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 2 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Rabobank's reported carbon emissions
As of 2021, Rabobank reported total Scope 1 and 2 emissions of approximately 26,200,000,000 kg CO2e. The bank has shown a progressive reduction in carbon intensity from power generation, decreasing from about 200,000 kg CO2e per MWh in 2019 to approximately 120,000 kg CO2e per MWh in 2023. This indicates a commitment to improving energy efficiency and reducing emissions associated with electricity consumption. Despite the significant emissions reported, there are currently no specific reduction targets or initiatives disclosed by Rabobank, such as Science Based Targets Initiative (SBTi) commitments or other climate pledges. The absence of formal reduction targets suggests that while the bank is actively monitoring its emissions, it may not yet have established a comprehensive framework for future reductions. Overall, Rabobank's emissions data reflects a focus on reducing carbon intensity, but further clarity on specific reduction commitments would enhance understanding of their long-term climate strategy.
Unlock detailed emissions data
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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 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.
