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 lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Banktrack reported total carbon emissions of 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 emissions. The breakdown of Scope 3 emissions includes significant contributions from purchased goods and services (about 102,600,000,000 kg CO2e), employee commute (approximately 16,300,000,000 kg CO2e), and the use of sold products (around 22,200,000,000 kg CO2e). Comparatively, in 2018, Banktrack's total emissions were about 26,983,000 kg CO2e, with Scope 1 emissions at 1,017,000 kg CO2e, Scope 2 at 6,014,000 kg CO2e, and Scope 3 at 19,952,000 kg CO2e. This indicates a substantial increase in emissions over the years, particularly in Scope 1 and Scope 3 categories. Despite the significant emissions reported, Banktrack has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The organisation's climate commitments remain vague, with no specific pledges outlined. All emissions data is self-reported and not cascaded from any parent organisation. Banktrack's headquarters is located in the Netherlands (NL).
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2021 | |
---|---|---|---|---|
Scope 1 | 881,000 | 000,000 | 0,000,000 | 000,000,000,000 |
Scope 2 | 16,583,000 | 0,000,000 | 0,000,000 | 00,000,000,000 |
Scope 3 | 19,893,000 | 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.