N26 Bank AG Sustainability Profile
N26 Bank AG, commonly known as N26, is a leading digital bank headquartered in Berlin, Germany. Founded in 2013, N26 has rapidly established itself in the fintech industry, offering innovative banking solutions across Europe and the United States. The bank's core services include a mobile banking app, current accounts, and financial management tools, all designed to provide a seamless user experience. N26 stands out for its commitment to transparency and user-centric design, making banking accessible and straightforward. With over 7 million customers, it has achieved significant milestones, including securing substantial funding rounds and expanding its operations into multiple European markets. As a pioneer in the neobanking sector, N26 continues to redefine traditional banking with its unique approach and robust digital offerings.
DitchCarbon Score
How does N26 Bank AG'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
N26 Bank AG's score of 20 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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N26 Bank AG's reported carbon emissions
N26 Bank AG, headquartered in Germany (DE), currently does not report any specific carbon emissions data, as indicated by the absence of figures in the latest emissions report. This lack of data suggests that the bank has not publicly disclosed its carbon footprint, including Scope 1, 2, or 3 emissions. Furthermore, N26 Bank AG has not established any documented reduction targets or commitments to climate initiatives, such as those outlined by the Science Based Targets initiative (SBTi). The absence of a climate pledge or specific reduction initiatives indicates that the bank may still be in the early stages of developing its climate strategy. It is important to note that N26 Bank AG is a current subsidiary and may inherit emissions data and climate commitments from its parent organization. However, no specific cascading data or initiatives have been provided from the parent company. In summary, N26 Bank AG currently lacks publicly available emissions data and defined climate commitments, reflecting a potential area for future development in sustainability practices.
How Carbon Intensive is N26 Bank AG's Industry?
How Carbon Intensive is N26 Bank AG's Location?
N26 Bank AG's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
N26 Bank AG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
