Farm Credit Canada
Farm Credit Canada (FCC) is a leading financial institution headquartered in Regina, Saskatchewan, serving the agricultural sector across Canada. Established in 1959, FCC has grown to become a vital partner for farmers and agribusinesses, providing tailored financial solutions that support the growth and sustainability of the industry. Specialising in loans, insurance, and advisory services, FCC stands out for its deep understanding of the unique challenges faced by Canadian producers. With a commitment to fostering rural communities, the organisation has achieved significant milestones, including a robust market position as a trusted lender in the agricultural finance sector. FCC's dedication to innovation and customer service has solidified its reputation as a key player in supporting the future of Canadian agriculture.
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 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 59% 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 2022, Farm Credit Canada (FCC) reported Scope 2 emissions of approximately 3,220,000 kg CO2e. This figure is part of a broader emissions profile that includes data from previous years. In 2021, FCC's total emissions were about 5,218,000 kg CO2e, with Scope 1 emissions at approximately 1,381,000 kg CO2e, Scope 2 emissions at about 3,220,000 kg CO2e, and Scope 3 emissions at around 617,000 kg CO2e. The 2020 emissions were slightly higher, totalling about 5,404,000 kg CO2e, with Scope 1 at approximately 1,487,000 kg CO2e, Scope 2 at about 3,639,000 kg CO2e, and Scope 3 at around 1,381,000 kg CO2e. In 2019, total emissions peaked at approximately 7,532,000 kg CO2e, with Scope 1 emissions of about 1,285,000 kg CO2e, Scope 2 at around 4,209,000 kg CO2e, and Scope 3 at approximately 2,038,000 kg CO2e. FCC has set ambitious climate commitments, aiming for a 40% reduction in Scope 1, 2, and 3 emissions by 2025, using 2012 levels as a baseline. This target reflects FCC's proactive approach to greenhouse gas (GHG) emissions management, initiated in 2017. Furthermore, FCC is committed to supporting Canada's goal of achieving net-zero emissions by 2050, aligning with the Paris Agreement's objectives to limit global warming to well below 2°C. These commitments underscore FCC's dedication to sustainability and its role in the agricultural finance sector, as it seeks to mitigate its environmental impact while supporting the broader climate goals of Canada.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 1,285,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,209,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,038,000 | 0,000,000 | 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.
