Exchange Income Sustainability Profile
Exchange Income Corporation (EIC) is a prominent Canadian company headquartered in Winnipeg, Manitoba. Founded in 2004, EIC has established itself as a leader in the aviation and manufacturing sectors, primarily serving remote communities across Canada and the United States. The company operates through two main divisions: Aviation and Manufacturing, offering unique services such as scheduled air transportation and specialised manufacturing solutions. EIC's commitment to operational excellence and customer service has positioned it as a trusted partner in its industry. With a focus on sustainable growth, Exchange Income Corporation has achieved significant milestones, including strategic acquisitions that have expanded its market reach. As a publicly traded entity, EIC continues to enhance its reputation, making it a key player in the North American market.
DitchCarbon Score
How does Exchange Income'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 Other Services 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
Exchange Income's score of 30 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Exchange Income's reported carbon emissions
In 2023, Exchange Income Corporation reported total carbon emissions of approximately 269.4 million kg CO2e. This figure includes about 243.8 million kg CO2e from Scope 1 emissions, primarily from heating fuel, and approximately 4.8 million kg CO2e from Scope 2 emissions, associated with electricity consumption. Comparatively, in 2022, the company recorded total emissions of about 228.8 million kg CO2e, with Scope 1 emissions at approximately 224.6 million kg CO2e and Scope 2 emissions around 4.2 million kg CO2e. This indicates a rise in total emissions from 2022 to 2023. Exchange Income Corporation has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and sustainability efforts. Overall, while Exchange Income Corporation has made strides in emissions reporting, it currently lacks defined reduction strategies or commitments to mitigate its carbon footprint.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 207,340,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,735,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - |
How Carbon Intensive is Exchange Income's Industry?
How Carbon Intensive is Exchange Income's Location?
Exchange Income'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.
Exchange Income 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.
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