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 78% 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 2024, Banco De Sabadell reported total carbon emissions of approximately 13,082,000 kg CO2e globally, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 2,460,000 kg CO2e, while Scope 2 emissions were approximately 14,112,000 kg CO2e. Scope 3 emissions totalled around 10,597,000 kg CO2e, with business travel being a major contributor at about 4,058,000 kg CO2e. In Spain, the bank's emissions for 2024 were reported at approximately 6,481,000 kg CO2e, with Scope 1 emissions at about 1,331,000 kg CO2e, Scope 2 emissions at around 11,264,000 kg CO2e, and Scope 3 emissions totalling approximately 5,150,000 kg CO2e. Notably, business travel in Spain contributed about 2,476,000 kg CO2e to the total. Banco De Sabadell has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action. The bank's emissions data is sourced directly from Banco de Sabadell, S.A., with no cascaded data from a parent organization. Overall, while Banco De Sabadell has made strides in reporting its emissions, the lack of defined reduction targets highlights an area for potential improvement in its climate commitments.
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| 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| 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
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.
