Exchange Income
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 25 is lower than 56% 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 2022, Exchange Income Corporation reported carbon emissions of approximately 4,349,000 kg CO2e from Scope 2, specifically from purchased electricity. This figure represents a notable increase from 2021, where emissions were about 3,285,000 kg CO2e. The company has not disclosed any Scope 1 or Scope 3 emissions data. Over the past few years, Exchange Income's Scope 2 emissions have shown a trend of increase, with 2020 emissions at about 2,885,000 kg CO2e and 2019 at approximately 2,735,000 kg CO2e. This indicates a growing reliance on electricity, which may necessitate a review of their energy sourcing strategies to align with climate commitments. Currently, Exchange Income Corporation has not set any specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The lack of a climate pledge further highlights the need for the company to establish clear sustainability goals. As a company headquartered in Canada, Exchange Income Corporation is positioned within an industry increasingly focused on reducing carbon footprints. The absence of cascaded emissions data from a parent organization suggests that their reported figures are independently sourced. Moving forward, the company may benefit from developing a comprehensive climate strategy to address its emissions and enhance its sustainability profile.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | 2,735,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - |
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.
Exchange Income 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.
