Equitable Bank

Sustainability Report and Carbon Intensity Rankings

Is Equitable Bank doing their part?

Their DitchCarbon score is 61

Equitable Bank has a DitchCarbon Score of 61 out of 100, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would signify greater success in achieving low carbon intensity and better environmental performance.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Equitable Bank operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Equitable Bank operates in Canada, a region with a very low carbon intensity rating. This suggests that the bank’s operations benefit from the country’s strong sustainability efforts and clean energy usage.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

10.17%

...this company is doing 10.17% better in emissions than the industry average.

Equitable Bank, part of Equitable Group Inc., operates in the finance sector and was founded in 1970 in Toronto, Canada. As the country’s eighth largest independent Schedule I bank, it offers a range of personal and commercial banking services. Recognized as one of Canada’s Top Employers, Equitable Bank prides itself on driving change in Canadian banking and enriching lives through its commitment to service excellence.

emission intelligence's platform recommendations for Equitable Bank

Equitable Bank should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions, potentially reducing their emissions by 15%.

Bad news, Equitable Bank hasn't committed to SBTi goals yet

Equitable Bank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank has not defined or announced clear goals for reducing its greenhouse gas emissions in line with climate science.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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