Nederlandse Waterschapsbank, often referred to as NWB Bank, is a prominent financial institution headquartered in the Netherlands. Established in 1954, the bank primarily serves the Dutch water authorities, providing essential funding for water management and infrastructure projects across the country. With a strong focus on sustainable development, NWB Bank plays a crucial role in financing initiatives that enhance water quality and flood protection. Operating mainly within the public sector, NWB Bank offers unique products such as green bonds and long-term loans tailored to the specific needs of water authorities. Its commitment to sustainability and social responsibility has positioned it as a leader in the niche market of public financing. Notably, NWB Bank has achieved a high credit rating, reflecting its robust financial health and reliability in the industry.
How does Nederlandse Waterschapsbank'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.
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.
Nederlandse Waterschapsbank's score of 51 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nederlandse Waterschapsbank (NWB) reported total carbon emissions of approximately 30.4 kg CO2e, with Scope 1 emissions accounting for about 29.58 kg CO2e and Scope 3 emissions at about 0.8 kg CO2e. Notably, there were no reported Scope 2 emissions for this year. This marks a significant reduction from previous years, where emissions were considerably higher, such as 65,359,000 kg CO2e in Scope 1 and 92,964,000 kg CO2e in Scope 2 in 2022. NWB has committed to achieving net-zero emissions across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi). Their near-term targets include a commitment to reduce emissions in line with a 1.5°C pathway by 2030, covering 47% of their total investment and lending portfolio as of 2022. This includes a focus on required activities, which constituted 52% of their total assets, while optional activities made up 5%, and out-of-scope activities accounted for 43%. Overall, NWB's climate commitments reflect a proactive approach to reducing their carbon footprint and contributing to global climate goals, with ongoing efforts to monitor and report their emissions transparently.
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2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 76,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 00,000,000 | 00.00 |
Scope 2 | 53,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 00,000,000 | - |
Scope 3 | 104,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 0.0 |
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.
Nederlandse Waterschapsbank is participating in some 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.