Rabobank
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 33 is higher than 83% 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 2023, Rabobank reported total carbon emissions of approximately 73,000,000 kg CO2e, comprising about 70,000,000 kg CO2e from Scope 1 and 2 emissions and around 46,900,000,000 kg CO2e from Scope 3 emissions. This marks a slight increase in Scope 1 and 2 emissions compared to 2022, where they totalled about 58,000,000 kg CO2e. The Scope 3 emissions also saw a decrease from approximately 48,800,000,000 kg CO2e in 2022. Rabobank has not disclosed specific reduction targets or initiatives as part of its climate commitments. However, the bank is actively engaged in monitoring and reporting its emissions across all relevant scopes, indicating a commitment to transparency in its climate impact. The absence of defined reduction targets suggests that while Rabobank is aware of its emissions profile, it may still be in the process of establishing concrete goals for future reductions. Overall, Rabobank's emissions data reflects its ongoing efforts to understand and manage its carbon footprint, particularly in the context of its significant Scope 3 emissions, which represent the majority of its total emissions.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 11,200 | - | - | - | - |
| Scope 2 | 3,100 | - | - | - | - |
| Scope 3 | 18,600 | - | 00,000,000,000 | 00,000,000,000 | - |
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.
Rabobank 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.
