Grupo Cooperativo Cajamar
Grupo Cooperativo Cajamar, headquartered in Spain, is a leading cooperative banking group that has been serving its members since its establishment in 2000. With a strong presence in key regions such as Andalusia, Valencia, and Murcia, Cajamar focuses on providing a range of financial services tailored to the agricultural and rural sectors, as well as small and medium-sized enterprises (SMEs). The cooperative is renowned for its commitment to sustainable development and social responsibility, offering unique products such as agricultural financing, savings accounts, and investment services. Notable achievements include its recognition as one of the top cooperative banks in Spain, reflecting its robust market position and dedication to customer-centric solutions. Cajamar continues to innovate within the financial industry, ensuring that it meets the evolving needs of its diverse clientele.
DitchCarbon Score
How does Grupo Cooperativo Cajamar'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
Grupo Cooperativo Cajamar's score of 23 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Grupo Cooperativo Cajamar's reported carbon emissions
In 2023, Grupo Cooperativo Cajamar reported total carbon emissions of approximately 2,165,000 kg CO2e. This figure includes 622,300 kg CO2e from Scope 1 emissions, which primarily stem from direct fuel combustion, and 1,542,510 kg CO2e from Scope 3 emissions, encompassing indirect emissions from activities such as business travel and purchased goods and services. Notably, Scope 2 emissions were recorded as zero. Comparatively, in 2022, the total emissions were about 2,164,810 kg CO2e, indicating a slight increase in 2023. The breakdown for 2022 included 622,300 kg CO2e in Scope 1 and 1,542,510 kg CO2e in Scope 3, with no Scope 2 emissions reported. Grupo Cooperativo Cajamar has committed to achieving net-zero emissions by 2050, as part of its long-term climate strategy. This commitment aligns with the Science Based Targets initiative (SBTi) framework, which encourages organisations to set science-based emissions reduction targets. The bank is actively working towards this goal, having initiated its net-zero commitment in 2023. Overall, Grupo Cooperativo Cajamar is taking significant steps to address its carbon footprint and contribute to climate action, reflecting a growing trend among financial institutions to prioritise sustainability and environmental responsibility.
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Add to project| 2016 | 2019 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 883,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | 000,000 | - | - |
| Scope 3 | 1,201,000 | 0,000,000 | 0,000,000 | 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.
Grupo Cooperativo Cajamar is committed to some 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.
