Laurentian Bank Of Canada
Laurentian Bank of Canada, often referred to simply as Laurentian Bank, is a prominent financial institution headquartered in Montreal, Quebec. Established in 1846, it has a rich history of serving the Canadian market, particularly in Quebec and Ontario, where it has a strong operational presence. As a key player in the banking industry, Laurentian Bank offers a diverse range of services, including personal and commercial banking, wealth management, and mortgage solutions. Its commitment to customer-centric service and innovative financial products sets it apart in a competitive landscape. With a focus on community engagement and sustainable practices, Laurentian Bank has achieved notable milestones, reinforcing its position as a trusted financial partner for individuals and businesses alike.
DitchCarbon Score
How does Laurentian Bank Of Canada'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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
Laurentian Bank Of Canada's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Laurentian Bank Of Canada's reported carbon emissions
In 2023, Laurentian Bank of Canada reported total carbon emissions of approximately 768,000 kg CO2e. This figure includes 76,000 kg CO2e from Scope 1 emissions and 692,000 kg CO2e from Scope 2 emissions, with an additional 465,000 kg CO2e attributed to Scope 3 emissions, specifically from business travel. In 2022, the bank's emissions were about 1,097,000 kg CO2e, comprising 130,000 kg CO2e from Scope 1, 967,000 kg CO2e from Scope 2, and 399,000 kg CO2e from Scope 3. The 2021 emissions totalled approximately 2,038,000 kg CO2e, with 83,000 kg CO2e from Scope 1, 1,068,000 kg CO2e from Scope 2, and 203,800 kg CO2e from Scope 3. Despite these figures, Laurentian Bank has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or reduction targets suggests a need for further commitment to sustainability practices within the banking sector.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 83,000 | 000,000 | 00,000 |
| Scope 2 | 983,000 | 000,000 | 000,000 |
| Scope 3 | 2,038,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Laurentian Bank Of Canada is not committed to any 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.
