Banca March

Banca March, a Spanish financial services company, reported total Scope 1, 2, and 3 emissions of approximately 1.29 million kg CO2e in 2023. This included around 162,990 kg CO2e from Scope 1 emissions, about 126,200 kg CO2e from Scope 2 emissions (primarily purchased electricity), and approximately 1.01 million kg CO2e from Scope 3 emissions. A significant portion of Scope 3 emissions, about 848,860 kg CO2e, was attributed to business travel. Data for "purchased goods and services" within Scope 3 emissions was not available for 2023.

In 2022, Banca March's Scope 1 emissions were approximately 271,750 kg CO2e, with no reported Scope 2 emissions from purchased electricity. Scope 3 emissions totalled about 537,490 kg CO2e, with business travel accounting for approximately 394,390 kg CO2e. Similar to 2023, "purchased goods and services" data was not available for Scope 3 in 2022.

For 2021, the company reported Scope 1 emissions of approximately 255,300 kg CO2e and no Scope 2 emissions from purchased electricity. Scope 3 emissions were around 259,790 kg CO2e, with business travel contributing approximately 249,040 kg CO2e. Again, "purchased goods and services" data for Scope 3 was not available.

In 2020, Banca March's total emissions were approximately 1.62 million kg CO2e, comprising around 126,420 kg CO2e from Scope 1 (including approximately 119,020 kg CO2e from mobile combustion), about 1.02 million kg CO2e from Scope 2 (purchased electricity), and approximately 349,770 kg CO2e from Scope 3, with business travel accounting for around 9,640 kg CO2e. Data for "purchased goods and services" was not available for Scope 3 in 2020.

Banca March's climate commitments and emissions data are self-reported and not cascaded from a parent organization. The company does not currently have publicly disclosed SBTi reduction targets or a Climate Pledge commitment. However, it does provide production emission factors such as electricity consumption per employee and paper consumed per employee in its reports.