Banque Et Caisse Depargne De Letat
Banque et Caisse d'Épargne de l'État (BCEE), commonly referred to as Spuerkeess, is a prominent financial institution headquartered in Luxembourg (LU). Established in 1856, BCEE has played a pivotal role in the banking sector, offering a wide range of services including retail banking, corporate finance, and investment solutions. With a strong focus on customer service and community support, BCEE distinguishes itself through its commitment to sustainable finance and innovative banking solutions. The bank has achieved notable milestones, including its significant market share in the Luxembourg banking landscape, making it a trusted partner for both individuals and businesses. BCEE's dedication to excellence and its robust portfolio of financial products solidify its position as a leader in the industry.
DitchCarbon Score
How does Banque Et Caisse Depargne De Letat'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
Banque Et Caisse Depargne De Letat's score of 19 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banque Et Caisse Depargne De Letat's reported carbon emissions
In 2023, Banque Et Caisse Depargne De Letat reported total carbon emissions of approximately 8,630,000 kg CO2e. This figure includes Scope 1 emissions of about 1,305,000 kg CO2e, Scope 2 emissions of around 106,000 kg CO2e, and Scope 3 emissions totalling approximately 1,649,000 kg CO2e. Notably, the Scope 3 emissions include significant contributions from employee commuting (about 1,581,000 kg CO2e) and purchased goods and services (approximately 1,117,000 kg CO2e). In the previous year, 2022, the bank's total emissions were about 6,300,000 kg CO2e, with Scope 1 emissions at approximately 1,639,000 kg CO2e, Scope 2 at around 132,000 kg CO2e, and Scope 3 emissions of about 1,502,000 kg CO2e. This indicates a substantial increase in emissions from 2022 to 2023. The bank has not publicly committed to specific reduction targets or initiatives, as there are no documented reduction targets or climate pledges available. This lack of formal commitments may reflect a broader industry context where financial institutions are increasingly scrutinised for their environmental impact and climate strategies.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 2,612,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 75,000 | 00,000 | 000,000 | 000,000 |
| Scope 3 | 1,843,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Banque Et Caisse Depargne De Letat 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.
