Public Profile

Alterna Savings and Credit Union Ltd.

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.

DitchCarbon Score

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.

23

Industry Average

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.

6

Industry Benchmark

Alterna Savings and Credit Union Ltd.'s score of 23 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

Alterna Savings and Credit Union Ltd.'s reported carbon emissions

Alterna Savings and Credit Union Ltd., headquartered in Canada, currently does not have available carbon emissions data for recent years, as no specific emissions figures have been reported. Consequently, there are no defined reduction targets or climate commitments outlined in their initiatives. In the absence of concrete emissions data, it is essential to note that many financial institutions are increasingly recognising the importance of sustainability and are committing to reducing their carbon footprints. While Alterna Savings has not publicly disclosed specific targets or initiatives, the broader industry trend indicates a growing focus on climate action and responsible environmental stewardship. As the financial sector evolves, it is anticipated that Alterna Savings will align with these industry standards, potentially adopting measures to enhance transparency and accountability regarding their environmental impact in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Alterna Savings and Credit Union Ltd.'s primary industry is Services auxiliary to financial intermediation (67), 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. Alterna Savings and Credit Union Ltd. is headquartered in CA, which has a rank of low, indicating low grid carbon intensity.

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.

Alterna Savings and Credit Union Ltd. is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers