- High personal debt rate in society.
- Supply delays for low-emission vehicles due to worldwide shortages.
- Increasing vehicle thefts in Canada.
Desjardins Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Desjardins Group disclosed greenhouse gas emissions of 19.4K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
19.4K tCO2e/year
2023
Renewable Energy
59% (energy sector lending)
of total energy
Waste
3.0K tonnes/year (for specific buildings)
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 19.4K tCO2e/year |
| 2021 | 17.5K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced emissions by 49% by the end of 2023 compared to 2019 levels.
- Increased support for the renewable energy sector; share allocated to renewables in our energy sector lending reached 59% at the end of 2023 (vs. 40% in 2022).
- Invested nearly $1.89 billion as at September 30, 2023 in renewable energy infrastructure.
- GHG emissions from paper consumption decreased by more than 15% compared to 2022.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce operational GHG emissions by 50% compared to 2020 levels by 2030.
- Build a network of 500 electric charging stations by the end of 2025.
📅 Medium-term
- Achieve net zero emissions by 2040 in base operations, supply chain, lending activities, and investments in energy, transportation, and real estate sectors.
- Accelerate the transition to renewable energy by 2030.
🔭 Long-term
- Net zero emissions by 2040
🌱 ESG Focus Areas
Financial inclusion and accessibilityFinancial empowermentMember/client experienceResponsible products and servicesEnvironment and climateSocialGovernance