Nibc Bank

NIBC Bank: Carbon Emissions and Climate Commitments

NIBC Bank, a financial intermediation services provider headquartered in the Netherlands, has been reporting on its greenhouse gas emissions for several years. While specific reduction targets are not detailed in the provided data, the bank discloses its operational emissions across various scopes.

2023 Emissions: In 2023, NIBC Bank reported a total of approximately 1.4 million kg CO2e (kilograms of carbon dioxide equivalent). This figure comprises:

• Scope 1 emissions: Approximately 109,000 kg CO2e
• Scope 2 emissions: Approximately 876,000 kg CO2e (primarily from purchased electricity)
• Scope 3 emissions: Approximately 396,000 kg CO2e, including business travel, employee commutes, purchased goods and services, and waste generated in operations.

2022 Emissions: For 2022, NIBC Bank's total emissions were approximately 1.3 million kg CO2e.

• Scope 1 emissions: Approximately 322,000 kg CO2e
• Scope 2 emissions: Approximately 844,000 kg CO2e (from purchased electricity)
• Scope 3 emissions: Approximately 159,000 kg CO2e, covering business travel, employee commutes, purchased goods and services, and waste.

2021 Emissions: In 2021, NIBC Bank reported total emissions of approximately 2.5 million kg CO2e.

• Scope 1 emissions: Approximately 176,000 kg CO2e
• Scope 2 emissions: Approximately 0 kg CO2e (note: the data indicates no disclosed Scope 2 data for this year, though a Scope 1 and 2 factor is provided).
• Scope 3 emissions: Approximately 2.36 million kg CO2e. Notably, data for purchased goods and services within Scope 3 was missing for this year.

Earlier Reporting: From 2017 to 2019, NIBC Bank primarily reported Scope 1 emissions, with figures ranging from approximately 170,000 kg CO2e to 416,000 kg CO2e. Data for Scope 2 and Scope 3 emissions was not consistently disclosed during these periods. Data for 2015, 2016, and 2020 is not available.

Climate Commitments and Data Cascading: NIBC Bank's sustainability reporting is aligned with its parent organisation, NIBC Bank N.V. As a current subsidiary, its performance data is cascaded from this ultimate parent. The bank's disclosures indicate a commitment to understanding and reporting its environmental impact, providing insights into its operational carbon footprint. Further details on specific reduction initiatives and targets would typically be found in their annual sustainability reports.