Lambton Financial Credit Union Limited, often referred to as Lambton Financial, is a prominent financial institution headquartered in Canada. Established in 1955, the credit union has built a strong reputation in the financial services industry, primarily serving the Lambton County region and surrounding areas. Specialising in personal and business banking, Lambton Financial offers a range of unique products and services, including competitive mortgage options, tailored investment solutions, and community-focused lending. Their commitment to member satisfaction and local engagement sets them apart in a crowded market. With a focus on fostering financial well-being, Lambton Financial has achieved significant milestones, positioning itself as a trusted partner for individuals and businesses alike. Their dedication to innovation and community support continues to drive their success in the evolving financial landscape.
How does Lambton Financial 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.
Lambton Financial Credit Union Limited's score of 34 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lambton Financial Credit Union Limited, headquartered in Canada, has made significant strides in reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the credit union has reported a notable 56% reduction in greenhouse gas (GHG) emissions since 2012. This achievement reflects a strong commitment to environmental sustainability. In terms of specific reduction initiatives, Lambton Financial has successfully decreased its absolute Scope 1 and 2 emissions by approximately 15% compared to 2020. This reduction is attributed to a 3% decrease in emissions from on-balance sheet loans and investments, alongside a significant 15% reduction in business loans for operational purposes. These efforts demonstrate Lambton Financial's dedication to climate action and its proactive approach to managing its environmental impact. The credit union continues to focus on sustainability as part of its operational strategy, aligning with industry standards for climate governance.
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.
Lambton Financial 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.
