Concordia Financial Group Ltd
Concordia Financial Group's GHG Emissions Data Preview
In 2023, Concordia Financial Group 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).
Concordia Financial Group has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Concordia Financial Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Concordia Financial Group amounted to 4,282 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Concordia Financial Group decreased by 44%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Concordia Financial Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Concordia Financial Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Concordia Financial Group were 782 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Concordia Financial Group reduced its Scope 1 emissions over time?
Since 2019, Concordia Financial Group's Scope 1 emissions have decreased by 19.79%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Concordia Financial Group's Scope 1 emissions decreased by 7.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Concordia Financial Group's Scope 2 emissions?
In 2023, Concordia Financial Group reported Scope 2 greenhouse gas (GHG) emissions of 3,500 tCOâ‚‚e without specifying the calculation method.
Has Concordia Financial Group reduced its Scope 2 emissions over time?
Since 2019, Concordia Financial Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 82.99%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Concordia Financial Group's Scope 2 emissions (Unspecified Calculation Method) fell by 48.56% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Concordia Financial Group use for Scope 2 reporting?
In 2023, Concordia Financial Group reported its Scope 2 emissions using an unspecified methodology.
Concordia Financial Group's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Concordia Financial Group's Value Chain Emissions
In 2023, Concordia Financial Group reported 91,712 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Concordia Financial Group includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, down from 9 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.
Concordia Financial Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Concordia Financial Group's Scope 3 emissions?
In 2023, Concordia Financial Group reported total Scope 3 emissions of 91,712 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has Concordia Financial Group reduced its Scope 3 emissions over time?
Since 2019, Concordia Financial Group's Scope 3 emissions have remained relatively stable, indicating that Concordia Financial Group 's emissions have plateaued with no significant change in its value chain footprint.
Compared to the previous year (2022), Concordia Financial Group's Scope 3 emissions decreased by 99.82%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Concordia Financial Group disclose?
In 2023, Concordia Financial Group reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Concordia Financial Group's Scope 3 emissions?
In 2023, the largest contributors to Concordia Financial Group's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 54,520 tCOâ‚‚e (59.46%)
- Capital Goods (Cat. 2): 25,610 tCOâ‚‚e (27.93%)
- Fuel- and Energy-Related Services (Cat. 3): 3,651 tCOâ‚‚e (3.98%)
Concordia Financial Group's Scope 3 Emissions by Categories
Insights into Concordia Financial Group's Total Carbon Footprint
In 2023, Concordia Financial Group reported a total carbon footprint of 95,994 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 99.82% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Concordia Financial Group's total carbon footprint was Scope 3 emissions, accounting for 95.54% of the company's total carbon footprint, followed by Scope 2 emissions at 3.65%.