Exchange Income Sustainability Profile
Exchange Income Corporation (EIC) is a prominent Canadian company headquartered in Winnipeg, Manitoba. Founded in 2004, EIC has established itself as a leader in the aviation and manufacturing sectors, primarily serving remote communities across Canada and the United States. The company operates through two main divisions: Aviation and Manufacturing, offering unique services such as scheduled air transportation and specialised manufacturing solutions. EIC's commitment to operational excellence and customer service has positioned it as a trusted partner in its industry. With a focus on sustainable growth, Exchange Income Corporation has achieved significant milestones, including strategic acquisitions that have expanded its market reach. As a publicly traded entity, EIC continues to enhance its reputation, making it a key player in the North American market.
DitchCarbon Score
How does Exchange Income'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 Other Services 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
Exchange Income's score of 18 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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Exchange Income's reported carbon emissions
In 2023, Exchange Income Corporation reported total carbon emissions of approximately 269,436,000 kg CO2e. This figure includes about 243,754,000 kg CO2e from Scope 1 emissions, primarily from heating fuel, and approximately 4,814,000 kg CO2e from Scope 2 emissions, mainly from electricity consumption. Comparatively, in 2022, the company emitted about 228,803,000 kg CO2e, with Scope 1 emissions at approximately 224,603,000 kg CO2e and Scope 2 emissions at around 4,200,000 kg CO2e. This indicates a rise in total emissions year-on-year, reflecting the company's growth in revenue, which increased from about 1.52 billion USD in 2022 to approximately 1.89 billion USD in 2023. Exchange Income Corporation has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Overall, while Exchange Income Corporation has made strides in reporting its emissions, it currently lacks defined reduction strategies or commitments to mitigate its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 207,340,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,735,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Exchange Income's Industry?
How Carbon Intensive is Exchange Income's Location?
Exchange Income'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.
Exchange Income 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.
