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 62% 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 69,000,000 kg CO2e, encompassing Scope 1 and 2 emissions. In 2023, the bank's emissions were about 73,000,000 kg CO2e for Scope 1 and 2, alongside significant Scope 3 emissions of approximately 46,900,000,000 kg CO2e. This indicates a reduction in Scope 1 and 2 emissions from the previous year, where they totalled about 73,000,000 kg CO2e in 2023 and 58,187,000 kg CO2e in 2021. Rabobank's emissions data for 2022 revealed a total of approximately 58,122,000 kg CO2e, with Scope 1 emissions at about 19,754,000 kg CO2e and Scope 2 emissions at approximately 26,604,000 kg CO2e. The bank also reported Scope 3 emissions from business travel and purchased goods and services, contributing to its overall carbon footprint. Despite these figures, Rabobank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action. Overall, Rabobank's emissions reflect a complex landscape of carbon management, with significant Scope 3 emissions indicating areas for potential improvement in sustainability practices.
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| 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 35,204,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - |
| Scope 2 | 84,879,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - |
| Scope 3 | 24,263,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000,000 | - |
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.
