Bankinter, officially known as Bankinter S.A., is a prominent Spanish financial institution headquartered in Madrid, Spain. Founded in 1965, the bank has established itself as a key player in the banking industry, primarily serving clients in Spain and Portugal. Specialising in retail banking, corporate banking, and investment services, Bankinter is renowned for its innovative approach to financial products, including competitive mortgage offerings and personalised investment solutions. The bank's commitment to digital transformation has positioned it as a leader in fintech, enhancing customer experience through advanced online services. With a strong market presence, Bankinter has received numerous accolades for its customer service and operational efficiency, solidifying its reputation as a trusted financial partner in the Iberian Peninsula.
How does Bankinter'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.
Bankinter's score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Bankinter reported total carbon emissions of approximately 16,394,460 kg CO2e. This figure includes Scope 1 emissions of about 1,672,120 kg CO2e, Scope 2 emissions from purchased electricity at around 63,070 kg CO2e, and significant Scope 3 emissions totalling approximately 14,659,270 kg CO2e. Notably, the largest contributors to Scope 3 emissions were business travel, accounting for about 8,882,630 kg CO2e, and purchased goods and services, which contributed approximately 4,360,880 kg CO2e. In 2022, Bankinter's total emissions were slightly lower at about 15,866,350 kg CO2e, with Scope 1 emissions at approximately 1,763,820 kg CO2e and Scope 3 emissions at around 14,102,530 kg CO2e. The data indicates a consistent pattern in emissions, particularly in Scope 3, which remains a significant area of focus for the bank. Despite the emissions data, Bankinter has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests that while the bank is aware of its carbon footprint, it may not yet have formalised commitments to reduce emissions in the near future. Overall, Bankinter's emissions profile highlights the importance of addressing Scope 3 emissions, particularly from business travel and procurement, as part of its broader climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | - | - | 0,000,000 | 0,000,000 |
Scope 2 | 8,451,680 | 0,000,000 | - | 00,000 |
Scope 3 | 2,629,670 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Bankinter 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.