Bankinter Sustainability Profile
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.
DitchCarbon Score
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.
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
Bankinter's score of 42 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bankinter's reported carbon emissions
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 approximately 63,070 kg CO2e, and significant Scope 3 emissions totalling around 14,659,270 kg CO2e. The major contributors to Scope 3 emissions were business travel, accounting for about 8,903,220 kg CO2e, and purchased goods and services, which contributed approximately 4,414,940 kg CO2e. In 2022, the bank'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 no reported Scope 2 emissions. The Scope 3 emissions for that year were around 14,102,530 kg CO2e, indicating a consistent trend in emissions across these categories. Bankinter has not disclosed any specific reduction targets or initiatives through 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 emissions profile, it may not yet have formalised commitments to reduce its carbon footprint. Overall, Bankinter's emissions data reflects a significant reliance on Scope 3 emissions, particularly from business travel, highlighting an area for potential improvement in their climate strategy.
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| 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 |
How Carbon Intensive is Bankinter's Industry?
How Carbon Intensive is Bankinter's Location?
Bankinter's Scope 3 Categories Breakdown
Bankinter's Scope 3 emissions, which increased by 4% last year and increased by approximately 457% since 2012, 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 "Business Travel" being the largest emissions source at 61% of Scope 3 emissions.
Top Scope 3 Categories
Bankinter'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.
Bankinter 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.
