Rabobank Sustainability Profile
Rabobank, officially known as Coöperatieve Rabobank U.A., is a prominent Dutch financial institution headquartered in the Netherlands. Established in 1898, Rabobank has evolved into a leading player in the global banking sector, with a strong presence in Europe, North America, and Australia. Specialising in retail and wholesale banking, Rabobank is particularly renowned for its expertise in agribusiness and food production financing. Its unique cooperative model fosters a strong connection with local communities, enabling tailored financial solutions that meet specific regional needs. With a commitment to sustainability and innovation, Rabobank has achieved notable recognition in the banking industry, consistently ranking among the top banks for customer satisfaction. Its diverse range of services, including personal banking, corporate finance, and investment solutions, positions Rabobank as a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Rabobank'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
Rabobank's score of 37 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rabobank's reported carbon emissions
In 2024, Rabobank reported total carbon emissions of approximately 69,000,000 kg CO2e, encompassing Scope 1 and 2 emissions. For the previous year, 2023, the bank disclosed significant Scope 3 emissions, particularly from investments, amounting to about 18,300,000,000 kg CO2e in the Netherlands, 2,100,000,000 kg CO2e in Australia, 1,700,000,000 kg CO2e in New Zealand, and 2,300,000,000 kg CO2e in Brazil. Globally, Rabobank's total Scope 3 emissions reached approximately 46,900,000,000 kg CO2e, alongside Scope 1 and 2 emissions of about 73,000,000 kg CO2e. Despite these figures, Rabobank has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely from Rabobank itself. Rabobank's climate commitments remain vague, with no specific pledges or initiatives outlined in the available data. The bank continues to monitor its emissions and engage in sustainability practices, but further details on reduction strategies or future targets are not provided.
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| 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 35,204,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 2 | 84,879,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 3 | 24,263,000 | 00,000,000 | 0,000,000 | 00,000,000,000 | 00,000,000,000 | - |
How Carbon Intensive is Rabobank's Industry?
How Carbon Intensive is Rabobank's Location?
Rabobank's Climate Goals (2030 & 2050)
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.
Rabobank 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.
