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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 Espana, a financial intermediation services provider based in ES, reported its most recent emissions data for 2024. For this year, the organisation disclosed approximately 372,306,000 kg CO2e in Scope 3 emissions. This includes about 14,206,103,000 kg CO2e from investments. In 2023, Banco De Espana's Scope 3 emissions were approximately 358,146,000 kg CO2e, with about 14,634,334,000 kg CO2e attributed to investments.
The company has also reported Scope 3 emissions for previous years:
- 2022: Approximately 139,298,000 kg CO2e, including about 9,972,257,000 kg CO2e from investments.
- 2021: Approximately 50,359,000 kg CO2e, including about 10,879,467,000 kg CO2e from investments.
- 2020: Approximately 46,689,000 kg CO2e, including about 11,664,883,000 kg CO2e from investments.
- 2019: Approximately 1,414,000 kg CO2e, including about 15,403,396,000 kg CO2e from investments.
Banco De Espana has not disclosed any specific emissions reduction targets or commitments, such as those validated by the Science Based Targets initiative (SBTi). The company's emissions data is directly reported by Banco de España, with no cascading from parent or related organisations.
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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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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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The Climate Pledge
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UN Global Compact Climate Champions initiative
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RE 100
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Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Banco De Espana16 days ago
33
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