Banco de Sabadell SA

Common Name
Banco de Sabadell
Country
Spain
Sector
Financial Services
Industry
Banks - Diversified
Employees
18,581
Ticker
SAB
Exchange
BOLSA DE MADRID
Description
Banco de Sabadell S.A. is a prominent financial corporation based in Spain, primarily engaged in banking and financial services. As one of the country's major banks, it provides a comprehensive suite ...

Banco de Sabadell's Climate Target Data Preview

As of 2024, Banco de Sabadell has disclosed 18 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 9 absolute reduction targets and 9 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Banco de Sabadell ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Fugitive
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target*
Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target*
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Processing of Sold Products (Cat. 10), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Franchises (Cat. 14)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target*
Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Aluminium Produced/Manufactured
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement Produced/Manufactured
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Revenue Passenger Kilometer (RPK)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Banco de Sabadell’s Climate Targets Data

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a. Banco de Sabadell's Non-financial report 2024
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Insights into Banco de Sabadell's Greenhouse Gas Emissions Pathways

As of 2024, Banco de Sabadell has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Banco de Sabadell have a target to reduce the emissions from its operations?

As of 2024, Banco de Sabadell has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Banco de Sabadell's most ambitious operational target is to reduce these emissions by 65% by 2030, compared to a baseline of 1,410 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023. a

As of 2024, Banco de Sabadell is ahead of schedule on its operational emissions reduction target, having achieved 33.83% of the planned reduction. a

Banco de Sabadell's Operational (Scope 1+2) Emissions Pathway

202320242025203004008001.2 k1.6 kBaselineCurrent (-22%)Target 2030 (-65%)

Does Banco de Sabadell have a target to reduce the emissions from its value chain?

As of 2024, Banco de Sabadell has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Banco de Sabadell's most ambitious value chain target is to reduce these emissions by 48.3% by 2025, compared to a baseline of 5,607 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2023, Banco de Sabadell is lagging behind on its value chain emissions reduction target, having achieved 16.87% of the planned reduction. a

Banco de Sabadell's Value Chain (Scope 3) Emissions Pathway

20192023202501.5 k3 k4.5 k6 kCurrent (-8%)Target 2025 (-48%)
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