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 52 is higher than 98% 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 minimal carbon emissions, with Scope 1 emissions at approximately 29.58 kg CO2e and Scope 3 emissions at about 0.8 kg CO2e. The bank has made significant climate commitments, pledging to achieve net-zero emissions across all scopes by 2050. This commitment aligns with the Science Based Targets initiative (SBTi), which recognises NWB's targets as consistent with limiting global warming to 1.5°C. NWB's emissions data from previous years shows a trend of increasing emissions, with Scope 1 emissions reaching approximately 1,606,000,000 kg CO2e in 2019 and Scope 2 emissions also at similar levels. However, the bank is actively working to reduce its carbon footprint, with specific targets covering 47% of its total investment and lending portfolio as of 2022. The bank's initiatives include a focus on required activities that constitute 52% of its total investments, while optional activities account for 5%. Overall, NWB is committed to a long-term strategy to mitigate climate impact, with interim targets set for 2028 and 2030, demonstrating a proactive approach to sustainability in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 76,000 | 000,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000,000 | 00,000,000 | 00.00 |
Scope 2 | 53,000 | 000,000,000,000 | 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 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.