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.
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
Caixabank's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Caixabank's reported carbon emissions
In 2023, CaixaBank reported total carbon emissions of approximately 24,400,220 kg CO2e. This figure includes 8,423,340 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 29,383,940 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions totalled about 15,976,880 kg CO2e, which includes emissions from the entire value chain, such as business travel and purchased goods and services. In 2022, CaixaBank's total emissions were approximately 24,835,020 kg CO2e, with Scope 1 emissions at 9,576,290 kg CO2e and Scope 2 emissions at 42,670,710 kg CO2e. The Scope 3 emissions for that year were about 15,258,720 kg CO2e. Comparing 2022 to 2023, CaixaBank has made a slight reduction in total emissions, indicating a commitment to improving their environmental impact. However, there are no specific reduction targets or initiatives disclosed in their reports, suggesting that while they are tracking emissions, they have not set formal reduction goals or climate pledges at this time. Overall, CaixaBank's emissions data reflects their ongoing efforts to monitor and manage their carbon footprint, although further commitments and targets would enhance their climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 9,257,380 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,153,550 | - | 00,000,000 |
| Scope 3 | 17,774,900 | 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.
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.
