Banktrack, headquartered in the Netherlands, is a prominent organisation dedicated to promoting transparency and accountability in the banking sector. Founded in 2003, it has established itself as a key player in the financial industry, focusing on sustainable banking practices and responsible investment. With a mission to track the activities of banks worldwide, Banktrack provides critical insights into their financing of projects that impact the environment and society. Its core services include research, advocacy, and the development of tools that empower stakeholders to hold banks accountable. Recognised for its commitment to sustainability, Banktrack has achieved notable milestones, including the creation of a comprehensive database of bank financing activities. This positions the organisation as a leader in the movement towards ethical banking, influencing both policy and public perception in major operational regions globally.
How does Banktrack'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 Business Services 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.
Banktrack's score of 26 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Banktrack reported significant carbon emissions totalling approximately 287,900,000,000 kg CO2e from Scope 1, 45,600,000,000 kg CO2e from Scope 2, and 83,800,000,000 kg CO2e from Scope 3. The Scope 3 emissions included various categories such as purchased goods and services (about 102,600,000,000 kg CO2e), employee commute (approximately 16,300,000,000 kg CO2e), and waste generated in operations (around 30,900,000,000 kg CO2e). Comparatively, emissions data from previous years shows a total of approximately 26,983,000 kg CO2e in 2018, with Scope 1 at about 1,017,000 kg CO2e, Scope 2 at approximately 6,014,000 kg CO2e, and Scope 3 at around 19,952,000 kg CO2e. This indicates a substantial increase in emissions over the years, particularly in Scope 3 categories. Despite the extensive emissions data, Banktrack has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The organisation's climate commitments remain vague, with no clear pledges or initiatives outlined. Overall, Banktrack's emissions profile reflects a significant carbon footprint, particularly in Scope 3 emissions, highlighting the need for targeted climate action and commitments to reduce their environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2004 | 2016 | 2017 | 2018 | 2021 | |
---|---|---|---|---|---|
Scope 1 | 585,000,000 | 000,000 | 000,000 | 0,000,000 | 000,000,000,000 |
Scope 2 | 366,293,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000,000 |
Scope 3 | 136,400,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
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.
Banktrack is not participating in any of the initiatives that 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.