Bng Bank Sustainability Profile
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.
DitchCarbon Score
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.
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
Bng Bank's score of 39 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bng Bank's reported carbon emissions
In 2022, BNG Bank reported total carbon emissions of approximately 337,000 kg CO2e, comprising 191,000 kg CO2e from Scope 1, 81,000 kg CO2e from Scope 2, and 65,000 kg CO2e from Scope 3 emissions. This represents a slight decrease from 2021, where total emissions were approximately 333,000 kg CO2e, with Scope 1 emissions at 178,000 kg CO2e, Scope 2 at 67,000 kg CO2e, and Scope 3 at 88,000 kg CO2e. The bank has set ambitious climate commitments, aiming for net-zero emissions by 2050. This long-term target encompasses all scopes of emissions and aligns with the Science Based Targets initiative (SBTi) standards. BNG Bank's near-term targets include a commitment to reduce emissions in line with a 1.5°C pathway, with specific portfolio targets covering 49% of its total investment and lending activities as of 2023. Overall, BNG Bank is actively working towards its climate goals, with a clear strategy to achieve significant reductions in its carbon footprint while contributing to broader sustainability efforts within the financial sector.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 118,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 61,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 198,000 | 000,000 | 00,000 | 00,000 |
How Carbon Intensive is Bng Bank's Industry?
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Bng Bank'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.
Bng Bank has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Bng Bank's sustainability data and climate commitments