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 2023, 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 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Annual Report 2023
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b. Banco de Sabadell's Non-financial report 2022
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Insights into Banco de Sabadell's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Banco de Sabadell amounted to 20,041 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 2022, the total operational greenhouse gas (GHG) emissions of Banco de Sabadell increased by 7.74%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Banco de Sabadell's Scope 1 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e-10%+5%-21%-17%
  • Total Scope 1
  • Year-over-Year Change

What are Banco de Sabadell's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Banco de Sabadell were 3,243 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 38.38%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Banco de Sabadell's Scope 1 emissions decreased by 17.1%, 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 2023, Banco de Sabadell reported Scope 2 greenhouse gas (GHG) emissions of 16,798 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 19.87%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Banco de Sabadell's Scope 2 emissions (Location-Based) rose by 14.36% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

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

In 2023, Banco de Sabadell reported its Scope 2 emissions using the location-based method. a

Banco de Sabadell's Scope 2 Emissions Over Time

2019202020212022202305.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Banco de Sabadell's Value Chain Emissions

In 2023, Banco de Sabadell reported 7,165 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 2023 disclosure of Banco de Sabadell includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Banco de Sabadell's Scope 3 Emissions Over Time

2019202020212022202302.5 k5 k7.5 k10 ktCO2e-61%-31%+62%+94%
  • Total Scope 3
  • Year-over-Year Change

What are Banco de Sabadell's Scope 3 emissions?

In 2023, Banco de Sabadell reported total Scope 3 emissions of 7,165 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 decreased by 15.09%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Banco de Sabadell's Scope 3 emissions increased by 93.54%, suggesting that the company faced challenges in reducing emissions across its value chain. a

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

In 2023, Banco de Sabadell reported emissions for 1 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 2023, the largest contributors to Banco de Sabadell's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 2,163 tCO₂e (100%)

Banco de Sabadell's Scope 3 Emissions by Categories

Employee Commuting(Cat. 7)(100.0%)

Insights into Banco de Sabadell's Total Carbon Footprint

In 2023, Banco de Sabadell reported a total carbon footprint of 27,206 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.98% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Banco de Sabadell's total carbon footprint was Scope 2 emissions, accounting for 61.74% of the company's total carbon footprint, followed by Scope 3 emissions at 26.34%. a

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