Grupo Cooperativo Cajamar, headquartered in Spain, is a leading cooperative banking group that has been serving its members since its establishment in 2000. With a strong presence in key regions such as Andalusia, Valencia, and Murcia, Cajamar focuses on providing a range of financial services tailored to the agricultural and rural sectors, as well as small and medium-sized enterprises (SMEs). The cooperative is renowned for its commitment to sustainable development and social responsibility, offering unique products such as agricultural financing, savings accounts, and investment services. Notable achievements include its recognition as one of the top cooperative banks in Spain, reflecting its robust market position and dedication to customer-centric solutions. Cajamar continues to innovate within the financial industry, ensuring that it meets the evolving needs of its diverse clientele.
How does Grupo Cooperativo Cajamar'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.
Grupo Cooperativo Cajamar's score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Grupo Cooperativo Cajamar reported no specific carbon emissions data. However, in 2016, the organisation disclosed total emissions of approximately 1,883,000 kg CO2e, which included 883,000 kg CO2e from Scope 1 emissions and 1,201,000 kg CO2e from Scope 3 emissions, primarily from business travel and employee commuting. There is no Scope 2 emissions data available. Grupo Cooperativo Cajamar has committed to achieving net-zero emissions by 2050, with targets set through the Science Based Targets initiative (SBTi). The organisation is classified as a financial institution and is a member of the BA1.5 initiative, indicating its commitment to limiting global warming to 1.5 degrees Celsius. The deadline for submitting specific reduction targets was September 2023, and the organisation is currently in the process of developing these targets. Overall, while specific emissions data for recent years is lacking, Grupo Cooperativo Cajamar is actively working towards significant climate commitments and aims to align its operations with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2016 | |
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Scope 1 | 883,000 |
Scope 2 | - |
Scope 3 | 1,201,000 |
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.
Grupo Cooperativo Cajamar is participating in some 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.