Bankia, S.A. Sustainability Profile
Bankia, S.A., a prominent Spanish financial institution, is headquartered in Madrid, Spain. Established in 2010 through the merger of several savings banks, Bankia has rapidly positioned itself as a key player in the banking sector, primarily serving the Iberian Peninsula. The bank offers a comprehensive range of services, including retail banking, corporate finance, and investment solutions, catering to both individual and business clients. With a focus on innovation and customer service, Bankia distinguishes itself through its digital banking platforms and personalised financial products. The institution has achieved significant milestones, including its successful IPO in 2011, which marked a pivotal moment in its growth trajectory. As a member of the CaixaBank Group since 2020, Bankia continues to enhance its market presence, solidifying its reputation as a reliable and forward-thinking banking partner in Spain.
DitchCarbon Score
How does Bankia, 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.
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
Bankia, S.A.'s score of 47 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Bankia, S.A. does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The company is identified as a merged entity, and its climate commitments and performance data are cascaded from its parent organisation, CaixaBank, S.A. Currently, there are no documented reduction targets or climate pledges from Bankia, S.A. This absence of specific initiatives suggests that the company may be in the process of developing its climate strategy or aligning with broader corporate sustainability goals set by CaixaBank, S.A. In the context of the financial services industry, it is increasingly important for institutions like Bankia to establish clear carbon reduction targets and transparent reporting practices to address climate change effectively. As the landscape evolves, stakeholders will be looking for Bankia to enhance its climate commitments and provide comprehensive emissions data in the future.
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| 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 22,970,430 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,279,070 | 000,000 | 000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 30,932,130 | - | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Bankia, S.A.'s Industry?
How Carbon Intensive is Bankia, S.A.'s Location?
Bankia, S.A.'s Scope 3 Categories Breakdown
Bankia, S.A.'s Scope 3 emissions, which decreased by 6% last year and increased by approximately 508% since 2015, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 65% of Scope 3 emissions.
Top Scope 3 Categories
Bankia, S.A.'s Climate Goals (2030 & 2050)
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.
Bankia, 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.
