Banco Espirito Santo

Banco Espírito Santo, a Portuguese financial intermediation services provider, reported its most recent carbon emissions data for 2013. Its Scope 1 emissions were approximately 7,838,000 kg CO2e, while Scope 2 emissions, primarily from purchased electricity, totalled about 13,803,000 kg CO2e. Scope 3 emissions amounted to approximately 9,885,000 kg CO2e, including 2,089,000 kg CO2e from business travel and 7,796,000 kg CO2e from employee commute.

In 2012, the bank's Scope 1 emissions were 7,186 kg CO2e, Scope 2 emissions were 18,202 kg CO2e, and Scope 3 emissions were 9,768 kg CO2e. In 2011, reported Scope 1 emissions were 7,378 kg CO2e, Scope 2 emissions were 13,319 kg CO2e, and Scope 3 emissions were 9,485 kg CO2e. For 2010, Scope 1 emissions were 5,307 kg CO2e, Scope 2 emissions were 14,095 kg CO2e, and Scope 3 emissions were 9,455 kg CO2e. In 2009, Scope 1 emissions stood at 5,055 kg CO2e, Scope 2 at 20,433 kg CO2e, and Scope 3 at 12,562 kg CO2e. The earliest data provided, for 2008, shows Scope 1 emissions of 4,958 kg CO2e, Scope 2 of 22,454 kg CO2e, and Scope 3 of 10,780 kg CO2e.

Banco Espírito Santo has not disclosed any specific reduction targets, SBTi reduction targets, or participation in the Climate Pledge initiative. All reported emissions data are directly from Banco Espírito Santo and are not cascaded from a parent or related organisation.