Servus Credit Union Ltd.
Servus Credit Union Ltd., a prominent financial institution headquartered in Alberta, Canada, has been serving its members since its establishment in 1938. With a strong presence across the province, Servus operates numerous branches, providing a range of financial services tailored to meet the needs of individuals and businesses alike. As a member-owned credit union, Servus distinguishes itself through its commitment to community engagement and member satisfaction. Its core offerings include personal banking, business solutions, investment services, and insurance products, all designed to empower members in achieving their financial goals. Recognised for its innovative approach, Servus Credit Union has achieved significant milestones, including numerous awards for customer service excellence. With a solid market position, it continues to be a trusted choice for Albertans seeking reliable and community-focused financial solutions.
DitchCarbon Score
How does Servus Credit Union Ltd.'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
Servus Credit Union Ltd.'s score of 31 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Servus Credit Union Ltd.'s reported carbon emissions
In 2019, Servus Credit Union Ltd. reported total carbon emissions of approximately 6,028,000 kg CO2e. This figure includes about 4,037,000 kg CO2e from Scope 1 and 2 emissions combined, and approximately 1,991,000 kg CO2e from Scope 3 emissions. The organisation has made significant strides in reducing its carbon footprint, achieving a remarkable 56% reduction in greenhouse gas (GHG) emissions since 2012. Notably, between 2020 and 2021, Servus Credit Union reported a 15% decrease in absolute Scope 1 and 2 emissions related to its business loans for operational purposes, alongside a 3% reduction in emissions from its on-balance sheet loans and investments. Servus Credit Union's emissions data is cascaded from its corporate family, reflecting a merged entity structure. The commitment to environmental sustainability is evident in their ongoing initiatives and reduction targets, which align with industry standards for climate governance.
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| 2019 | |
|---|---|
| Scope 1 | - |
| Scope 2 | - |
| Scope 3 | 1,991,000 |
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.
Servus Credit Union Ltd. 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.
