Fédération des caisses Desjardins du Québec, commonly known as Desjardins, is a leading financial cooperative headquartered in Lévis, Quebec, Canada. Established in 1900, it has grown to become the largest cooperative financial group in North America, serving millions of members across Quebec and beyond. Desjardins operates primarily in the banking and financial services industry, offering a diverse range of products including personal and business banking, insurance, and investment services. Its unique cooperative model prioritises member benefits, setting it apart from traditional banks. With a strong commitment to community development and sustainability, Desjardins has achieved notable milestones, including numerous awards for customer satisfaction and innovation. Its market position is reinforced by a robust network of caisses (credit unions) and a reputation for financial stability and social responsibility.
How does Fédération des caisses Desjardins du Québec'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.
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.
Fédération des caisses Desjardins du Québec's score of 23 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Fédération des caisses Desjardins du Québec currently does not have specific carbon emissions data available for the most recent year. However, the organisation has made significant climate commitments aimed at achieving net-zero emissions across all scopes. Desjardins Group has set a near-term target aligned with the 1.5°C pathway, with a focus on reducing emissions from its operations (Scopes 1 and 2) and its investment portfolio. As of 2020, Desjardins Group's portfolio targets covered approximately 4% of its total investment and lending by total assets. The organisation is committed to addressing its climate impact through a structured approach, with required activities making up 4% of its total investments, while optional activities accounted for 52%, and out-of-scope activities represented 44%. Desjardins Group is also committed to achieving net-zero emissions by 2050, with a deadline of 24 months from the launch of the Financial Institutions Net-Zero Standard for financial institutions. This commitment reflects the organisation's dedication to sustainable finance and its role in mitigating climate change within the banking and financial sector.
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.
Fédération des caisses Desjardins du Québec is committed to some reduction initiatives 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.