- High inflation and interest rates impacting customer access to capital and global demand.
- Increased claim activity in manufacturing and wholesale/retail trade sectors.
- Deterioration in the macroeconomic environment impacting credit losses.
Export Development Canada
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Export Development Canada disclosed greenhouse gas emissions of 2.4K tCO2e/year (assured). By scope: Scope 1: 423.7 tCO2e/year (assured); Scope 2: 186.1 tCO2e/year (assured); Scope 3: 4.0K 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
2.4K tCO2e/year (assured)
2023
Water Usage
11.3K m3/year
2023
Waste
110 tons/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 423.7 tCO2e/year (assured) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 186.1 tCO2e/year (assured) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 4.0K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 2.4K tCO2e/year (assured) |
| 2022 | 2.8K tCO2e (2022) |
| 2021 | 3.8K tCO2e/year (operational) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Exceeded climate target to reduce exposure in six carbon-intensive sectors by 69% (target: 45%).
- Facilitated a record $12.2 billion in cleantech business activity (target: $10 billion by 2025).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon-intensive financing exposure by 45% by 2023 (achieved).
📅 Medium-term
- Reduce airlines emissions per passenger kilometre by 37% by 2030.
- Reduce upstream oil and gas financing portfolio production volume by 15% by 2030.
- Achieve $10 billion in cleantech business facilitated by 2025 (achieved).
🔭 Long-term
- Achieve net-zero emissions by 2050.
🌱 ESG Focus Areas
Climate ChangeHuman RightsInclusion, Diversity & EquitySustainable FinanceResponsible Business Conduct