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 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.
In 2023, Rabobank reported total carbon emissions of approximately 73,000,000 kg CO2e, comprising about 7,300,000 kg CO2e from Scope 1 and 2 emissions and approximately 46,900,000 kg CO2e from Scope 3 emissions. This marked a slight increase in Scope 1 and 2 emissions compared to 2022, where they were about 58,000,000 kg CO2e, while Scope 3 emissions decreased from approximately 48,800,000 kg CO2e. In 2024, Rabobank's Scope 1 and 2 emissions are projected to be around 69,000,000 kg CO2e. However, there are no disclosed targets for reductions in emissions or specific climate pledges, indicating a lack of formalised commitments to decrease their carbon footprint. Rabobank's emissions data highlights the importance of addressing both direct and indirect emissions, particularly in the context of their overall climate strategy. The bank's focus on transparency in reporting emissions is crucial for stakeholders interested in their environmental impact and sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
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 | - |
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.