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National Bank of Canada

Sustainability Report and Carbon Intensity Rankings

Is National Bank of Canada doing their part?

Their DitchCarbon score is 45

The National Bank of Canada has a DitchCarbon Score of 45 out of 100, indicating moderate performance in sustainability efforts. This score reflects the bank’s current carbon intensity, suggesting there is significant room for improvement in reducing emissions. A higher score would denote stronger commitment and results in lowering the company’s carbon intensity.

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

National Bank of Canada operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. 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

The National Bank of Canada benefits from Canada’s very low carbon intensity rating, indicating a cleaner energy mix and lower emissions associated with its operations. This advantageous position supports the bank’s sustainability efforts by being situated in a region with a strong environmental performance.
5.83%

...this company is doing 5.83% worse in emissions than the industry average.

Founded in 1859, the National Bank of Canada is a prominent institution in the finance sector, headquartered in Montreal. With assets totaling $230 billion as of July 2016, it stands as one of the leading integrated financial groups in the country. The company offers a wide range of services, employs nearly 20,000 people, and is listed on the Toronto Stock Exchange under the ticker symbol TSX: NA.

Bad news, National Bank of Canada hasn't set SBTi commitments yet.

The National Bank of Canada has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank has not publicly defined or committed to precise, science-based emissions reduction targets aligned with the latest climate science to meet the goals of the Paris Agreement.
Not participating

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

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

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Our methodology

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

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