Bunq
Bunq, officially known as Bunq B.V., is a pioneering fintech company headquartered in the Netherlands (NL). Founded in 2012, Bunq has rapidly established itself as a leader in the digital banking industry, primarily serving customers across Europe. The company is renowned for its innovative banking solutions, including personal and business accounts, which offer unique features such as instant payments and budgeting tools. Bunq's commitment to sustainability and user-centric design sets it apart from traditional banks, making it a popular choice among tech-savvy consumers. With a strong market position, Bunq has achieved significant milestones, including the launch of its app-based banking services that prioritise transparency and control for users. As a forward-thinking financial institution, Bunq continues to redefine the banking experience in the digital age.
DitchCarbon Score
How does Bunq'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
Bunq's score of 30 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bunq's reported carbon emissions
In 2022, Bunq reported total carbon emissions of approximately 11,811,000 kg CO2e, with a significant portion, about 10,959,000 kg CO2e, attributed to Scope 3 emissions from investments. This marked a slight increase from 2021, when total emissions were about 11,751,000 kg CO2e, which included Scope 2 emissions of approximately 51,000 kg CO2e and Scope 3 emissions of about 11,377,000 kg CO2e, encompassing business travel and employee commuting. Bunq has committed to achieving net-zero emissions across all scopes by 2050, with a near-term target status of "Committed" as part of the Science Based Targets initiative (SBTi). This commitment was formalised in September 2022, aligning with the financial institution's broader climate strategy. The company is a member of the BA1.5 initiative, which focuses on limiting global warming to 1.5 degrees Celsius. Overall, Bunq's emissions data reflects its ongoing efforts to address climate impact, particularly through its investment strategies, while its long-term net-zero commitment underscores a proactive approach to sustainability in the financial sector.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | - | - | - |
| Scope 2 | 41,000 | 00,000 | - |
| Scope 3 | 7,831,000 | 00,000,000 | 00,000,000 |
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.
Bunq 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.
