Banco General, officially known as Banco General, S.A., is a leading financial institution headquartered in Spain. Established in 1976, the bank has grown to become a prominent player in the banking industry, primarily serving clients across the Iberian Peninsula and Latin America. Specialising in retail and corporate banking, Banco General offers a diverse range of products and services, including personal loans, mortgages, and investment solutions. Its commitment to customer service and innovative financial solutions sets it apart in a competitive market. With a strong market position, Banco General has achieved significant milestones, including numerous awards for excellence in banking services. The bank continues to focus on expanding its reach and enhancing its offerings, solidifying its reputation as a trusted financial partner.
How does Banco General'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 General's score of 26 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Banco General reported total carbon emissions of approximately 1,961,450 kg CO2e. This figure includes 282,770 kg CO2e from mobile combustion, 248,290 kg CO2e from fugitive emissions, and 87,780 kg CO2e from stationary combustion, with no reported Scope 2 emissions for that year. The bank's emissions have seen a significant reduction from previous years, with total emissions of about 2,155,920 kg CO2e in 2021 and 2,824,530 kg CO2e in 2020. This indicates a downward trend in their carbon footprint, showcasing their commitment to reducing emissions over time. Despite these reductions, Banco General has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal commitments suggests that while the bank is making progress in reducing emissions, there may be opportunities for more structured climate action and accountability in the future.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 2017 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 8,589,780 | 00,000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 40,070 | 00,000 | 0,000,000 | 0,000,000 | - |
Scope 3 | - | - | - | - | - |
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 General 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.