Caixabank
CaixaBank, officially known as CaixaBank S.A., is a leading financial institution headquartered in Valencia, Spain. Established in 1904, the bank has grown to become a prominent player in the European banking sector, with a strong presence across Spain and Portugal. Specialising in retail banking, corporate banking, and wealth management, CaixaBank offers a diverse range of services, including personal loans, mortgages, and investment solutions. Its commitment to innovation and customer service sets it apart in a competitive market. Recognised for its robust financial performance, CaixaBank has received numerous accolades, solidifying its position as one of the largest banks in Spain. With a focus on digital transformation and sustainable finance, CaixaBank continues to adapt to the evolving needs of its clients while maintaining a strong market presence.
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 36 is higher than 76% 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 24.4 million tonnes CO2e. This figure includes about 8.4 million tonnes from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and approximately 15.9 million tonnes from Scope 3 emissions, which cover indirect emissions from the value chain. Notably, Scope 2 emissions, related to the purchase of electricity, were reported at around 29.4 million tonnes CO2e. Comparatively, in 2022, Caixabank's total emissions were about 24.8 million tonnes CO2e, indicating a slight reduction in emissions year-on-year. The breakdown for 2022 included approximately 9.6 million tonnes from Scope 1, around 42.7 million tonnes from Scope 2, and about 15.3 million tonnes from Scope 3. Despite these figures, Caixabank has not publicly committed to specific reduction targets or initiatives as part of recognised frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). The absence of defined reduction targets suggests that while the bank is monitoring its emissions, it may not yet have formalised a comprehensive strategy for significant emissions reductions in line with global climate goals.
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Add to project2021 | 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.
