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.
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.

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.

There’s always room for improvement,

DitchCarbon recommends...

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%.
Not participating

Meet our 360 emissions intelligence platform

✓ Comprehensive database of calculators, life cycle analysis, carbon footprints of companies

✓ Peer group, recommended actions, historical reports, data sources

✓ Complete Scope 1-2-3 data, emission factors, yearly breakdown

✓ Complete SBTi and CDP status with sources

✓ Company emission source URLs

✓ Supply level emission factors

30+ emissions data points on millions of companies

✓ Comprehensive database of calculators, life cycle analysis, carbon footprints of companies

✓ Peer group, recommended actions, historical reports, data sources

✓ Complete Scope 1-2-3 data, emission factors, yearly breakdown

✓ Complete SBTi and CDP status with sources

✓ Company emission source URLs

✓ Supply level emission factors

Claim this profile

Are you associate with this company?
Help us improve our data and claim this profile.

Our methodology

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