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 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.
In 2024, Banco De Sabadell reported total carbon emissions of approximately 6,481,000 kg CO2e in Spain. This figure includes 1,331,000 kg CO2e from Scope 1 emissions, 11,264,000 kg CO2e from Scope 2 emissions, and 5,150,000 kg CO2e from Scope 3 emissions, which encompasses significant contributions from business travel (2,476,000 kg CO2e) and employee commuting (1,869,000 kg CO2e). The bank's global emissions for the same year totalled about 13,082,000 kg CO2e, with Scope 1 emissions at 2,460,000 kg CO2e, Scope 2 emissions at 14,112,000 kg CO2e, and Scope 3 emissions reaching 10,597,000 kg CO2e. Notably, business travel accounted for 4,058,000 kg CO2e of these emissions. In the UK, Banco De Sabadell's emissions were reported at approximately 6,004,000 kg CO2e, with Scope 1 emissions of 1,100,000 kg CO2e and Scope 2 emissions of 2,417,000 kg CO2e. Scope 3 emissions in the UK were significant, totalling 4,880,000 kg CO2e. Despite these figures, Banco De Sabadell has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. 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, it currently lacks defined reduction initiatives or targets to mitigate its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.