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.
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.
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.
Rabobank's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Rabobank reported total carbon emissions of approximately 48,800 kg CO2e from Scope 3, alongside 1,900 kg CO2e from Scope 1 and 64 kg CO2e from Scope 2, resulting in a combined total of about 12,200 kg CO2e for Scope 1 and 2. The bank's emissions data for 2023 is currently unavailable, indicating a potential focus on enhancing their climate strategies. Rabobank has not disclosed specific reduction targets or initiatives, which suggests a need for further commitment to climate action. The absence of defined reduction goals may reflect the broader industry context, where financial institutions are increasingly pressured to align with global climate standards and demonstrate accountability in their emissions reporting. Overall, Rabobank's emissions profile highlights the importance of addressing Scope 3 emissions, which constitute the majority of their carbon footprint. As the bank continues to evolve its climate commitments, stakeholders will be keen to see future disclosures that outline specific reduction strategies and targets.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 11,200 | - | 0,000 |
Scope 2 | 3,100 | - | 00 |
Scope 3 | 18,600 | - | 00,000 |
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.