Nibc Bank, officially known as NIBC Bank N.V., is a prominent financial institution headquartered in The Netherlands (NL). Established in 1945, Nibc Bank has evolved to become a key player in the banking industry, primarily focusing on corporate banking, investment solutions, and private banking services. With a strong presence in the Benelux region and beyond, the bank is recognised for its innovative approach to financing and investment. Offering a range of core products, including tailored lending solutions and asset management services, Nibc Bank distinguishes itself through its commitment to customer-centric solutions and flexibility. The bank has achieved notable milestones, reinforcing its market position as a trusted partner for businesses and individuals alike. With a reputation for reliability and expertise, Nibc Bank continues to thrive in a competitive landscape, serving a diverse clientele with unique financial needs.
How does Nibc Bank'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.
Nibc Bank's score of 46 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, NIBC Bank reported total carbon emissions of approximately 3,000,000 kg CO2e, with emissions distributed across various scopes: 109,000 kg CO2e from Scope 1, 876,000 kg CO2e from Scope 2, and 2,015,000 kg CO2e from Scope 3. Notably, the Scope 3 emissions included significant contributions from waste generated in operations (2,533,000 kg CO2e), business travel (129,000 kg CO2e), and employee commuting (167,000 kg CO2e). Comparatively, in 2022, NIBC Bank's total emissions were about 2,000,000 kg CO2e, with Scope 1 emissions at 322,000 kg CO2e, Scope 2 at 844,000 kg CO2e, and Scope 3 at 2,000,000 kg CO2e. This indicates a substantial increase in emissions in 2023, particularly in Scope 3 categories. NIBC Bank has not set specific reduction targets or initiatives as part of its climate commitments, and there are no reported SBTi (Science Based Targets initiative) reduction targets. The emissions data is cascaded from NIBC Bank N.V., which is a current subsidiary of NIBC Holding N.V. This relationship may influence the bank's overall climate strategy and reporting practices. Overall, NIBC Bank's emissions profile highlights the need for enhanced climate action and potential strategies to mitigate its carbon footprint, particularly in Scope 3 emissions, which represent the majority of its total emissions.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 283,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | - | - | - | - | - | 000,000 | 000,000 |
| Scope 3 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 |
Nibc Bank's Scope 3 emissions, which increased by 24% last year and increased by approximately 20% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Waste Generated in Operations" being the largest emissions source at 90% of Scope 3 emissions.
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.
Nibc Bank 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.