Alterna Savings and Credit Union Ltd., commonly referred to as Alterna, is a prominent financial institution headquartered in Canada. Established in 1908, it has grown to serve a diverse membership across Ontario and beyond, positioning itself as a leader in the credit union sector. Alterna operates within the financial services industry, offering a range of products including savings accounts, loans, and investment services. What sets Alterna apart is its commitment to community-focused banking and member-centric services, ensuring that clients receive tailored financial solutions. With a strong emphasis on sustainability and social responsibility, Alterna has achieved notable recognition for its innovative approach to banking. As a trusted credit union, it continues to enhance its market position by prioritising member needs and fostering financial literacy within the communities it serves.
How does Alterna Savings and Credit Union Ltd.'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.
Mean score of companies in the Services Auxiliary to 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.
Alterna Savings and Credit Union Ltd.'s score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Alterna Savings and Credit Union Ltd., headquartered in Canada, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As a result, it appears that Alterna Savings and Credit Union Ltd. has not yet established measurable commitments towards reducing its carbon footprint or addressing climate change. In the context of the financial services industry, many institutions are increasingly adopting science-based targets and sustainability initiatives to mitigate their environmental impact. However, without specific data or commitments, it is unclear how Alterna Savings aligns with these industry trends. For stakeholders and environmentally conscious consumers, the lack of emissions data and climate commitments may raise questions about the organisation's approach to sustainability and its role in combating climate change.
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.
Alterna Savings and Credit Union Ltd. 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.