Citadele Banka
Citadele Banka, a prominent financial institution headquartered in Latvia (LV), has established itself as a key player in the banking sector since its founding in 2010. With a strong presence in the Baltic region, Citadele Banka offers a diverse range of services, including retail banking, corporate banking, and investment solutions, catering to both individual and business clients. The bank is renowned for its innovative digital banking solutions, which enhance customer experience and streamline financial management. Citadele Banka has achieved significant milestones, including recognition for its robust financial performance and commitment to sustainability. As a trusted partner in the financial landscape, Citadele Banka continues to strengthen its market position, providing tailored financial products that meet the evolving needs of its customers.
DitchCarbon Score
How does Citadele Banka'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 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
Citadele Banka's score of 24 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Citadele Banka's reported carbon emissions
In 2023, Citadele Banka reported total carbon emissions of approximately 3,295,600 kg CO2e. This figure includes 82,400 kg CO2e from Scope 1 emissions, 343,400 kg CO2e from Scope 2 emissions, and a significant 3,329,560 kg CO2e from Scope 3 emissions. In 2022, the bank's total emissions were about 1,921,900 kg CO2e, with Scope 1 emissions at 64,700 kg CO2e, Scope 2 emissions at 1,029,600 kg CO2e, and Scope 3 emissions reaching 827,600 kg CO2e. The 2021 emissions were reported at 1,521,700 kg CO2e, comprising 90,200 kg CO2e from Scope 1, 1,401,100 kg CO2e from Scope 2, and 30,400 kg CO2e from Scope 3. Despite the fluctuations in emissions over the years, Citadele Banka has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the banking sector, particularly in light of increasing global emphasis on sustainability and carbon neutrality.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 90,200 | 00,000 | 00,000 |
| Scope 2 | 1,401,100 | 0,000,000 | 000,000 |
| Scope 3 | 30,400 | 000,000 | 0,000,000 |
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.
Citadele Banka 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.
