Rabobank
Rabobank, officially known as Coöperatieve Rabobank U.A., is a prominent Dutch financial institution headquartered in the Netherlands. Established in 1898, Rabobank has evolved into a leading player in the global banking sector, with a strong presence in Europe, North America, and Australia. Specialising in retail and wholesale banking, Rabobank is particularly renowned for its expertise in agribusiness and food production financing. Its unique cooperative model fosters a strong connection with local communities, enabling tailored financial solutions that meet specific regional needs. With a commitment to sustainability and innovation, Rabobank has achieved notable recognition in the banking industry, consistently ranking among the top banks for customer satisfaction. Its diverse range of services, including personal banking, corporate finance, and investment solutions, positions Rabobank as a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Rabobank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Rabobank's score of 36 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Rabobank's reported carbon emissions
In 2022, Rabobank reported total carbon emissions of approximately 12,200 kg CO2e from Scope 1 and 2, with Scope 1 emissions at about 1,900 kg CO2e and Scope 2 emissions at about 64 kg CO2e. The bank's Scope 3 emissions were significantly higher, reaching approximately 48,800 kg CO2e, primarily from purchased goods and services. In 2021, Rabobank's total emissions from Scope 1 and 2 were about 26,200 kg CO2e, indicating a reduction in emissions over the following year. The bank has not disclosed specific reduction targets or initiatives as part of its climate commitments, nor has it reported any Science-Based Targets Initiative (SBTi) reduction targets. For 2020, Rabobank's emissions were reported as 11,200 kg CO2e for Scope 1 and 3,100 kg CO2e for Scope 2, with Scope 3 emissions at approximately 18,600 kg CO2e. This data reflects the bank's ongoing efforts to monitor and manage its carbon footprint. Overall, while Rabobank has made strides in tracking its emissions, specific reduction targets or commitments have not been detailed in the available data. The bank's focus appears to be on understanding its emissions profile across various scopes to inform future climate strategies.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 11,200 | - | 0,000 |
| Scope 2 | 3,100 | - | 00 |
| Scope 3 | 18,600 | - | 00,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Rabobank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
