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 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 (location-based), and 10,597,000 kg CO2e from Scope 3 emissions. Notably, the bank's emissions from business travel amounted to about 4,058,000 kg CO2e, while employee commuting contributed approximately 5,067,000 kg CO2e. In Spain, the bank's emissions for 2024 were approximately 6,481,000 kg CO2e, with Scope 1 emissions at 1,331,000 kg CO2e, Scope 2 emissions at 11,264,000 kg CO2e (location-based), and Scope 3 emissions at 5,150,000 kg CO2e. The previous year, 2023, saw total emissions of about 6,920,000 kg CO2e in Spain, indicating a slight reduction. Banco De Sabadell has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any climate pledges. The absence of documented reduction targets suggests a need for enhanced commitment to climate action within the banking sector.
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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.
