National Bank of Canada
National Bank of Canada's Climate Target Data Preview
As of 2024, National Bank of Canada has disclosed 9 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 8 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into National Bank of Canada ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Oil and Gas Produced | Copy restricted. Please purchase to unlock this data. | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Feet (ft2) | Copy restricted. Please purchase to unlock this data.  | 2050 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | Copy restricted. Please purchase to unlock this data.  | 2050 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  | 2050 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Oil and Gas Produced | Copy restricted. Please purchase to unlock this data.  | 2050 |
This table provides a simplified preview of selected climate targets 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 National Bank of Canada's Greenhouse Gas Emissions Pathways
As of 2024, National Bank of Canada has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.
Does National Bank of Canada have a target to reduce the emissions from its value chain?
As of 2024, National Bank of Canada has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
National Bank of Canada's most ambitious value chain target is to reduce these emissions by 100% by 2050, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2019.
National Bank of Canada's Value Chain (Scope 3) Emissions Pathway
Does National Bank of Canada have a target to reduce its total carbon footprint?
As of 2024, National Bank of Canada has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.
National Bank of Canada's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 12,323 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 25% by 2025.
As of 2024, National Bank of Canada is ahead of schedule on its total carbon footprint reduction target, having achieved 94.28% of the planned reduction.