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Banco Espírito Santo, often referred to as BES, is a prominent financial institution headquartered in Portugal (PT). Established in 1869, it has a rich history in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding. With a strong presence in major operational regions across Europe, BES has built a reputation for its comprehensive range of banking solutions.
The bank offers unique core products, including retail banking, corporate finance, and investment services, tailored to meet the diverse needs of its clientele. Notable for its innovative approach, Banco Espírito Santo has achieved significant milestones, positioning itself as a key player in the financial landscape. Its commitment to customer service and financial expertise continues to drive its success in the competitive market.
-8 vs industry average
Banco Espirito Santo’s score of 29 is lower than 42% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
Banco Espirito Santo (PT), operating in financial intermediation services, except insurance and pension funding services, reported total emissions of approximately 35.07 billion kg CO2e in 2013. This figure comprises Scope 1 emissions of about 7.84 million kg CO2e, Scope 2 emissions of approximately 13.80 million kg CO2e, and Scope 3 emissions of around 9.89 million kg CO2e. Emissions data from prior years, including 2012 (approximately 25.39 billion kg CO2e total), 2011 (approximately 20.70 billion kg CO2e total), 2010 (approximately 19.40 billion kg CO2e total), 2009 (approximately 25.49 billion kg CO2e total), 2008 (approximately 23.94 billion kg CO2e total), are also available. The company's environmental reports for 2012 and 2013 indicate disclosures for Scope 1, 2, and 3 emissions, though specific data points such as purchased goods and services within Scope 3 were noted as missing. At present, no specific reduction targets or climate commitments, such as SBTi (Science Based Targets initiative) aligned goals or participation in the Climate Pledge, have been publicly disclosed by Banco Espirito Santo.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Common questions about Banco Espirito Santo’s sustainability data and climate commitments
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