Environment

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Environment

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As a supporter of the principles of the International Co-operative Alliance, Desjardins Group has always been an advocate of long-term development that balances the 3 dimensions of sustainable development: economic, social and environmental.

Accordingly, Desjardins adopted a sustainable development commitment policy to provide a framework for our efforts in terms of products and services, management practices and socio-economic leadership.

Environmental protection is a key factor of our sustainable development commitment policy. To put this commitment into action, Desjardins has implemented various initiatives.

Climate change

Climate change is one of the greatest challenges we face as a society today. At Desjardins Group, we've chosen to make it a priority as part of our commitment to protect the environment. As part of the UN climate change conference in Paris in December 2015 (COP21), we signed:

  • the Statement by Financial Institutions on Energy Efficiency, which was ratified by more than 100 financial institutions from 42 countries
  • a statement issued by the European Association of Co-operative Banks together with 11 member signatories to confirm their commitment to better financing the energy transition towards green growth

Desjardins is doing everything it can to reduce its environmental footprint. Since 2007, we've been producing an inventory of our greenhouse gas emissions. In 2015, we made the commitment to reduce our greenhouse gas emissions to 20% (below 2008 levels) by 2020 and have initiated a reflection process on the decarbonization of Desjardins Group investments.