Banco Espírito Santo, often referred to as BES, is a prominent financial institution headquartered in Portugal (PT). Established in 1869, it has a rich history marked by significant milestones in the banking sector. The bank primarily operates in Portugal and has a notable presence in various international markets. As a key player in the banking industry, Banco Espírito Santo offers a diverse range of services, including retail banking, corporate finance, and investment solutions. Its unique approach to customer service and innovative financial products distinguishes it from competitors. With a strong market position, Banco Espírito Santo has achieved recognition for its commitment to sustainability and community engagement, making it a trusted choice for individuals and businesses alike.
How does Banco Espirito Santo'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 Espirito Santo's score of 5 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Banco Espírito Santo's carbon emissions for the year 2017 totalled approximately 7,838,000 kg CO2e for Scope 1, 13,803,000 kg CO2e for Scope 2, and 9,885,000 kg CO2e for Scope 3. This reflects a continued commitment to monitoring and reporting emissions across all three scopes, which encompass direct emissions from owned or controlled sources (Scope 1), indirect emissions from the generation of purchased electricity (Scope 2), and other indirect emissions (Scope 3). Despite the detailed emissions reporting, there are currently no specific reduction targets or initiatives outlined by Banco Espírito Santo. The absence of documented reduction targets suggests a potential area for improvement in their climate strategy. As the financial sector increasingly prioritises sustainability, establishing clear reduction commitments could enhance their environmental performance and align with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 4,958,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 22,454,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 10,780,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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 Espirito Santo 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.