Alterna Savings and Credit Union Ltd. Sustainability Profile
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.
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.
Industry Benchmark
Alterna Savings and Credit Union Ltd.'s score of 23 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Alterna Savings and Credit Union Ltd.'s reported carbon emissions
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. This lack of data may reflect a broader trend within the financial services sector, where many institutions are still in the early stages of developing comprehensive sustainability strategies. For stakeholders and environmentally conscious consumers, the absence of emissions data and reduction initiatives may raise questions about the organisation's commitment to climate action.
How Carbon Intensive is Alterna Savings and Credit Union Ltd.'s Industry?
How Carbon Intensive is Alterna Savings and Credit Union Ltd.'s Location?
Alterna Savings and Credit Union Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Alterna Savings and Credit Union Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
