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 14 is lower than 89% 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 specific carbon emissions data, as there are no available figures for kg CO2e emissions. Additionally, the organisation has not established any documented reduction targets or climate pledges. As of now, FirstOntario Credit Union Limited does not inherit emissions data from a parent company or related organisation, indicating that their climate commitments and emissions reporting are independent. Without specific emissions data or reduction initiatives, it is unclear how the credit union is addressing climate change or its carbon footprint. In the context of the financial services industry, many institutions are increasingly focusing on sustainability and carbon reduction strategies, but FirstOntario's current stance remains unspecified.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
FirstOntario Credit Union Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
