Bng Bank, officially known as BNG Bank N.V., is a prominent financial institution headquartered in the Netherlands. Established in 1914, the bank has a rich history of serving the public sector, primarily focusing on financing local authorities and public projects across the country. With a strong presence in the Dutch market, Bng Bank is recognised for its commitment to sustainable development and social responsibility. The bank offers a range of core services, including long-term financing solutions and treasury management, tailored specifically for municipalities and public entities. What sets Bng Bank apart is its unique approach to providing low-cost funding while promoting environmentally sustainable initiatives. Over the years, Bng Bank has achieved notable milestones, solidifying its position as a leader in the public finance sector, and continues to play a vital role in supporting the infrastructure and development needs of the Netherlands.
How does Bng Bank'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.
Bng Bank's score of 34 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, BNG Bank reported total carbon emissions of approximately 2,667,000,000 kg CO2e. This figure includes Scope 1 emissions of about 191,000 kg CO2e, Scope 2 emissions of around 81,000 kg CO2e, and Scope 3 emissions of approximately 65,000 kg CO2e. The combined Scope 1 and 2 emissions totalled about 272,000 kg CO2e. Comparatively, in 2021, the bank's total emissions were about 2,724,000,000 kg CO2e, with Scope 1 emissions at approximately 178,000 kg CO2e, Scope 2 at around 67,000 kg CO2e, and Scope 3 at about 88,000 kg CO2e. This indicates a slight reduction in total emissions from 2021 to 2022. BNG Bank has committed to achieving net-zero emissions by 2050, with this long-term target encompassing all scopes of emissions. This commitment aligns with the Science Based Targets initiative (SBTi), which the bank has also engaged with, confirming its dedication to climate action. The bank's emissions data is sourced directly from BNG Bank N.V., with no cascading from a parent or related organization. BNG Bank's climate strategy reflects its position as a financial institution in the Netherlands, focusing on sustainable practices and accountability in its operations.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 178,000 | 000,000 |
Scope 2 | 67,000 | 00,000 |
Scope 3 | 88,000 | 00,000 |
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.
Bng Bank is participating in some 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.