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 53 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rabobank's reported carbon emissions
In 2024, Rabobank reported total carbon emissions of approximately 1,622,110 kg CO2e. This figure includes 1,115,210 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 58,530 kg CO2e from Scope 2 emissions, which are location-based. Additionally, Scope 3 emissions totalled about 500,420 kg CO2e, with significant contributions from business travel (425,100 kg CO2e). Comparatively, in 2023, Rabobank's total emissions were about 1,990,070 kg CO2e, with Scope 1 emissions at 1,037,780 kg CO2e and Scope 2 emissions at 55,030 kg CO2e. Scope 3 emissions for that year reached approximately 947,250 kg CO2e, again largely driven by business travel (892,950 kg CO2e). Rabobank's emissions have shown a notable reduction from 2022, when total emissions were reported at 58,122,000 kg CO2e, with Scope 1 at 19,754,000 kg CO2e and Scope 2 at 26,604,000 kg CO2e. The significant drop in emissions from 2022 to 2023 indicates a positive trend towards reducing their carbon footprint. Despite these reductions, Rabobank has not publicly committed to specific science-based targets (SBTi) or documented reduction initiatives. The organisation's emissions data is not cascaded from any parent company, ensuring that the figures reflect its independent operations. Rabobank continues to focus on sustainability and climate commitments, aligning with industry standards for carbon management.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 35,204,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 84,879,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000 |
| Scope 3 | 24,263,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 000,000 | 000,000 |
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 participating in any of the initiatives that 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.
