Rabobank
Rabobank, officially known as Coöperatieve Rabobank U.A., is a prominent Dutch financial institution headquartered in the Netherlands. Established in 1898, Rabobank has evolved into a leading player in the global banking sector, with a strong presence in Europe, North America, and Australia. Specialising in retail and wholesale banking, Rabobank is particularly renowned for its expertise in agribusiness and food production financing. Its unique cooperative model fosters a strong connection with local communities, enabling tailored financial solutions that meet specific regional needs. With a commitment to sustainability and innovation, Rabobank has achieved notable recognition in the banking industry, consistently ranking among the top banks for customer satisfaction. Its diverse range of services, including personal banking, corporate finance, and investment solutions, positions Rabobank as a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Rabobank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Rabobank's score of 44 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rabobank's reported carbon emissions
In 2024, Rabobank reported total carbon emissions of approximately 2,398,540 kg CO2e. This figure includes 1,674,160 kg CO2e from Scope 1 emissions, 1,622,110 kg CO2e from Scope 2 emissions, and 2,040,060 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions totalled about 6,900,000 kg CO2e. In 2023, Rabobank's emissions were similar, with a total of approximately 2,398,540 kg CO2e, comprising 1,622,110 kg CO2e from Scope 1, 1,990,070 kg CO2e from Scope 2, and 1,990,070 kg CO2e from Scope 3. The Scope 1 and 2 emissions combined reached about 7,300,000 kg CO2e. For the year 2022, Rabobank disclosed Scope 3 emissions of approximately 51,500,000 kg CO2e, while Scope 1 and 2 emissions were reported at about 58,000,000 kg CO2e. Despite these figures, Rabobank has not set specific reduction targets or initiatives as part of their climate commitments. The bank's emissions data reflects its ongoing efforts to monitor and report on its carbon footprint, but no formal reduction targets have been established under the Science Based Targets initiative (SBTi) or other frameworks. Overall, Rabobank's emissions profile highlights the significant impact of Scope 3 emissions, which often represent the largest share of a company's carbon footprint, particularly in the financial sector.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 11,200 | - | - | 0,000,000 | 0,000,000 |
| Scope 2 | 3,100 | - | - | 0,000,000 | 0,000,000 |
| Scope 3 | 18,600 | - | 00,000,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Rabobank is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
