Coast Capital Savings Federal Credit Union Sustainability Profile
Coast Capital Savings Federal Credit Union, commonly referred to as Coast Capital, is a prominent financial institution headquartered in British Columbia, Canada. Established in 2000, it has grown to become one of the largest credit unions in Canada, serving members across the province and beyond. Specialising in personal banking, business services, and investment solutions, Coast Capital is renowned for its commitment to member-centric service and innovative financial products. Its unique offerings include competitive mortgage rates, flexible savings accounts, and tailored business solutions designed to meet the diverse needs of its clientele. With a strong market position, Coast Capital has received numerous accolades for its customer service and community involvement, solidifying its reputation as a trusted financial partner in the industry.
DitchCarbon Score
How does Coast Capital Savings Federal 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
Coast Capital Savings Federal Credit Union's score of 38 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Coast Capital Savings Federal Credit Union's reported carbon emissions
In 2022, Coast Capital Savings Federal Credit Union reported total carbon emissions of approximately 1,039,000 kg CO2e. This figure includes Scope 1 emissions of about 965,000 kg CO2e, comprising 25,000 kg CO2e from mobile combustion and 940,000 kg CO2e from stationary combustion. Scope 2 emissions, attributed to purchased electricity, accounted for approximately 75,000 kg CO2e, while Scope 3 emissions were significantly higher at about 180,513,000 kg CO2e. The credit union has made notable strides in reducing its carbon footprint, achieving a 15% reduction in absolute Scope 1 and 2 emissions compared to 2020. This reduction reflects a commitment to environmental sustainability, with total emissions from on-balance sheet loans and investments decreasing by 3% year-on-year. Coast Capital Savings has demonstrated a long-term commitment to climate action, with a reported 56% reduction in greenhouse gas emissions since 2012. This achievement underscores the organisation's dedication to integrating sustainability into its operational framework. Overall, Coast Capital Savings Federal Credit Union is actively working towards minimising its carbon emissions and enhancing its climate resilience, aligning with industry standards for environmental responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 1,018,000 | 000,000 |
| Scope 2 | 41,000 | 00,000 |
| Scope 3 | - | 000,000,000 |
How Carbon Intensive is Coast Capital Savings Federal Credit Union's Industry?
How Carbon Intensive is Coast Capital Savings Federal Credit Union's Location?
Coast Capital Savings Federal 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.
Coast Capital Savings Federal 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.
Ia Financial
Vancity Community Investment Bank
Mogo Inc.
Wawanesa Mutual Insurance Company
Canadian Imperial Bank Of Commerce
Let us know if this data was useful to you
Usage Policy
You're welcome to quote or reference data from this page, but please include a visible link back to this URL.
Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.