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BCEE

Sustainability Report and Carbon Intensity Rankings

Is BCEE doing their part?

Their DitchCarbon score is 45

BCEE has a DitchCarbon Score of 45, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon they emit relative to their output. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

BCEE operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

The company BCEE is situated in Luxembourg, which has a very low carbon intensity rating. This favorable environmental context supports BCEE’s sustainability efforts by reducing the carbon footprint associated with their location.
5.83%

...this company is doing 5.83% worse in emissions than the industry average.

Banque et Caisse d’Epargne de l’Etat (BCEE), founded in 1856, is a prestigious financial institution headquartered in Luxembourg. Serving as a full-service bank, BCEE caters to private individuals, professionals, and young people with a wide array of financial products and services. Recognized for its solid financial standing and backed by the Luxembourg State, BCEE boasts high ratings from international agencies and operates with a commitment to customer satisfaction and accessibility.

Bad news, BCEE has not committed to SBTi goals yet

BCEE has not established specific commitments with the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions. Without these targets, the company’s efforts towards mitigating climate change are not aligned with the latest climate science.

There’s always room for improvement,

DitchCarbon recommends...

BCEE should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions, potentially reducing their emissions by 15%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.