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BankTrack, or the BankTrack Foundation, is a non-profit organisation based in the Netherlands, dedicated to tracking and advocating for responsible banking practices. Established in 2003, it operates within the broader "other business services" industry by focusing specifically on the financial sector's social and environmental impact.
BankTrack's core mission is to hold commercial banks accountable for their financing decisions, particularly concerning projects that harm people and the planet. Its unique approach involves in-depth research, advocacy campaigns, and engagement with stakeholders to promote sustainable and ethical finance worldwide.
Through its extensive database and expert analysis, BankTrack monitors bank investments in various sectors, including fossil fuels, arms, and human rights. This vital work has positioned BankTrack as a leading voice in the responsible finance movement, influencing policy and corporate behaviour globally.
-7 vs industry average
Banktrack’s score of 29 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Banktrack, headquartered in NL, reported approximately 287.9 billion kg CO2e (Scope 1), 45.6 billion kg CO2e (Scope 2), and 83.8 billion kg CO2e (Scope 3) in emissions for 2021. The Scope 3 emissions were broken down into several categories, with purchased goods and services accounting for approximately 102.6 billion kg CO2e, and use of sold products contributing approximately 22.2 billion kg CO2e.
In 2018, Banktrack's total emissions were approximately 26.98 million kg CO2e, comprising 1.02 million kg CO2e (Scope 1), 6.01 million kg CO2e (Scope 2), and 19.95 million kg CO2e (Scope 3).
Banktrack has set near-term reduction targets, aiming for a 45% reduction in greenhouse gas emissions across Scope 1 and Scope 2 by 2020, based on a 2012 baseline.
No climate goals have been disclosed for Banktrack yet.
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