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 28 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco De Espana's reported carbon emissions
In 2022, Banco de España reported carbon emissions of approximately 8,163,612,000 kg CO2e for Scope 1 and about 1,050,618,000 kg CO2e for Scope 2. This marked a slight decrease in Scope 1 emissions from 2021, which were approximately 7,652,167,000 kg CO2e, while Scope 2 emissions increased from about 1,255,945,000 kg CO2e in the same year. In 2020, the bank's emissions were approximately 9,155,680,000 kg CO2e for Scope 1 and about 1,208,327,000 kg CO2e for Scope 2, indicating a trend of fluctuating emissions over the years. The most recent data for 2023 does not include any reported emissions, suggesting a potential shift in reporting or a commitment to reducing their carbon footprint. Banco de España has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. However, the bank continues to monitor and report its emissions, reflecting an awareness of its environmental impact. The weighted average carbon intensity for the bank has shown slight variations, with values around 0.00628 in 2022 and 0.00624 in 2021, indicating ongoing efforts to assess and potentially improve their carbon efficiency.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 8,647,075,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 1,208,327,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | - |
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 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.
