Laurentian Bank Of Canada
Laurentian Bank of Canada, often referred to simply as Laurentian Bank, is a prominent financial institution headquartered in Montreal, Quebec. Established in 1846, it has a rich history of serving the Canadian market, particularly in Quebec and Ontario, where it has a strong operational presence. As a key player in the banking industry, Laurentian Bank offers a diverse range of services, including personal and commercial banking, wealth management, and mortgage solutions. Its commitment to customer-centric service and innovative financial products sets it apart in a competitive landscape. With a focus on community engagement and sustainable practices, Laurentian Bank has achieved notable milestones, reinforcing its position as a trusted financial partner for individuals and businesses alike.
DitchCarbon Score
How does Laurentian Bank Of Canada'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 Financial Intermediation 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
Laurentian Bank Of Canada's score of 43 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Laurentian Bank Of Canada's reported carbon emissions
In 2023, Laurentian Bank of Canada reported total carbon emissions of approximately 76000 kg CO2e for Scope 1, 692000 kg CO2e for Scope 2, and 465000 kg CO2e for Scope 3, primarily from business travel. This marks a significant reduction in emissions compared to 2022, where Scope 1 emissions were about 130000 kg CO2e, Scope 2 emissions were 967000 kg CO2e, and Scope 3 emissions from business travel were approximately 399000 kg CO2e. The bank has not set specific reduction targets or initiatives as part of its climate commitments, indicating a lack of formalised strategies to address its carbon footprint. However, the data reflects a commitment to transparency in emissions reporting, which is essential for understanding and managing climate impact. Overall, while Laurentian Bank of Canada has made strides in reducing its emissions, further commitments and initiatives would enhance its climate action strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 83,000 | 000,000 | 00,000 |
| Scope 2 | 983,000 | 000,000 | 000,000 |
| Scope 3 | 122,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
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.
Laurentian Bank Of Canada 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.
