Caixa Geral De Depositos

Caixa Geral De Depositos, headquartered in Portugal and operating in financial intermediation services, reported its Scope 1 emissions as 3,634 kg CO2e, Scope 2 emissions (market-based) as 5,339 kg CO2e, and Scope 3 emissions from investments as 171,071 kg CO2e in 2025. In 2024, the bank's Scope 1 emissions were approximately 3,969 kg CO2e, Scope 2 (market-based) were about 5,778 kg CO2e, and Scope 3 from investments totalled approximately 276,767 kg CO2e. For 2023, the company reported Scope 1 emissions of 3,239,000 kg CO2e and Scope 2 emissions of 10,946,000 kg CO2e.

Caixa Geral De Depositos has set several climate commitments. The company aims to reduce its Scope 1 and Scope 2 (location-based method) greenhouse gas emissions by 28% by 2028, compared to a 2024 baseline. Additionally, the company targets a 3% reduction in financed Scope 3 greenhouse gas emissions between 2023 and 2028. Previously, the bank committed to a 43% reduction in Scope 1 and Scope 2 emissions by 2021, compared to 2015. There was also a stated goal to reduce absolute Scope 1 and 2 emissions in its own operations (Portugal) by 42% by 2030, using 2021 as a baseline (8,410 tonnes CO2e). For cement manufacturing, the bank targets a 21% reduction in intensity (tonnes CO2e/ton cement) by 2030, compared to 2022, applicable to both Scope 3 upstream and downstream categories. Caixa Geral de Depósitos's near-term Science Based Targets initiative (SBTi) commitment was listed as "Commitment removed" in March 2025, and previously as "Committed" in August 2020.