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Banco de España, officially known as Banco de España, is the central bank of Spain, headquartered in Madrid. As a key institution within the financial intermediation sector, it specialises in providing financial stability, monetary policy implementation, and banking supervision across Spain and the Eurozone. Established in 1782, the bank has a long-standing history of supporting Spain’s economic development and maintaining financial integrity.
Its core services include issuing currency, managing monetary policy, and overseeing banking operations, with a focus on safeguarding financial stability. Banco de España’s expertise in financial intermediation services, excluding insurance and pension funding, positions it as a vital player in Spain’s financial landscape. Recognised for its stability and regulatory leadership, the bank continues to play a crucial role in shaping Spain’s economic future.
33
DitchCarbon score
-4 vs industry average
Banco De Espana’s score of 33 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Banco De Espana's reported carbon emissions
Banco de España, a financial intermediation services provider based in ES, reported approximately 372.3 million kg CO2e in Scope 3 emissions for 2024. This figure includes about 14.2 billion kg CO2e from investments. In 2023, their Scope 3 emissions were approximately 358.1 million kg CO2e, with around 14.6 billion kg CO2e attributed to investments. For both years, information on Scope 1 and 2 emissions was not disclosed.
Looking back, Banco de España's Scope 3 emissions were about 139.3 million kg CO2e in 2022, with investments accounting for approximately 9.97 billion kg CO2e. In 2021, Scope 3 emissions were roughly 50.4 million kg CO2e, including about 10.9 billion kg CO2e from investments. The earliest disclosed data, from 2019, shows Scope 3 emissions of approximately 1.4 million kg CO2e, with investments making up about 15.4 billion kg CO2e. The reported Scope 3 data for all years excludes purchased goods and services.
Banco de España has not disclosed any specific emissions reduction targets or climate pledges.
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Banco De Espana’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Banco De Espana yet.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Banco De Espana28 days ago
33
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