Public Profile

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.

58

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.

27

Industry Benchmark

Banco De Sabadell's score of 58 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

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Banco De Sabadell's reported carbon emissions

In 2024, Banco De Sabadell reported total carbon emissions of approximately 13,082,000 kg CO2e globally. This includes 2,460,000 kg CO2e from Scope 1 emissions, 14,112,000 kg CO2e from Scope 2 emissions (location-based), and 10,597,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions breakdown reveals significant contributions from business travel (4,058,000 kg CO2e) and employee commuting (5,067,000 kg CO2e). In Spain, the bank's emissions for 2024 were about 6,481,000 kg CO2e, with Scope 1 emissions at 1,331,000 kg CO2e, Scope 2 emissions at 11,264,000 kg CO2e, and Scope 3 emissions at 5,150,000 kg CO2e. The UK operations reported total emissions of approximately 6,004,000 kg CO2e, with Scope 1 emissions of 1,100,000 kg CO2e and Scope 2 emissions at 2,417,000 kg CO2e. Despite the substantial emissions figures, Banco De Sabadell has not set specific reduction targets or initiatives as part of their climate commitments. The bank's emissions data is not cascaded from any parent organization, indicating that it operates independently in its reporting and climate strategy. Overall, Banco De Sabadell's emissions profile highlights the need for enhanced climate action and potential strategies to mitigate their carbon footprint across all operational scopes.

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201820192020202220232024
Scope 1
4,471,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
19,950
00,000
00,000
000,000
00,000
00,000,000
Scope 3
5,637,000
00,000,000
0,000,000
0,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco De Sabadell's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Banco De Sabadell is in ES, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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