Northern Lights Credit Union Limited Sustainability Profile
Northern Lights Credit Union Limited, headquartered in Canada, is a prominent player in the financial services industry, specialising in providing a range of banking solutions tailored to meet the needs of its members. Founded in the early 2000s, the credit union has established itself as a trusted institution in various operational regions across the country. Offering unique products such as personal loans, mortgages, and savings accounts, Northern Lights Credit Union Limited prioritises member satisfaction and community engagement. Its commitment to financial education and support sets it apart from traditional banks. With a strong market position, the credit union has achieved notable milestones, including recognition for its customer service excellence and community involvement, solidifying its reputation as a leader in the cooperative banking sector.
DitchCarbon Score
How does Northern Lights 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 Lights 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.
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Northern Lights Credit Union Limited's reported carbon emissions
Northern Lights 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, Northern Lights 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 its on-balance sheet loans and investments, alongside a substantial 15% reduction in business loans for operational purposes. These efforts underscore Northern Lights Credit Union's dedication to climate action and its proactive approach to managing its environmental impact. The organisation continues to focus on sustainability as a core aspect of its operations, aligning with industry standards for climate governance.
How Carbon Intensive is Northern Lights Credit Union Limited's Industry?
How Carbon Intensive is Northern Lights Credit Union Limited's Location?
Northern Lights Credit Union Limited's Climate Goals (2030 & 2050)
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.
Northern Lights 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.
