Public Profile

Caixabank

CaixaBank, officially known as CaixaBank S.A., is a leading financial institution headquartered in Valencia, Spain. Established in 2011 through the merger of Caixa Catalunya, Caixa Tarragona, and Caixa de Girona, it has rapidly become a prominent player in the banking sector, primarily serving the Iberian Peninsula and expanding its reach across Europe. Operating within the banking and financial services industry, CaixaBank offers a diverse range of products, including retail banking, corporate banking, and wealth management services. Its unique approach combines innovative digital solutions with personalised customer service, setting it apart in a competitive market. Recognised for its strong market position, CaixaBank has received numerous accolades for its commitment to sustainability and customer satisfaction, solidifying its reputation as a trusted financial partner in Spain and beyond.

DitchCarbon Score

How does Caixabank'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.

63

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.

26

Industry Benchmark

Caixabank's score of 63 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Caixabank's reported carbon emissions

In 2023, CaixaBank reported total carbon emissions of approximately 24,400,220 kg CO2e. This figure includes 5,626,120 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 15,976,880 kg CO2e from Scope 3 emissions, which cover indirect emissions from the value chain. Notably, the bank's Scope 2 emissions were reported at 31,994,660 kg CO2e, reflecting the energy consumed in its operations. CaixaBank has set ambitious climate commitments, aiming for a 30% reduction in carbon intensity by 2030, using 2020 as the baseline. Furthermore, the bank is committed to achieving carbon neutrality by 2050, as a founding member of the Net-Zero Banking Alliance (NZBA). These initiatives underscore CaixaBank's dedication to sustainable practices and its proactive approach to mitigating climate change impacts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
4,688,620
0,000,000
0,000,000
Scope 2
-
-
-
Scope 3
17,774,900
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Caixabank'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. Caixabank is headquartered in ES, which has a rank of low, indicating low grid carbon 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.

Caixabank is not committed to any reduction initiatives 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

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