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You’re on the right path, but you’ve still got a long ways to go! Take your approach one step further by creating specific objectives to reduce emissions and an action plan to meet them on time.
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| Supported Documents | Available data |
|---|---|
Scope 1 | 2339 t.CO2e |
| Scope 2 | 3614 t.CO2e |
| Scope 3 | ❌ |
SBTi trajectory | ✅ |
Report published on the CDP | ❌ |
Report published on the ADEME website | ❌ |
How can I improve my score?
Analyze my scopes 1 & 2
Calculating the GHG emissions from scopes 1 and 2 allows you to assess the environmental impact of your company's activities and to identify the challenges caused by climate change. This is a way to initiate the company's climate strategy and to identify the first action steps to take.
Analyze my scope 3
Scope emissions 1 and 2 together are not sufficient enough to fully understand the environmental impact of a company. In fact, scope 3 emissions account for around 70 to 90% of a company’s carbon footprint. Therefore, it is essential for a company to optimize their supply chain.
Share my reports
If a company communicates their emissions, they can help their suppliers and customers to analyze their own scope 3 emissions - which are an essential component to understanding our environmental impact and to successfully transition to a low-carbon society. As a result, this helps to support a more responsible purchasing policy.
Define a trajectory and transition plan
Once all of your emissions have been calculated, a company will develop a “climate strategy.” This requires clarifying reduction targets in conjunction with the Paris Agreement and the development of an action plan: which will include environmental measures, mobilization of human and financial resources, raising employee awareness, engaging, and the development of carbon contribution projects.
About Canadian Western Bank
Various Figures
1988
Creation date
1000 - 4999
Number of employees
Bank & Fintech
Industry
Company Description
Canadian Western Bank is a Canada-based diversified financial services company. The company provides full-service business and personal banking, specialized financing, wealth management offerings, and trust services. It offers a range of general commercial loans, commercial mortgages, personal loans and mortgages, equipment financing and leasing, real estate project loans, and oil and gas production loans.
Bank & Fintech sector in detail: Why is it important to carry out a carbon assessment?
Take quicker action
The average global temperature has already increased by +1,1 °C - the threshold limit was set by the Paris Agreement at +2°C.
Upgrade your business
50% of French people are ready to pay more money for products that are better for the environment.
Increase your sales
In July 2022, 97% of French consumers had considered the sustainability criteria for at least one of their recent purchases.
Boost your company’s carbon score
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