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 marked by significant milestones in the banking sector. The bank primarily operates in Portugal and has a notable presence in various international markets. As a key player in the banking industry, Banco Espírito Santo offers a diverse range of services, including retail banking, corporate finance, and investment solutions. Its unique approach to customer service and innovative financial products distinguishes it from competitors. With a strong market position, Banco Espírito Santo has achieved recognition for its commitment to sustainability and community engagement, making it a trusted choice for individuals and businesses alike.
How does Banco Espirito Santo'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 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.
Banco Espirito Santo's score of 25 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data from 2017, Banco Espírito Santo reported total carbon emissions of approximately 31,200,000 kg CO2e. This figure includes 7,838,000 kg CO2e from Scope 1 emissions, 13,803,000 kg CO2e from Scope 2 emissions, and 9,885,000 kg CO2e from Scope 3 emissions. Despite the significant emissions reported, there are currently no specific reduction targets or climate pledges documented for Banco Espírito Santo. The absence of defined reduction initiatives suggests a need for enhanced climate commitments within the banking sector, particularly as global financial institutions increasingly focus on sustainability and carbon neutrality. Overall, while Banco Espírito Santo's emissions data highlights the scale of its carbon footprint, the lack of clear reduction strategies indicates an opportunity for the bank to align with industry standards and enhance its climate action efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 4,958,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 22,454,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 10,780,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Banco Espirito Santo 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.