Export Development Canada

Export Development Canada (EDC), headquartered in CA and operating in the services auxiliary to financial intermediation sector, has reported significant carbon emissions across its operations.

For the fiscal year 2024, EDC's total reported emissions amounted to approximately 1.42 x 10^10 kg CO2e (14.2 million tonnes CO2e), encompassing Scope 1, Scope 2, and Scope 3 emissions. Within this total, Scope 1 emissions were approximately 432,200 kg CO2e, Scope 2 emissions (location-based) were approximately 338,700 kg CO2e, and Scope 3 emissions were approximately 2.43 x 10^9 kg CO2e (2.43 billion kg CO2e). Business travel represented a substantial portion of the reported Scope 3 emissions for 2024.

In 2023, EDC's total emissions were approximately 4.60 million kg CO2e. This included Scope 1 emissions of approximately 423,700 kg CO2e, Scope 2 emissions of approximately 186,100 kg CO2e, and Scope 3 emissions of approximately 3.99 million kg CO2e. Key contributors to Scope 3 emissions in 2023 included business travel (approximately 1.80 million kg CO2e), upstream leased assets (approximately 890,600 kg CO2e), and purchased goods and services (approximately 533,500 kg CO2e).

For 2021, EDC reported total emissions of approximately 1.80 million kg CO2e, with Scope 1 emissions at approximately 431,300 kg CO2e, Scope 2 emissions at approximately 206,700 kg CO2e, and Scope 3 emissions at approximately 1.17 million kg CO2e.

EDC's climate commitments are currently not detailed with specific reduction targets or participation in initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge, as per the provided information. However, the organisation's reporting indicates a focus on disclosing emissions across various scopes, including Scope 1, 2, and 3 categories. Missing data points for Scope 3, such as purchased goods and services, were noted in some reporting years.