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