Eq Bank
Eq Bank, officially known as Equitable Bank, is a leading digital bank headquartered in Finland. Established in 1970, it has evolved to become a prominent player in the financial services industry, primarily focusing on innovative banking solutions for personal and commercial clients. With a strong presence in major operational regions across Europe, Eq Bank offers a range of core products, including high-interest savings accounts, mortgages, and investment services. What sets Eq Bank apart is its commitment to providing competitive rates and user-friendly digital platforms, ensuring a seamless banking experience. Recognised for its customer-centric approach, Eq Bank has achieved significant milestones, positioning itself as a trusted alternative to traditional banks. Its dedication to transparency and efficiency has garnered a loyal customer base, solidifying its reputation in the evolving landscape of digital banking.
DitchCarbon Score
How does Eq Bank'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
Eq Bank's score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eq Bank's reported carbon emissions
In 2020, Eq Bank reported Scope 2 emissions of approximately 133,000 kg CO2e, reflecting its energy consumption in Canada. The bank has set ambitious carbon neutrality targets for its in-use energy consumption by 2030, aiming to achieve this for both Scope 1 and Scope 2 emissions. This commitment underscores Eq Bank's dedication to reducing its carbon footprint and aligning with industry standards for climate action. The targets are part of a broader strategy to enhance sustainability and address climate change impacts effectively. As of 2024, no additional emissions data has been disclosed, indicating a focus on future commitments rather than past performance.
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.
Eq Bank is not participating in any of the initiatives that 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.
