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Public Profile
Financial Intermediation
CA
updated a month ago

Desjardins

Company website

Desjardins Group, a leading financial cooperative based in Canada, has been a cornerstone of the financial services industry since its founding in 1900. Headquartered in Lévis, Quebec, Desjardins operates extensively across Canada, providing a wide range of services including banking, insurance, and investment solutions. Renowned for its commitment to member satisfaction and community development, Desjardins offers unique products such as cooperative banking and tailored insurance plans that distinguish it from traditional financial institutions. With a strong market position, Desjardins is celebrated for its innovative approach and has received numerous accolades for its sustainable practices and customer service excellence. As a pioneer in the cooperative model, Desjardins continues to shape the financial landscape in Canada and beyond.

DitchCarbon Score

How does Desjardins's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

39

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Desjardins's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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Desjardins's reported carbon emissions

In 2024, Desjardins reported total carbon emissions of approximately 18,975,000 kg CO2e, a decrease from about 20,178,000 kg CO2e in 2023. The emissions data for 2022 indicates a total of about 19,438,000 kg CO2e, with specific breakdowns showing Scope 1 emissions at approximately 5,404,000 kg CO2e, Scope 2 at about 1,218,000 kg CO2e, and Scope 3 emissions at around 12,816,000 kg CO2e. Desjardins has set ambitious climate commitments, aiming for net zero emissions across all operational and financial activities by 2040, particularly targeting high-emission sectors such as energy, real estate, and transportation. Additionally, they have committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 50% from 2020 levels by 2030, a target that has been approved by the Science Based Targets initiative (SBTi). The organisation's emissions data is not cascaded from any parent company, and all reported figures are derived directly from Desjardins Group. The company continues to focus on sustainability and reducing its carbon footprint as part of its long-term strategy.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20182019202020212022
Scope 1
17,076,000
00,000,000
0,000,000
0,000,000
0,000,000
Scope 2
4,961,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
38,079,000
00,000,000
00,000,000
0,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Desjardins's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Desjardins is in CA, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Desjardins is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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