Northern Credit Union Limited
Northern Credit Union Limited, often referred to as Northern CU, is a prominent financial institution headquartered in Canada. Established in 1958, the credit union has grown to serve various regions across the country, focusing on providing exceptional financial services to its members. Operating within the credit union industry, Northern CU offers a range of core products, including personal and business banking solutions, loans, and investment services. What sets them apart is their commitment to member-centric service and community involvement, fostering a strong sense of trust and loyalty among their clientele. With a solid market position, Northern CU has achieved notable milestones, including recognition for its innovative financial products and community initiatives. As a cooperative, it prioritises the needs of its members, ensuring that they receive tailored financial solutions that enhance their financial well-being.
DitchCarbon Score
How does Northern 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.
Industry Average
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.
Industry Benchmark
Northern Credit Union Limited's score of 31 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Northern Credit Union Limited's reported carbon emissions
Northern 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 organisation 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, Northern Credit Union has successfully decreased its absolute Scope 1 and 2 emissions by 15% compared to 2020. This reduction is attributed to a 3% decrease in emissions from on-balance sheet loans and investments, alongside a substantial 15% reduction in business loans for operational purposes. These efforts demonstrate Northern Credit Union's proactive approach to climate commitments, aligning with industry standards for effective climate governance. The organisation continues to focus on enhancing its sustainability practices and reducing its overall carbon footprint.
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.
Northern 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.
