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.
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.
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.
Banco De Sabadell's score of 38 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Banco De Sabadell reported total carbon emissions of approximately 10,408,000 kg CO2e. This figure includes 3,243,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 16,798,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions, which cover all other indirect emissions, amounted to about 7,165,000 kg CO2e. The bank has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The absence of documented reduction targets suggests that while Banco De Sabadell is aware of its emissions, it may not yet have formalised strategies in place to achieve significant reductions. Overall, Banco De Sabadell's emissions data reflects its operational impact on climate change, and the bank's future commitments will be crucial in addressing its environmental responsibilities.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 3,912,000 | 0,000,000 |
Scope 2 | 526,000 | 00,000,000 |
Scope 3 | 3,702,000 | 0,000,000 |
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 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.