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 GHG Emissions Data Preview

In 2024, Banco de Sabadell completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Banco de Sabadell has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Banco de Sabadell’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Banco de Sabadell’s data sources below and access millions more through our Disclosure Search.

a. Banco de Sabadell's Non-financial report 2024
a. Banco de Sabadell's Non-financial report 2024
b. Banco de Sabadell's Annual Report 2023
b. Banco de Sabadell's Annual Report 2023

Insights into Banco de Sabadell's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Banco de Sabadell amounted to 16,572 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Banco de Sabadell decreased by 17.42%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Banco de Sabadell's Scope 1 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e+5%+5%-21%-17%-24%
  • Total Scope 1
  • Year-over-Year Change

What are Banco de Sabadell's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Banco de Sabadell were 2,460 metric tons of CO₂ equivalent (tCO₂e). a

Has Banco de Sabadell reduced its Scope 1 emissions over time?

Since 2019, Banco de Sabadell's Scope 1 emissions have decreased by 45.61%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Banco de Sabadell's Scope 1 emissions decreased by 24.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Banco de Sabadell's Scope 2 emissions?

In 2024, Banco de Sabadell reported Scope 2 greenhouse gas (GHG) emissions of 25 tCO₂e using the market-based method and 14,112 tCO₂e using the location-based method. a

Has Banco de Sabadell reduced its Scope 2 emissions over time?

Since 2019, Banco de Sabadell's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 22.31%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Banco de Sabadell's Scope 2 emissions (Location-Based) fell by 16.12% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Banco de Sabadell use for Scope 2 reporting?

In 2024, Banco de Sabadell reported its Scope 2 emissions using the market-based method and using the location-based method. a

Banco de Sabadell's Scope 2 Emissions Over Time

20192020202120222023202405 k10 k15 k20 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Banco de Sabadell's Value Chain Emissions

In 2024, Banco de Sabadell reported 10,597 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Banco de Sabadell includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Banco de Sabadell's Scope 3 Emissions Over Time

20192020202120222023202403 k6 k9 k12 ktCO2e-71%-31%+62%+212%-8%
  • Total Scope 3
  • Year-over-Year Change

What are Banco de Sabadell's Scope 3 emissions?

In 2024, Banco de Sabadell reported total Scope 3 emissions of 10,597 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Banco de Sabadell reduced its Scope 3 emissions over time?

Since 2019, Banco de Sabadell's Scope 3 emissions have remained relatively stable, indicating that Banco de Sabadell 's emissions have plateaued with no significant change in its value chain footprint. a

Compared to the previous year (2023), Banco de Sabadell's Scope 3 emissions remained relatively stable, indicating that Banco de Sabadell 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Banco de Sabadell disclose?

In 2024, Banco de Sabadell reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Banco de Sabadell's Scope 3 emissions?

In 2024, the largest contributors to Banco de Sabadell's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 5,067 tCO₂e (47.82%)
  • Business Travel (Cat. 6): 4,058 tCO₂e (38.29%)
  • Purchased Goods and Services (Cat. 1): 1,352 tCO₂e (12.76%)

Banco de Sabadell's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(47.8%)Purchased Goods andServices (Cat. 1)(12.8%)Business Travel(Cat. 6)(38.3%)

Insights into Banco de Sabadell’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Banco de Sabadell reported Scope 1 greenhouse gas (GHG) emissions of 2,460 tCO₂e and total revenues of USD 6,809 millions. This translates into an emissions intensity of 0.36 tCO₂e per millions USD. a

Banco de Sabadell's Scope 1 Emissions Intensity Compared to Peers

505005,00050,000200,000Scope 1 Emissions (tCO2e)1001,0005,00050,000500,000Revenues (Millions of USD)BBankinterYear: 2023Scope 1: 1,672 tCO2eRevenue: $M 3,197Scope 1 Intensity: 0.52 tCO2e/$MSvenska HandelsbankenYear: 2023Scope 1: 154 tCO2eRevenue: $M 6,160Scope 1 Intensity: 0.03 tCO2e/$MQatar National BankYear: 2023Scope 1: 11,100 tCO2eRevenue: $M 10,306Scope 1 Intensity: 1.08 tCO2e/$MToronto-Dominion BankYear: 2024Scope 1: 39,292 tCO2eRevenue: $M 40,407Scope 1 Intensity: 0.97 tCO2e/$MProCredit HoldingYear: 2023Scope 1: 1,000 tCO2eRevenue: $M 479Scope 1 Intensity: 2.09 tCO2e/$MSMBC GroupYear: 2025Scope 1: 13,570 tCO2eRevenue: $M 33,781Scope 1 Intensity: 0.40 tCO2e/$MCommonwealth BankYear: 2025Scope 1: 5,592 tCO2eRevenue: $M 18,866Scope 1 Intensity: 0.30 tCO2e/$MCitigroupYear: 2023Scope 1: 46,582 tCO2eRevenue: $M 78,487Scope 1 Intensity: 0.59 tCO2e/$MBBBank of AmericaYear: 2023Scope 1: 68,050 tCO2eRevenue: $M 98,580Scope 1 Intensity: 0.69 tCO2e/$MICBCYear: 2024Scope 1: 99,600 tCO2eRevenue: $M 111,986Scope 1 Intensity: 0.89 tCO2e/$MUBS GroupYear: 2024Scope 1: 18,168 tCO2eRevenue: $M 36,563Scope 1 Intensity: 0.50 tCO2e/$MING GroepYear: 2023Scope 1: 6,200 tCO2eRevenue: $M 24,990Scope 1 Intensity: 0.25 tCO2e/$MBanco SantanderYear: 2024Scope 1: 35,503 tCO2eRevenue: $M 66,435Scope 1 Intensity: 0.53 tCO2e/$MChina Construction BankYear: 2024Scope 1: 63,760 tCO2eRevenue: $M 102,707Scope 1 Intensity: 0.62 tCO2e/$MBank of CommunicationsYear: 2024Scope 1: 19,935 tCO2eRevenue: $M 35,409Scope 1 Intensity: 0.56 tCO2e/$MBank of Nova ScotiaYear: 2024Scope 1: 25,475 tCO2eRevenue: $M 24,145Scope 1 Intensity: 1.06 tCO2e/$MABN Amro BankYear: 2024Scope 1: 1,459 tCO2eRevenue: $M 9,258Scope 1 Intensity: 0.16 tCO2e/$MAlpha BankYear: 2020Scope 1: 1,793 tCO2eRevenue: $M 3,143Scope 1 Intensity: 0.57 tCO2e/$MBBVAYear: 2024Scope 1: 41,856 tCO2eRevenue: $M 40,827Scope 1 Intensity: 1.03 tCO2e/$MBarclaysYear: 2024Scope 1: 8,949 tCO2eRevenue: $M 32,913Scope 1 Intensity: 0.27 tCO2e/$MRoyal Bank of CanadaYear: 2024Scope 1: 23,090 tCO2eRevenue: $M 41,299Scope 1 Intensity: 0.56 tCO2e/$MNational Bank of CanadaYear: 2024Scope 1: 2,640 tCO2eRevenue: $M 8,194Scope 1 Intensity: 0.32 tCO2e/$MDoha BankYear: 2023Scope 1: 245 tCO2eRevenue: $M 774Scope 1 Intensity: 0.32 tCO2e/$MBanco de SabadellYear: 2024Scope 1: 2,460 tCO2eRevenue: $M 6,809Scope 1 Intensity: 0.36 tCO2e/$M

How does Banco de Sabadell's GHG emissions intensity compare to its peers?

In 2024, Banco de Sabadell reported a Scope 1 emissions intensity of 0.36 tCO₂e per millions USD. Compared to the peer group median of 0.56 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Banco de Sabadell rank on GHG emissions intensity within its industry?

In 2024, Banco de Sabadell ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Banco de Sabadell is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Banco de Sabadell's Total Carbon Footprint

In 2024, Banco de Sabadell reported a total carbon footprint of 27,169 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.04% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Banco de Sabadell's total carbon footprint was Scope 2 emissions, accounting for 51.94% of the company's total carbon footprint, followed by Scope 3 emissions at 39%. a

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