NOVO BAN
Sustainability Report and Carbon Intensity Rankings
Is NOVO BAN doing their part?
Their DitchCarbon score is 59
Novo Ban has a DitchCarbon Score of 59 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing sustainability efforts.
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
Novo Ban operates within the finance sector, which has a very low carbon intensity ranking compared to other industries. 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
Novo Ban, located in Portugal, operates in a region with a low carbon intensity rating. This suggests that the company’s sustainability efforts are positively influenced by the country’s commitment to low carbon emissions.
Unlock 30+ emissions data points on NOVO BAN
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on NOVO BAN
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
8.17%
...this company is doing 8.17% better in emissions than the industry average.
NOVO BANCO, founded in 2014 and headquartered in Lisbon, operates within the finance sector as a prominent institution in Portugal. Renowned for its commitment to service quality and customer satisfaction, the bank offers a comprehensive range of financial services. With over 600 branches and 24 corporate centers, NOVO BANCO extends its presence to more than 20 countries, supporting both exporters and the Portuguese diaspora with innovative digital banking solutions.
emission intelligence's platform recommendations for NOVO BAN
Novo Ban should consider implementing fuel switching strategies in their transportation and operations to capitalize on a potential 15% reduction in Scope 1 emissions.
Good news, Novo Ban has embraced SBTi climate commitments
Novo Ban has pledged to align its operations and strategies with the Science Based Targets initiative to significantly reduce greenhouse gas emissions. This commitment means the company will implement environmentally sustainable practices to meet the rigorous criteria set by the SBTi for limiting global warming.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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