Nederlandse Waterschapsbank
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.
DitchCarbon Score
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.
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
Nederlandse Waterschapsbank's score of 55 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nederlandse Waterschapsbank's reported carbon emissions
In 2023, Nederlandse Waterschapsbank (NWB) reported total carbon emissions of approximately 60,000 kg CO2e. This figure includes 29.58 kg CO2e from Scope 1 emissions and 0.8 kg CO2e from Scope 3 emissions, while Scope 2 emissions were reported as zero. This marks a significant reduction from 2022, when total emissions were approximately 1,657,000,000 kg CO2e, with Scope 1 emissions at 336,000 kg CO2e and Scope 3 emissions at 39 kg CO2e. NWB has set ambitious climate commitments, aiming for a loan portfolio that achieves net zero CO2e emissions by 2050. Additionally, they plan to have an energy-positive loan portfolio by 2035, progressing towards climate neutrality by 2050. These targets are part of their broader strategy to align with the Science Based Targets initiative (SBTi), which includes commitments covering all scopes of emissions. As of 2023, NWB's portfolio targets encompass 47% of its total investment and lending by total assets, with required activities making up 52% of this total. The bank is committed to reducing greenhouse gas emissions in line with the 1.5°C climate goal, demonstrating a proactive approach to sustainability within the financial sector.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 336,000 | 00.00 |
| Scope 2 | - | - |
| Scope 3 | 39 | 0.0 |
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.
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.
