Corporación Financiera Alba
Corporación Financiera Alba, often referred to as Alba, is a prominent investment holding company headquartered in Madrid, Spain. Established in 1986, Alba has carved a niche in the financial services industry, focusing on long-term investments across various sectors, including industrial, consumer goods, and telecommunications. With a robust portfolio that includes stakes in leading companies, Alba distinguishes itself through its strategic approach to value creation and sustainable growth. The firm is recognised for its disciplined investment strategy and has achieved notable milestones, solidifying its position as a key player in the Spanish market. Alba's commitment to excellence and innovation in investment management has earned it a reputation for reliability and performance, making it a trusted partner for investors seeking to navigate the complexities of the financial landscape.
DitchCarbon Score
How does Corporación Financiera Alba'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
Corporación Financiera Alba's score of 45 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Corporación Financiera Alba's reported carbon emissions
In 2023, Corporación Financiera Alba reported total carbon emissions of approximately 1,972,220 kg CO2e. This figure includes 943,750 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 1,028,470 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Notably, the company also reported Scope 3 emissions of 1,972,220 kg CO2e, which are associated with the entire value chain, particularly from purchased goods and services. Comparatively, in 2022, the total emissions were about 3,729,000 kg CO2e, indicating a significant reduction in emissions year-on-year. This reduction reflects a decrease in both Scope 1 and Scope 2 emissions, as well as a notable drop in Scope 3 emissions. Despite these reductions, Corporación Financiera Alba has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). Their climate commitments remain unspecified, suggesting a potential area for future development in their sustainability strategy.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,566,000 | 000,000 |
| Scope 2 | 2,163,000 | 0,000,000 |
| Scope 3 | 3,729,000 | 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.
Corporación Financiera Alba 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.
