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OrganisationsBunq
Bunq logo

Bunq

Financial IntermediationNetherlands
Last verified 22 days agobunq.com

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.

31
DitchCarbon score

-4 vs industry average

Bunq’s score of 31 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Very Low

Financial Intermediation is among the least carbon-intensive industries

Industry performance

0.062
20192025

The Financial Intermediation industry has increased its overall emissions by 11% since 2019

Emissions trajectory 2020 – 2025

00.0M00M0M0M0

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202020212022202320242025

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Bunq's reported carbon emissions

In 2022, Bunq, headquartered in the Netherlands, reported total carbon emissions of approximately 11,811,000 kg CO2e. This figure includes Scope 2 emissions of about 65,000 kg CO2e from purchased electricity and significant Scope 3 emissions of approximately 10,959,000 kg CO2e, primarily from investments. In 2021, Bunq's total emissions were slightly lower at approximately 11,751,000 kg CO2e, with Scope 2 emissions at about 51,000 kg CO2e and Scope 3 emissions reaching approximately 11,377,000 kg CO2e. Bunq has committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which Bunq joined in September 2022. The company is actively working towards this goal, although specific near-term reduction targets have not been detailed. Overall, Bunq's emissions data reflects a significant reliance on Scope 3 emissions, particularly from investments, highlighting the importance of addressing these areas in their climate strategy.

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Bunq’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Bunq yet.

Scope 3 top emissions categories

1 of 15 categories disclosed
Investments100%
Investments100%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Active
CDP

Carbon Disclosure Project

See details
Not active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Bunq logoBunq
NLFinancial Intermediation
22 days ago
31
Wise logoWise
GBFinancial Intermediation
10 days ago
81
View
Adyen logoAdyen
NLFinancial Intermediation
7 days ago
44
View
Solaris SE logoSolaris SE
DEFinancial Intermediation
6 days ago
39
View
Starling Bank logoStarling Bank
GBFinancial Intermediation
2 months ago
35
View
Revolut logoRevolut
GBFinancial Intermediation
10 days ago
31
View
Monzo Bank Limited logoMonzo Bank Limited
GBFinancial Intermediation
1 month ago
31
View

Frequently asked questions

Common questions about Bunq’s sustainability data and climate commitments

In 2022, Bunq reported total carbon emissions of approximately 11.8 million kg CO₂e. This includes Scope 2 emissions of about 65,000 kg CO₂e from purchased electricity and significant Scope 3 emissions of roughly 11 million kg CO₂e, primarily from investments. The data indicates a slight increase from 2021, when total emissions were around 11.8 million kg CO₂e, highlighting the ongoing challenges in managing emissions within the financial intermediation sector.

Data year: 2022

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