is a key focus for Intact Financial Corp. The company recognizes the importance of reducing carbon emissions to mitigate the impact of climate change. To this end, Intact Financial Corp has set ambitious targets to reduce its carbon footprint. The company has committed to reducing its greenhouse gas emissions by 50% by 2025, compared to its 2010 baseline. Intact Financial Corp is also a signatory to the United Nations Global Compact, which is a voluntary initiative that encourages companies to adopt sustainable and socially responsible policies.

Corporate energy is another area of focus for Intact Financial Corp. The company recognizes that energy consumption is a significant contributor to its carbon footprint. To reduce its energy consumption, Intact Financial Corp has implemented a number of energy-saving initiatives. For example, the company has installed energy-efficient lighting and HVAC systems in its offices. Intact Financial Corp has also implemented a paperless office policy to reduce its paper consumption.

Corporate PPA, or power purchase agreement, is another way that Intact Financial Corp is reducing its carbon footprint. A PPA is a contract between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy over a set period of time. Intact Financial Corp has signed several PPAs with renewable energy providers, which has allowed the company to reduce its reliance on fossil fuels. These PPAs have also helped Intact Financial Corp to achieve its greenhouse gas emissions reduction targets.

Renewable energy is a key focus for Intact Financial Corp. The company recognizes the importance of transitioning to a low-carbon economy and has made significant investments in renewable energy. Intact Financial Corp has invested in wind and solar energy projects across Canada, which has helped to increase the country's renewable energy capacity. The company has also invested in energy storage technologies, which will help to ensure that renewable energy is available when it is needed.

In addition to its sustainability initiatives, Intact Financial Corp is also committed to social responsibility. The company has a strong corporate social responsibility program, which focuses on supporting communities across Canada. Intact Financial Corp has donated millions of dollars to charitable organizations and has provided support to disaster relief efforts.

Intact Financial Corp's commitment to sustainability has been recognized by several organizations. The company has been included in the Dow Jones Sustainability Index for North America for several years in a row. The Dow Jones Sustainability Index is a leading benchmark for corporate sustainability performance. Intact Financial Corp has also been recognized as one of Canada's Greenest Employers by Mediacorp Canada Inc.

In conclusion, Intact Financial Corp is a leading insurance company in Canada that is committed to sustainability. The company has made significant strides in decarbonisation, corporate energy, corporate PPA, and renewable energy. Intact Financial Corp's sustainability initiatives have helped to reduce its carbon footprint and have positioned the company as a leader in corporate sustainability. The company's commitment to social responsibility has also helped to support communities across Canada.

✓ Declared Net Zero commitment