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Bunq, officially known as Bunq B.V., is a pioneering financial technology company headquartered in the Netherlands. Founded in 2012, Bunq has rapidly established itself in the financial intermediation services sector, focusing on innovative banking solutions that cater to a diverse clientele across Europe.
The company offers a range of unique products, including personal and business accounts, multi-currency features, and advanced budgeting tools, all designed to enhance user experience and financial management. Bunq's commitment to transparency and sustainability sets it apart in a competitive market, earning recognition for its user-centric approach and robust digital platform.
With a strong presence in major European markets, Bunq continues to redefine banking, making it more accessible and efficient for users seeking modern financial solutions.
-6 vs industry average
Bunq’s score of 31 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Bunq, a financial intermediation services company headquartered in the Netherlands, reported its total greenhouse gas emissions for 2022 as approximately 11,811,000 kg CO2e. This figure includes Scope 2 emissions from purchased electricity at 65,000 kg CO2e and Scope 3 emissions from investments at 10,959,000 kg CO2e.
In 2021, Bunq's total emissions were about 11,751,000 kg CO2e, with Scope 2 emissions from purchased electricity at 51,000 kg CO2e, and Scope 3 emissions including investments at 11,377,000 kg CO2e, business travel at 176,000 kg CO2e, and employee commute at 5,000 kg CO2e.
For 2020, the company's total emissions were around 8,118,000 kg CO2e. This comprised Scope 2 emissions from purchased electricity at 41,000 kg CO2e, and Scope 3 emissions from investments at 7,805,000 kg CO2e, business travel at 152,000 kg CO2e, and employee commute at 4,000 kg CO2e.
Bunq is committed to climate action, having committed to a Science Based Targets initiative (SBTi) net-zero target. This long-term target covers all scopes of emissions and has a start year of 2023 with an end year of 2050. As a financial institution, Bunq has also committed to the SBTi's Financial Institutions Net-Zero Standard, with a deadline 24 months from the standard's launch.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Common questions about Bunq’s sustainability data and climate commitments
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