FirstOntario Credit Union Limited, a prominent financial institution headquartered in Ontario, Canada, has been serving its members since its establishment in 1939. With a strong presence in the Southern Ontario region, it operates numerous branches, providing a range of financial services tailored to meet the needs of individuals and businesses alike. As a member-focused credit union, FirstOntario offers unique products such as competitive mortgages, personal loans, and investment solutions, all designed to foster financial well-being. The credit union is recognised for its commitment to community engagement and member satisfaction, positioning itself as a trusted partner in the financial landscape. With a history of innovation and growth, FirstOntario continues to achieve notable milestones, solidifying its reputation as a leader in the credit union sector.
How does FirstOntario Credit Union Limited'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.
FirstOntario Credit Union Limited's score of 23 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
FirstOntario Credit Union Limited, headquartered in Canada, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of data suggests that FirstOntario may not have established formal commitments to reduce its carbon footprint or may not publicly disclose such information at this time. In the context of the financial services industry, many institutions are increasingly recognising the importance of sustainability and are setting ambitious targets to mitigate climate impact. However, without specific emissions data or reduction initiatives, it is unclear how FirstOntario Credit Union Limited aligns with these industry trends. As the organisation does not inherit emissions data from a parent company or related corporate family, it stands independently in its climate commitments. Further transparency and commitment to sustainability could enhance its reputation and align it with the growing expectations of stakeholders regarding environmental responsibility.
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.
FirstOntario Credit Union Limited 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.