Action on Climate

Our commitment

We support the Paris Agreement's goal to limit global warming to well below 2°C, preferably 1.5°C, above pre-industrial levels. We believe this requires a stronger global response to climate change.

Support transition to
net zero

We're committed to building resilient portfolios and decarbonizing operations to support the transition to a nature-positive, net zero world.

Engage key
stakeholders

We engage employees, clients, advisors, investee companies, peers, regulators and standard setters to shape the global transition to net zero.

Our priorities

¹ The initial percentage of in-scope assets is 24% of the 2021 AUM (baseline year), amounting to $49 billion. This percentage and AUM figure will vary annually due to market fluctuations and asset flows.

Our impact in 2025

Our progress on advancing our portfolio coverage aligned with net zero, decarbonizing our operations and improving employee climate literacy.

² Represents self-reported data from a subset of employees participating in Mammoth.

Employee action

Green Business Resource Group (BRG)

Our Green and Women’s BRGs hosted a clothing swap at our Winnipeg head office. Employees contributed and exchanged or sold clothes, with money and surplus donated to charity.

Mammoth

After a successful pilot in 2024, we expanded Mammoth in 2025 to inspire climate action. Employees track their footprint, complete lessons, accept challenges and earn points for tree plantings or donations.

Mammoth

We expanded Mammoth Climate in 2025 to inspire climate action. Employees track their footprint, complete lessons, accept challenges and earn points for tree plantings or donations.

Featured initiatives

Reducing operational emissions

We reduce operational emissions by improving owned building efficiency, rationalizing office space, modernizing offices and upgrading leased spaces to energy-efficient, green-certified buildings.

We recognize that carbon offsets are a complementary tool and not a substitute for direct emissions reductions. In 2025, we selected three carbon offset projects supporting verified emission reductions in Canada aligned with our strategy.

The Great Bear Forest Carbon Project

The Great Bear Forest Carbon Project is the largest Indigenous-owned, forest-based carbon project in Canada, conserving protected forests in British Columbia previously available for commercial logging.

The Niagara Escarpment Forest Carbon Project

The Niagara Escarpment Forest Carbon Project promotes ecosystem diversity, protecting forest cover in areas where local pressures threaten land integrity and wildlife habitats.

The Smart Soil Carbon Project

The Smart Soil Carbon Project helps crop farmers across 300,000 acres in Alberta, Saskatchewan and Manitoba transition to no-tillage, reducing carbon and nitrogen fertilizer emissions.

Mackenzie engagement with investee companies

Mackenzie increased investee companies in its climate engagement program from 100 to 145. We ensure companies have credible climate transition plans with science-based targets and strong board oversight.

Please see Mackenzie's latest Sustainable Investing Report for more information.

Initiatives we support

View our 2025 Sustainability Report

At IGM, we’re motivated by the role we can play in creating a better tomorrow for our clients, shareholders, employees and communities—and we’re committed to actions that make a meaningful difference.

Download report