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Banco Espírito Santo S.A
Sustainability Report and Carbon Intensity Rankings
Is Banco Espírito Santo S.A doing their part?
Their DitchCarbon score is 58
Banco Espírito Santo S.A has a DitchCarbon Score of 58, indicating a moderate level of sustainability in its operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon emissions are produced relative to its activities. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing its environmental impact.
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
Banco Espírito Santo S.A operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. 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
Banco Espírito Santo S.A, located in Portugal, benefits from the country’s low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint.
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– Historical Scope 1, 2 and 3 emissions
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Unlock 30+ emissions data points on Banco Espírito Santo S.A
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
7.17%
...this company is doing 7.17% better in emissions than the industry average.
Banco Espírito Santo S.A., commonly known as BES, was a prominent financial institution in the finance sector, founded in 1869 and based in Lisbon, Portugal. As one of the oldest Portuguese banking institutions, BES played a significant role in the country’s banking and financial system, gaining both national and international recognition. The bank underwent a resolution measure by the Bank of Portugal in 2014, leading to the creation of Novo Banco, S.A., and eventually entered into a liquidation process in 2016.
emission intelligence's platform recommendations for Banco Espírito Santo S.A
Banco Espírito Santo S.A could reduce its emissions by exploring on-site renewable energy generation options, which may lead to a potential 0.3% decrease in their total emissions.
Good news, Banco Espírito Santo has embraced SBTi commitments
Banco Espírito Santo S.A has pledged to set science-based targets through the Science Based Targets initiative to reduce greenhouse gas emissions in line with climate science. This commitment signifies the bank’s dedication to sustainable practices and aligning its operations with the goals of the Paris Agreement 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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