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.
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.
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.
Rabobank's score of 36 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Rabobank reported total emissions of approximately 12,200 kg CO2e from Scope 1 and 2, with Scope 1 emissions at about 1,900 kg CO2e and Scope 2 emissions at approximately 64 kg CO2e. The bank's Scope 3 emissions were significantly higher, reaching about 48,800 kg CO2e, primarily from purchased goods and services, which accounted for approximately 7,700 kg CO2e. In 2021, Rabobank's total Scope 1 and 2 emissions were about 26,200 kg CO2e, indicating a reduction in emissions in 2022. The bank has not disclosed specific reduction targets or initiatives as part of its climate commitments, nor has it reported any emissions data for 2023. However, it continues to focus on improving its carbon intensity in power generation, with reported values of 140,000 kg CO2e per MWh in 2022 and 120,000 kg CO2e per MWh in 2023. Rabobank's commitment to addressing climate change is evident through its ongoing efforts to monitor and report emissions, although specific reduction targets have not been established. The bank's emissions data reflects its engagement in sustainability practices, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | |
---|---|---|---|
Scope 1 | 11,200 | - | 0,000 |
Scope 2 | 3,100 | - | 00 |
Scope 3 | 18,600 | - | 00,000 |
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.
Rabobank is not committed to any reduction initiatives 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.