Banktrack
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Banktrack's score of 26 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banktrack's reported carbon emissions
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 emissions. The Scope 3 emissions included substantial contributions from purchased goods and services (about 102,600,000,000 kg CO2e) and employee commuting (approximately 16,300,000,000 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 notable increase in emissions over the years, particularly in Scope 1 and 3 categories. Despite the lack of specific reduction targets or initiatives disclosed, Banktrack's commitment to addressing climate change is evident through its comprehensive emissions reporting across all three scopes. The organisation's focus on transparency in emissions data highlights its awareness of the climate crisis and the need for action within the financial sector.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
