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 30 is higher than 64% 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 has not disclosed specific carbon emissions data for the most recent year, as no emissions figures are available. However, the organisation is committed to achieving net-zero emissions across all scopes by 2050, with a significant focus on aligning its operations with the Science Based Targets initiative (SBTi). Desjardins Group has set near-term targets aimed at reducing greenhouse gas emissions from its operations (Scopes 1 and 2) in line with the 1.5°C climate goal. These targets are part of a broader strategy that includes portfolio targets covering 4% of its total investment and lending by total assets as of 2020. This commitment reflects a proactive approach to sustainability within the financial sector, addressing both required and optional activities in its investment strategy. The organisation's long-term vision includes a comprehensive reduction strategy that encompasses all scopes of emissions, reinforcing its dedication to climate action and responsible financial practices. As a member of the BA1.5 initiative, Desjardins is actively working towards these ambitious climate goals, demonstrating leadership in the financial industry’s transition to a low-carbon economy.
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 participating in some 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.