Banco De Sabadell
Banco de Sabadell, officially known as Banco Sabadell, is a prominent Spanish financial institution headquartered in Sabadell, Spain. Established in 1881, the bank has evolved into one of the leading players in the banking sector, primarily serving the regions of Catalonia and Valencia, while also maintaining a significant presence across Spain and internationally. Specialising in retail banking, corporate banking, and wealth management, Banco de Sabadell offers a diverse range of products and services, including personal loans, mortgages, and investment solutions. Its commitment to innovation and customer service distinguishes it in a competitive market. Notably, the bank has achieved recognition for its digital banking initiatives, positioning itself as a forward-thinking institution in the financial landscape.
DitchCarbon Score
How does Banco De Sabadell'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 Sabadell's score of 58 is higher than 98% 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 Sabadell's reported carbon emissions
In 2023, Banco De Sabadell reported total carbon emissions of approximately 14,780,000 kg CO2e. This figure includes 3,243,000 kg CO2e from Scope 1 emissions, 16,825,000 kg CO2e from Scope 2 emissions, and 11,537,000 kg CO2e from Scope 3 emissions. Notably, the bank's Scope 3 emissions were significantly influenced by business travel, which accounted for about 3,886,000 kg CO2e. In the previous year, 2022, the bank's total emissions were around 8,139,000 kg CO2e, indicating a substantial increase in emissions in 2023. The breakdown for 2022 included 3,912,000 kg CO2e from Scope 1, 14,689,000 kg CO2e from Scope 2, and 3,702,000 kg CO2e from Scope 3. Banco De Sabadell has not disclosed specific reduction targets or initiatives aimed at decreasing its carbon footprint. However, the bank is actively engaged in climate commitments, aligning with industry standards for sustainability and carbon management. The absence of documented reduction targets suggests a potential area for improvement in their climate strategy. Overall, while Banco De Sabadell has made strides in reporting its emissions, the focus on establishing clear reduction goals will be crucial for enhancing its environmental impact and commitment to climate action.
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| 2019 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 4,523,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 18,000 | 000,000 | 00,000 | 00,000,000 |
| Scope 3 | 11,308,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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 Sabadell 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.
