Banco Sabadell
Carbon footprint
Primary Climate Goal
Banco Sabadell aims to reduce Scope 1 + 2 by 14.2% by 2025 from a base year 2019
Secondary Climate Goal
Banco Sabadell aims to reduce all Scopes by 36.1% by 2025 from a base year 2019
GHG emissions and Carbon intensity
Banco Sabadell reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 December 2021 at 5 Kt (-0.51 /-9.2% y-o-y). Also positively, carbon intensity decreased to 1 t (-0.3 /-23.1% y-o-y).
Banco Sabadell's Scope 3 emissions plunged to 2.3 Kt (
The company is committed to reducing Scope 1 + 2 by 14.2% by 2025 from a base year 2019, which translates into the estimated reduction of -0.58 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Also, the company commits to reducing all Scopes by 36.1% by 2025 from a base year 2019, which translates into the estimated reduction of -0.63 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.