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Banca March

Sustainability Report and Carbon Intensity Rankings

Is Banca March doing their part?

Their DitchCarbon score is 47

Banca March has a DitchCarbon Score of 47, indicating a moderate level of sustainability in its operations. This score reflects the company’s carbon intensity, suggesting there is significant room for improvement in reducing emissions. To enhance its sustainability efforts, Banca March should focus on lowering its carbon intensity to achieve a higher DitchCarbon Score.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Banca March operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Banca March operates in Spain, which has a low carbon intensity rating, indicating a cleaner energy mix. This favorable environmental context supports the bank’s sustainability efforts by reducing its carbon footprint.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

3.83%

...this company is doing 3.83% worse in emissions than the industry average.

Banca March, founded in 1926 in Palma de Mallorca by Don Juan March Ordinas, has grown to become a benchmark of professionalism and responsibility in the finance sector. The company is recognized for its robust solvency, often rated as the most solvent bank in Europe, and strives to exceed economic stability by promoting ethical banking practices. Offering superior banking services with a focus on personalized advice, Banca March is committed to aligning the interests of clients, professionals, and shareholders for mutual growth.

emission intelligence's platform recommendations for Banca March

Banca March should foster sustainability practices throughout their supply chain to achieve a significant reduction in their Scope 3 emissions.

Bad news, Banca March hasn't committed to SBTi goals yet

Banca March has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining clear, science-based emissions reduction targets to align with global efforts to mitigate climate change.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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