Nibc Bank

NIBC Bank, a financial intermediation services company based in the Netherlands, reported its latest carbon emissions for 2023. The bank's total emissions for 2023 were approximately 3,003,000 kg CO2e. This included 109,000 kg CO2e from Scope 1, 876,000 kg CO2e from Scope 2 (primarily purchased electricity), and Scope 3 emissions totalling 2,820,000 kg CO2e. Key contributors to Scope 3 emissions were waste generated in operations (2,533,000 kg CO2e), employee commuting (167,000 kg CO2e), and business travel (129,000 kg CO2e).

In 2022, NIBC Bank's total emissions were approximately 3,332,000 kg CO2e, with Scope 1 emissions at 322,000 kg CO2e, Scope 2 at 844,000 kg CO2e (purchased electricity), and Scope 3 at 2,270,000 kg CO2e.

The bank's emissions data is inherited from its parent company, NIBC Bank N.V., reflecting a cascaded reporting structure for performance. While NIBC Bank has disclosed its Scope 1, 2, and 3 emissions, specific reduction targets from initiatives like SBTi or CDP are not available at this cascade level.