Farm Credit Canada
Farm Credit Canada (FCC) is a leading financial institution headquartered in Regina, Saskatchewan, with a strong presence across Canada. Established in 1959, FCC has been instrumental in supporting the agricultural sector, providing tailored financial solutions to farmers and agribusinesses. Specialising in loans, insurance, and risk management services, FCC stands out for its deep understanding of the unique challenges faced by the agricultural community. With a commitment to fostering growth and sustainability, the organisation has achieved significant milestones, including extensive partnerships and community initiatives that enhance the agricultural landscape. As a trusted partner in the industry, Farm Credit Canada plays a pivotal role in empowering Canadian farmers, ensuring they have access to the resources needed for success in an ever-evolving market.
DitchCarbon Score
How does Farm Credit Canada'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 Services Auxiliary to 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
Farm Credit Canada's score of 33 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Farm Credit Canada's reported carbon emissions
In 2023, Farm Credit Canada reported total carbon emissions of approximately 5,822,000 kg CO2e. This figure includes 1,443,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 2,789,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, primarily from business travel, accounted for about 1,590,000 kg CO2e. Comparatively, in 2022, the organisation's total emissions were approximately 5,218,000 kg CO2e, with Scope 1 emissions at 1,381,000 kg CO2e, Scope 2 emissions at 3,220,000 kg CO2e, and Scope 3 emissions from business travel at 617,000 kg CO2e. In 2021, total emissions were about 5,404,000 kg CO2e, with Scope 1 at 1,487,000 kg CO2e, Scope 2 at 3,639,000 kg CO2e, and Scope 3 from business travel at 278,000 kg CO2e. Despite the fluctuations in emissions over the years, Farm Credit Canada has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for further commitment to climate action within the organisation.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,487,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 3,639,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 278,000 | 000,000 | 0,000,000 |
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.
Farm Credit Canada 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.
