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Public Profile
Services Auxiliary to Financial Intermediation
CA
updated 16 days ago

Central 1 Credit Union Sustainability Profile

Company website

Central 1 Credit Union, headquartered in California, is a leading financial institution in the credit union industry, serving a diverse range of members across the region. Founded in 2011, Central 1 has established itself as a pivotal player in providing innovative financial solutions tailored to the needs of credit unions and their members. Specialising in digital banking, payment processing, and member services, Central 1 offers unique products that enhance the operational efficiency of credit unions. With a commitment to fostering community growth and financial well-being, the organisation has achieved significant milestones, including the expansion of its service offerings and a strong market presence. Central 1 Credit Union continues to be recognised for its dedication to member satisfaction and its role in advancing the credit union movement.

DitchCarbon Score

How does Central 1 Credit Union'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.

22

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.

29

Industry Benchmark

Central 1 Credit Union's score of 22 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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Central 1 Credit Union's reported carbon emissions

Central 1 Credit Union, headquartered in Canada, has made significant strides in reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the organisation has reported a remarkable 56% reduction in greenhouse gas (GHG) emissions since 2012. This achievement reflects a strong commitment to environmental sustainability. In terms of specific reduction initiatives, Central 1 has successfully lowered its absolute Scope 1 and 2 emissions by 15% compared to 2020. This reduction is attributed to a decrease in emissions from on-balance sheet loans and investments, which were 3% lower than the previous year. The significant reduction in business loans for operational purposes further underscores the organisation's dedication to minimising its carbon footprint. Central 1's climate commitments demonstrate a proactive approach to addressing climate change, aligning with industry standards for sustainability and emissions reduction.

How Carbon Intensive is Central 1 Credit Union's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Central 1 Credit Union's primary industry is Services auxiliary to financial intermediation (67), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Central 1 Credit Union's Location?

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 Central 1 Credit Union is in CA, which has a very low grid carbon intensity relative to other regions.

Central 1 Credit Union'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.

Central 1 Credit Union 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.

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

Compare Central 1 Credit Union's Emissions with Industry Peers

Td

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Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

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Financial intermediation services, except insurance and pension funding services (65)
Updated 19 days ago

Wawanesa Mutual Insurance Company

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Insurance and pension funding services, except compulsory social security services (66)
Updated 10 days ago

Fidelity National Information Services, Inc.

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Co-operators General Insurance Company

CA
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 days ago

Coast Capital Savings Federal Credit Union

CA
•
Services auxiliary to financial intermediation (67)
Updated 5 days ago

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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

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