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Public Profile
Financial Intermediation
CA
updated 2 months ago

Questrade, Inc. Sustainability Profile

Company website

Questrade, Inc., a leading online brokerage firm headquartered in Canada, has been a pivotal player in the financial services industry since its inception in 1999. With a strong presence across major Canadian markets, Questrade offers innovative trading solutions that cater to both individual investors and financial advisors. The company is renowned for its low-cost trading options, including commission-free ETFs and competitive pricing on stocks and options, setting it apart from traditional brokerage firms. Questrade's user-friendly platform and advanced trading tools empower clients to make informed investment decisions. Recognised for its commitment to customer service and financial education, Questrade has garnered numerous accolades, solidifying its position as a trusted choice for Canadian investors seeking to navigate the complexities of the stock market.

DitchCarbon Score

How does Questrade, Inc.'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.

23

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.

32

Industry Benchmark

Questrade, Inc.'s score of 23 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

29%

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Questrade, Inc.'s reported carbon emissions

Questrade, Inc., headquartered in Canada, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and commitments suggests that Questrade may not yet have established a formal framework for addressing its carbon footprint or engaging in climate action initiatives. In the context of the financial services industry, many companies are increasingly adopting science-based targets and sustainability commitments to mitigate climate change impacts. However, without specific data or initiatives from Questrade, it remains unclear how the company aligns with these industry trends. As the focus on corporate climate responsibility grows, it will be essential for Questrade to consider developing measurable targets and strategies to enhance its environmental performance.

How Carbon Intensive is Questrade, Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Questrade, Inc.'s primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Questrade, Inc.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Questrade, Inc. is in CA, which has a very low grid carbon intensity relative to other regions.

Questrade, Inc.'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.

Questrade, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Questrade, Inc.'s Emissions with Industry Peers

KOHO Financial Inc.

CA
•
Computer and related services (72)
Updated about 1 month ago

Goldman Sachs Asset Management International

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

Wealthsimple Inc.

CA
•
Other business services (74)
Updated about 18 hours ago

Credential Qtrade Securities Inc.

CA
Updated 2 months ago

Mogo Inc.

CA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 16 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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