Banco De Espana
Banco de España, the central bank of the Kingdom of Spain, is headquartered in Madrid and plays a pivotal role in the European financial landscape. Established in 1782, it has a rich history marked by significant milestones, including its integration into the European System of Central Banks in 1999. Operating primarily within the banking and financial services industry, Banco de España is responsible for monetary policy, financial stability, and the regulation of the Spanish banking sector. Its core services include the issuance of currency, management of foreign reserves, and oversight of payment systems, all of which contribute to its unique position in ensuring economic stability. Recognised for its commitment to transparency and innovation, Banco de España continues to uphold a strong market position, making it a key player in both national and European economic affairs.
DitchCarbon Score
How does Banco De Espana'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
Banco De Espana's score of 11 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco De Espana's reported carbon emissions
In 2023, Banco de España reported a weighted average carbon intensity of approximately 0.00627 kg CO2e per EUR of revenue, with total emissions data not specified. This follows a similar trend in previous years, with 2022 showing a carbon intensity of about 0.00628 kg CO2e per EUR, 2021 at approximately 0.00624 kg CO2e per EUR, 2020 at about 0.00615 kg CO2e per EUR, and 2019 at around 0.00604 kg CO2e per EUR. Banco de España has not disclosed specific Scope 1, 2, or 3 emissions data, nor has it set any formal reduction targets or climate pledges. The absence of documented reduction initiatives indicates a potential area for improvement in their climate strategy. As of now, there are no emissions data cascaded from a parent or related organization, and all information is derived directly from Banco de España's own reporting. The bank's commitment to addressing climate change remains unclear, highlighting the need for more transparency and defined goals in their environmental strategy.
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.
Banco De Espana 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.
