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Desjardins GroupCanada
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Created before Nov 2016
Last update: 2021-12-10 10:35:42

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Desjardin Group's head office in Levis, Canada. Photo: Kpinard via Wikimedia Commons (CC BY SA 3.0)

About Desjardins Group

The Desjardins Group, founded in 1900, is the largest financial cooperative in Canada. The Group operates a total of 271 caisses: cooperatives that are owned by its members. The Group provides financial services such as consumer banking, asset-based lending and investment banking. Desjardins has its largest presence in Quebec, but is also well established in Ontario.

Website https://www.desjardins.com
Headquarters
100 Des Commandeurs Street
QC G6V 7N5 Lévis
Canada
CEO/chair Guy Cormier
CEO
Supervisor
Superintendent of Financial Institutions (OSFI)
Annual reports CSR Report 2020
Annual report 2020
Ownership

The Desjardins Group is a cooperative bank, comprised of a network of caisses. Every caisse is a cooperative owned by its members. As such, it is not publicly listed on a stock exchange.

Complaints and grievances

Desjardins Group operates a Comments, dissatisfactions and complaints channel, which can be accessed here.

Related Dodgy Deals

Desjardins Group has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

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Active profiles
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On record profiles

News

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Type:
Year:
blog
external news
our news

As extreme weather rages, RBC extends "sustainability" loan to Enbridge, actively expanding gas and tar sands pipelines

Consortium of banks finance pipeline builder in the lead up to COP 26 climate summit
2021-09-24 | Toronto, Canada | Giniw Collective, Stand.earth
blog
external news
our news

Groundbreaking research reveals the financiers of the coal industry

Today, Urgewald & partners published an analysis of the financiers & investors behind the entire coal industry for the 1st time. One of the shocking results was that banks provide more money to coal than in 2016.
2021-02-25 | urgewald, Reclaim Finance
blog
external news
our news

Desjardins adopts a robust coal exit policy

2020-12-18 | Reclaim Finance
blog
external news
our news

Desjardins becomes the first Canadian financial institution to sign the Principles for Responsible Banking

2019-09-16 | Montréal | Desjardins
blog
external news
our news

Desjardins adopts policy to combat climate change

2018-01-15 | Coop News
blog
external news
our news

Indigenous Groups Lead Movement to Call on Banks to Drop Enbridge’s Controversial Line 3 Pipeline

Tribal Nations based in Minnesota oppose the project and the Minnesota Department of Commerce has condemned it
2017-09-21 | Minneapolis, MN | Honor the Earth, Rainforest Action Network
blog
external news
our news

Desjardins considering withdrawal from Trans Mountain pipeline expansion

2017-09-12 | The Globe and Mail
blog
external news
our news

Desjardins suspends oil pipes lending

2017-09-11 | Co-operative Press
blog
external news
our news

Trans Mountain backer Desjardins suspends lending for pipelines over concerns for environment

2017-07-10 | Calgary | Financial Post
blog
external news
our news

Who's bankrolling TransCanada?

Banking on TransCanada means banking on Keystone XL
2017-03-24 | Alison Kirsch - Rainforest Action Network
blog
external news
our news

Rainforest Action Network study ranks financed emissions of Canadian banks

Website lets customers compare carbon footprint of personal accounts
2008-11-19 | San fransisco | Rainforest Action Network

Documents

Type:
Year:
bank documents
2021-11-16 00:00:00

Carbon Footprint Report 2020

2021-11-16 00:00:00 | Desjardins Group
annual reports
2021-06-08 00:00:00

CSR Report 2020

2021-06-08 00:00:00 | Desjardins Group
annual reports
2021-05-03 00:00:00

Annual report 2020

2021-05-03 00:00:00 | Desjardins Group
csr policies
2021-04-13 00:00:00

Responsible investment policy

2021-04-13 00:00:00 | Desjardins Group
csr policies
2021-03-24 00:00:00

Sustainable development policy

2021-03-24 00:00:00 | Desjardins Group
csr policies
2020-12-17 00:00:00

Position on coal

2020-12-17 00:00:00 | Desjardins Group
bank documents
2020-12-16 00:00:00

2020 Report: Desjardins Group maintains its commitments to sustainable development

2020-12-16 00:00:00 | Desjardins Group
annual reports
2020-07-01 00:00:00

CSR report 2019

2020-07-01 00:00:00 | Desjardins Group
annual reports
2020-07-01 00:00:00

Annual report 2019

2020-07-01 00:00:00 | Desjardins Group
other documents
2020-06-02 00:00:00

Financial institutions leading the coal-to-clean energy transition

The Powering Past Coal Alliance celebrates reaching over 100 members
2020-06-02 00:00:00 | Powering Past Coal Alliance
annual reports
2019-06-24 00:00:00

Social and cooperative responsibility report 2018

2019-06-24 00:00:00 | Desjardins Group
annual reports
2019-04-16 00:00:00

Annual report 2018

2019-04-16 00:00:00 | Desjardins Group
csr policies
2019-02-11 00:00:00

Policy on climate change

Date listed represents date as accessed on website
2019-02-11 00:00:00 | Desjardins Group
annual reports
2018-03-31 00:00:00

Annual report 2017

2018-03-31 00:00:00 | Desjardins Group
annual reports
2018-03-31 00:00:00

Social and cooperative responsibility report 2017

2018-03-31 00:00:00 | Desjardins Group
csr policies
2017-12-31 00:00:00

Supplier code of conduct

2017-12-31 00:00:00 | Desjardins Group
annual reports
2017-03-31 00:00:00

Annual report 2016

2017-03-31 00:00:00 | Desjardins Group
annual reports
2017-03-31 00:00:00

Social and cooperative responsibility report 2016

2017-03-31 00:00:00 | Desjardins Group
csr policies
2016-03-10 00:00:00

Anti-money laundering questionnaire

2016-03-10 00:00:00 | Desjardins Group

Links

Social responsibility and cooperation page

https://www.desjardins.com/ca/about-us/social-responsibility-cooperation/index.jsp

Policies

Voluntary standards

Desjardins Group has committed itself to the following voluntary standards:
  • Carbon Disclosure Project
  • Global Reporting Initiative
  • Partnership for Carbon Accounting Financials (PCAF)
  • Principles for Responsible Banking (PRB)
  • Principles for Responsible Investment (PRI)
  • Task Force on Climate-related Financial Disclosures

Investment policies

Desjardins Group's web page on corporate social responsibility can be accessed here.

Year:
csr policies
2021-04-13 00:00:00

Responsible investment policy

2021-04-13 00:00:00 | Desjardins Group
csr policies
2021-03-24 00:00:00

Sustainable development policy

2021-03-24 00:00:00 | Desjardins Group
csr policies
2020-12-17 00:00:00

Position on coal

2020-12-17 00:00:00 | Desjardins Group
csr policies
2019-02-11 00:00:00

Policy on climate change

Date listed represents date as accessed on website
2019-02-11 00:00:00 | Desjardins Group
csr policies
2017-12-31 00:00:00

Supplier code of conduct

2017-12-31 00:00:00 | Desjardins Group
csr policies
2016-03-10 00:00:00

Anti-money laundering questionnaire

2016-03-10 00:00:00 | Desjardins Group

Good moves

Year:

2020

Desjardins adopts a robust coal exit policy

The Quebec financial group Desjardins has just published the details of its thermal coal policy. This policy covers all the essential exclusion criteria that will allow it to completely phase out coal by 2030 in the OECD and 2040 in the rest of the world. Desjardins becomes the 17th financial institution…
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