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Financial Intermediation
NL
updated 9 days ago

Bng Bank

Company website

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.

34

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.

30

Industry Benchmark

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.

56%

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Bng Bank's reported carbon emissions

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.

Unlock detailed emissions data

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20212022
Scope 1
178,000
000,000
Scope 2
67,000
00,000
Scope 3
88,000
00,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bng Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bng Bank is in NL, which has a very high grid carbon intensity relative to other regions.

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.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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