- Obtaining reliable data to calculate the footprint of loan portfolios.
- Managing climate-related risks and opportunities.
- Ensuring a smooth and inclusive energy transition.
National Bank of Canada
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, National Bank of Canada disclosed greenhouse gas emissions of 118.0K 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
118.0K tCO2e/year
2022
Renewable Energy
71%
of total energy
✅ Reported Environmental Achievements
- Reduced GHG emissions from operations by achieving carbon neutrality.
- 71% of energy consumption from renewable sources.
- Growing renewable energy loan portfolio faster than non-renewable energy loan portfolio.
- New head office designed to obtain LEED v4 Gold and WELL certification.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce GHG emissions from operations by 25% by the end of 2025.
- Have more than a quarter of the workforce be made up of people in diversity segments by the end of 2023.
📅 Medium-term
- Reduce portfolio intensity for the Oil and Gas Producers sub-sector by 31% by 2030.
🔭 Long-term
- Achieve net-zero emissions for operations and financing activities by 2050.
🌱 ESG Focus Areas
Climate ChangeBiodiversityFinancial InclusionHuman RightsInclusion and DiversityResponsible SourcingCorporate GovernanceCorporate EthicsResponsible Business Practices