ABANCA, officially known as ABANCA Corporación Bancaria, is a prominent financial institution headquartered in Portugal. Established in 2014, the bank has rapidly expanded its operations across key regions in Spain and Portugal, focusing on retail banking, corporate finance, and investment services. With a commitment to innovation, ABANCA offers a range of unique products, including personalised banking solutions and digital services tailored to meet the diverse needs of its clients. The bank has garnered recognition for its customer-centric approach and has achieved significant milestones, positioning itself as a competitive player in the Iberian banking sector. ABANCA's dedication to sustainability and community engagement further distinguishes it in the industry, making it a trusted choice for individuals and businesses alike.
How does ABANCA'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.
ABANCA's score of 24 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
ABANCA currently does not have available carbon emissions data for the most recent year, nor are there specific reduction targets or initiatives outlined in their climate commitments. Without concrete figures or defined goals, it is challenging to assess their current impact on carbon emissions or their strategic approach to climate change. However, the absence of data suggests a potential area for improvement in transparency and accountability regarding their environmental footprint. As the financial sector increasingly prioritises sustainability, ABANCA may benefit from establishing clear emissions reduction targets and commitments to align with industry standards and expectations.
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.
ABANCA 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.