Novo Banco, S.A., Cayman Branch, is a prominent financial institution headquartered in the Cayman Islands (KY). Established in 2014, it has quickly positioned itself within the banking industry, focusing on private banking, asset management, and corporate finance. The branch serves a diverse clientele, including high-net-worth individuals and institutional investors, primarily in the Caribbean and Latin America. Novo Banco offers a range of core services, including wealth management, investment advisory, and tailored financial solutions, distinguished by its commitment to personalised service and innovative strategies. With a strong emphasis on compliance and risk management, the bank has achieved notable recognition in the offshore banking sector, solidifying its reputation as a trusted partner for financial growth and stability.
How does Novo Banco, S.A., Cayman Branch'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 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.
Novo Banco, S.A., Cayman Branch's score of 19 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Novo Banco, S.A., Cayman Branch currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Novo Banco, S.A., which is responsible for cascading emissions data and climate commitments. However, no specific reduction targets or climate pledges have been outlined for the Cayman Branch. As a subsidiary, it inherits its climate performance metrics from Novo Banco, S.A. at a cascade level of 1. This means that any climate initiatives or emissions data would be reflective of the parent company's commitments and performance. Unfortunately, the available information does not detail any specific emissions figures or reduction initiatives from Novo Banco, S.A. In the context of the financial services industry, it is essential for institutions like Novo Banco, S.A., Cayman Branch to engage in climate action and transparency. While no specific data is available, the organisation's commitment to sustainability can be inferred through its affiliation with a larger entity that may have established climate strategies.
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,797,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,961,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | 3,990,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Novo Banco, S.A., Cayman Branch is not participating in any 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.