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.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Reported emissions
Scope 3 accounts for ••• of total emissions.
Banco Espirito Santo's reported carbon emissions
Banco Espirito Santo, headquartered in Portugal and operating within financial intermediation services, reported a total of 19,724,000 kg CO2e in emissions for the year 2013. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were 7,838,000 kg CO2e, Scope 2 emissions totalled 13,803,000 kg CO2e, and Scope 3 emissions amounted to 9,885,000 kg CO2e.
In 2012, the total emissions were approximately 26,836,000 kg CO2e. This breakdown included Scope 1 at approximately 7,186 kg CO2e, Scope 2 at approximately 18,202 kg CO2e, and Scope 3 at approximately 9,768 kg CO2e.
Previously, for 2011, total emissions were reported as approximately 20,697,000 kg CO2e, with Scope 1 emissions at roughly 7,378 kg CO2e, Scope 2 at approximately 13,319 kg CO2e, and Scope 3 at around 9,485 kg CO2e.
In 2010, total emissions stood at approximately 19,402,000 kg CO2e, comprising Scope 1 of about 5,307 kg CO2e, Scope 2 of approximately 14,095 kg CO2e, and Scope 3 of approximately 9,455 kg CO2e.
For 2009, total emissions were around 25,488,000 kg CO2e, with Scope 1 at approximately 5,055 kg CO2e, Scope 2 at approximately 20,433 kg CO2e, and Scope 3 at approximately 12,562 kg CO2e.
In 2008, total emissions were approximately 23,940,000 kg CO2e, including Scope 1 at roughly 4,958 kg CO2e, Scope 2 at approximately 22,454 kg CO2e, and Scope 3 at approximately 10,780 kg CO2e.
Banco Espirito Santo's reporting in these years indicates a disclosure of Scope 1, 2, and 3 emissions, with some data points missing for Scope 3 categories, such as purchased goods and services. The provided data does not include information on specific reduction targets or climate commitments.
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Banco Espirito Santo’s Climate Goals (2030 & 2050)
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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Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Data year: 2013
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