Canadian Western Bank
Canadian Western Bank's GHG Emissions Data Preview
In 2023, Canadian Western Bank completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Canadian Western Bank has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Insights into Canadian Western Bank's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Canadian Western Bank amounted to 5,800 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Canadian Western Bank decreased by 2.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Canadian Western Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Canadian Western Bank's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Canadian Western Bank were 2,229 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a
Compared to the previous year (2022), Canadian Western Bank's Scope 1 emissions decreased by 4.7%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Canadian Western Bank's Scope 2 emissions?
In 2023, Canadian Western Bank reported Scope 2 greenhouse gas (GHG) emissions of 3,571 tCOâ‚‚e using the market-based method and 3,571 tCOâ‚‚e using the location-based method. a
Has Canadian Western Bank reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Canadian Western Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Canadian Western Bank 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Canadian Western Bank use for Scope 2 reporting?
In 2023, Canadian Western Bank reported its Scope 2 emissions using the market-based method and using the location-based method. a
Canadian Western Bank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Canadian Western Bank's Value Chain Emissions
In 2023, Canadian Western Bank reported 794 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Canadian Western Bank includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Canadian Western Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Canadian Western Bank's Scope 3 emissions?
In 2023, Canadian Western Bank reported total Scope 3 emissions of 794 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Canadian Western Bank's Scope 3 emissions decreased by 99.26%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does Canadian Western Bank disclose?
In 2023, Canadian Western Bank reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Canadian Western Bank's Scope 3 emissions?
In 2023, the largest contributors to Canadian Western Bank's Scope 3 emissions were: a
- Business Travel (Cat. 6): 794 tCOâ‚‚e (100%)
Canadian Western Bank's Scope 3 Emissions by Categories
Insights into Canadian Western Bank's Total Carbon Footprint
In 2023, Canadian Western Bank reported a total carbon footprint of 6,594 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 94.16% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Canadian Western Bank's total carbon footprint was Scope 2 emissions, accounting for 54.16% of the company's total carbon footprint, followed by Scope 1 emissions at 33.8%. a