Export Development Canada

Export Development Canada (EDC), a Canadian-headquartered financial services auxiliary, reported its 2024 emissions data with Scope 1 stationary combustion emissions of 432,200 kg CO2e, Scope 2 location-based emissions of 338,700 kg CO2e, and Scope 3 business travel emissions of 2,428,100 kg CO2e. For 2023, EDC's total reported emissions were approximately 4,599,300 kg CO2e. This included Scope 1 emissions of 423,700 kg CO2e, Scope 2 emissions of 186,100 kg CO2e (from purchased electricity), and Scope 3 emissions totalling 3,989,500 kg CO2e. The 2023 Scope 3 breakdown included business travel (1,798,400 kg CO2e), employee commute (344,000 kg CO2e), upstream leased assets (890,600 kg CO2e), downstream leased assets (63,900 kg CO2e), purchased goods and services (533,500 kg CO2e), waste generated in operations (25,600 kg CO2e), and fuel and energy related activities (331,600 kg CO2e).

In 2022, EDC reported Scope 3 business travel emissions of 1,290,300 kg CO2e. For 2021, total emissions were about 1,803,200 kg CO2e, with Scope 1 at 431,300 kg CO2e, Scope 2 from purchased electricity at 206,700 kg CO2e, and Scope 3 at 1,165,200 kg CO2e. The 2021 Scope 3 figure included business travel (138,000 kg CO2e), employee commute (147,500 kg CO2e), upstream leased assets (275,900 kg CO2e), downstream leased assets (54,200 kg CO2e), purchased goods and services (233,900 kg CO2e), waste generated in operations (3,400 kg CO2e), and fuel and energy related activities (312,400 kg CO2e).

EDC reported Scope 3 business travel emissions of 776,000 kg CO2e in 2020 and 3,193,000 kg CO2e in 2019. EDC has not publicly disclosed any specific carbon reduction targets, Science Based Targets initiative (SBTi) commitments, or climate pledges.