Corporación Financiera Alba

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 and 1,028,470 kg CO2e from Scope 2 emissions. Notably, all of the reported emissions fall under Scope 3, specifically from purchased goods and services, amounting to the same total of 1,972,220 kg CO2e. Comparatively, in 2022, the organisation's total emissions were approximately 3,729,000 kg CO2e, with Scope 1 emissions at 1,566,000 kg CO2e and Scope 2 emissions at 2,163,000 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Despite these reductions, Corporación Financiera Alba has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The organisation's emissions data is not cascaded from any parent company, ensuring that the reported figures are solely reflective of its own operations. Overall, while Corporación Financiera Alba has made strides in reducing its carbon footprint, further commitments and targets could enhance its climate strategy moving forward.