Desjardins
Desjardins Group, a leading financial cooperative based in Canada, has been a cornerstone of the financial services industry since its founding in 1900. Headquartered in Lévis, Quebec, Desjardins operates extensively across Canada, providing a wide range of services including banking, insurance, and investment solutions. Renowned for its commitment to member satisfaction and community development, Desjardins offers unique products such as cooperative banking and tailored insurance plans that distinguish it from traditional financial institutions. With a strong market position, Desjardins is celebrated for its innovative approach and has received numerous accolades for its sustainable practices and customer service excellence. As a pioneer in the cooperative model, Desjardins continues to shape the financial landscape in Canada and beyond.
DitchCarbon Score
How does Desjardins'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 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
Desjardins's score of 39 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Desjardins's reported carbon emissions
In 2024, Desjardins reported total carbon emissions of approximately 18,975,000 kg CO2e, a decrease from about 20,178,000 kg CO2e in 2023. The emissions data for 2022 indicates a total of about 19,438,000 kg CO2e, with specific contributions from Scope 1 emissions at approximately 5,404,000 kg CO2e, Scope 2 at about 1,218,000 kg CO2e, and Scope 3 at around 12,816,000 kg CO2e. This trend shows a commitment to reducing emissions across all scopes, although detailed Scope 3 data is not consistently disclosed. Desjardins has set ambitious climate commitments, aiming for net zero emissions by 2040 across its operational and financial activities, particularly in high-emission sectors such as energy, real estate, and transportation. Additionally, the organisation has committed to reducing its absolute Scope 1 and Scope 2 emissions by 50% compared to 2020 levels by 2030, a target that has been approved by the Science Based Targets initiative (SBTi). The emissions data is not cascaded from any parent organisation, and all figures are reported directly by Desjardins. The organisation's ongoing efforts reflect a proactive approach to climate responsibility, aligning with industry standards and expectations for sustainability.
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| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Scope 1 | 17,076,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,961,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 38,079,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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.
Desjardins is not participating in any of the initiatives that 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.
