Rabobank

Rabobank, a Commercial Banking institution headquartered in the Netherlands, reported its total emissions for 2025 as approximately 73.7 million kg CO2e. This included Scope 1 emissions of about 12.2 million kg CO2e from mobile combustion, Scope 2 emissions of approximately 4.6 million kg CO2e from purchased electricity, and Scope 3 emissions of around 17.6 million kg CO2e from business travel.

In 2024, the bank's total emissions were approximately 69.1 million kg CO2e, with Scope 1 mobile combustion contributing about 11.6 million kg CO2e, Scope 2 purchased electricity at roughly 6 million kg CO2e, and Scope 3 business travel at approximately 28.1 million kg CO2e.

Looking back to 2022, Rabobank's total reported emissions were about 58.1 million kg CO2e. This comprised Scope 1 emissions of around 19.7 million kg CO2e (including 12.3 million kg CO2e from mobile combustion and 4.4 million kg CO2e from stationary combustion), and Scope 2 emissions of roughly 26.6 million kg CO2e (including 501,000 kg CO2e from purchased heat and 26.1 million kg CO2e from purchased electricity). Scope 3 emissions in 2022 included approximately 10.5 million kg CO2e from business travel and 1.2 million kg CO2e from purchased goods and services.

Rabobank is committed to addressing its climate impact, particularly focusing on Scope 3 financed emissions, which represent the vast majority of its emissions. The bank has set a long-term Scope 3 upstream absolute reduction target of 3% by 2050, from a 2023 baseline. To achieve this, Rabobank employs a four-step approach: understanding financed emissions using the Partnership for Carbon Accounting Financials (PCAF) standard, identifying science-based sectoral decarbonisation pathways, developing sector-specific implementation plans, and assessing the effectiveness of its actions. Rabobank's emissions performance data is directly reported by Coöperatieve Rabobank U.A.