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updated a month ago

Exchange Income

Company website

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.

27

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.

27

Industry Benchmark

Exchange Income's score of 27 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.

50%

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Exchange Income's reported carbon emissions

In 2023, Exchange Income Corporation reported total carbon emissions of approximately 269,436,000 kg CO2e. This figure includes about 243,754,000 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and approximately 4,814,000 kg CO2e from Scope 2 emissions, related to purchased electricity. Comparatively, in 2022, the company recorded total emissions of about 228,803,000 kg CO2e, with Scope 1 emissions at approximately 224,603,000 kg CO2e and Scope 2 emissions at around 4,200,000 kg CO2e. This indicates an increase in total emissions year-on-year, reflecting the company's growth and operational expansion. Exchange Income has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in initiatives such as the Science Based Targets initiative (SBTi). The company’s emissions data is self-reported and does not cascade from any parent organization. Overall, while Exchange Income Corporation has made strides in transparency regarding its emissions, it currently lacks defined reduction strategies or commitments to mitigate its carbon footprint.

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20192020202120222023
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
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Exchange Income's primary industry is Other services (93), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Exchange Income is in CA, which has a low grid carbon intensity relative to other regions.

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.

Exchange Income 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.

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

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Where does DitchCarbon data come from?

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