Banco Pastor S.A., a prominent financial institution headquartered in Spain, has been serving clients since its establishment in 1776. With a strong presence in Galicia and other key regions, the bank operates primarily in the banking and financial services industry, offering a range of products tailored to meet the needs of both individuals and businesses. Specialising in retail banking, Banco Pastor provides unique services such as personal loans, mortgages, and investment solutions, distinguished by their customer-centric approach and local expertise. Over the years, the bank has achieved significant milestones, solidifying its position in the market as a trusted provider of financial services. With a commitment to innovation and community engagement, Banco Pastor continues to play a vital role in the Spanish banking landscape.
How does Banco Pastor S.A.'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 Pastor S.A.'s score of 46 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Pastor S.A., headquartered in Spain, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is part of a corporate family that includes Banco Santander, S.A., from which it inherits emissions data and climate commitments. However, no specific reduction targets or climate pledges have been outlined for Banco Pastor S.A. itself. As a merged entity, Banco Pastor S.A. aligns with the broader sustainability initiatives of Banco Santander, S.A., which may include participation in frameworks such as the Carbon Disclosure Project (CDP). The cascading of data from Banco Santander suggests that any climate-related performance metrics or targets would be reflective of the parent company's strategies and commitments. In the context of the banking industry, it is essential for institutions like Banco Pastor S.A. to engage in climate action and transparency, particularly as financial entities increasingly face scrutiny regarding their environmental impact and sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 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 2 | 259,567,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 |
Banco Pastor S.A.'s Scope 3 emissions, which increased by 790% last year and increased by approximately 741% since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banco Pastor S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.