CaixaBank SA

Diversified Banks

CABK.MC

€ 4.2 (0.05)%

Share price

$ 33 bn

Market Cap

$ 91 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0x the weighted average for S&P 500

FY2022

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2023

CaixaBank SA aims to reduce Scope 1 + 2 by 70% by 2025 from a base year 2009

This target is most likely outdated and the company appears to have already achieved it

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

CaixaBank SA reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 9.6 Kt (-0.83 /-8% y-o-y). Also positively, carbon intensity decreased to 0.7 t (-0.1 /-12.5% y-o-y).

CaixaBank SA's Scope 3 emissions decreased to 15 Kt (-2.6 /-14.5% y-o-y). The decline accelerated compared to the CAGR of -8.5% since 4Q'15.

The company is committed to reducing Scope 1 + 2 by 70% by 2025 from a base year 2009, which it appears to have already achieved as of 2022. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4	9.6	9.6	0	15	13,168	0.7
2021Q4	10	9.3	1.2	18	13,259	0.8
2020Q4	3.7	3.5	0.27	12	12,123	0.3
2019Q4	5.9	5.5	0.41	16	10,149	0.6
2018Q4	9	8.6	0.4	18	10,514	0.9
2017Q4	14	14	0.38	20	10,352	1.4
2016Q4	15	14	0.62	23	9,267	1.6
2015Q4	25	23	2.3	31
2009Q4	109	21	88