- Supply chain disruptions due to the semiconductor crisis and raw material scarcity.
- Delays in obtaining licenses for renewable energy projects.
- Limited ESG information reported by companies.
- Economic impact of higher interest rates on vulnerable customers.
Banco de Sabadell, S.A.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Banco de Sabadell, S.A. disclosed greenhouse gas emissions of 8.1K tonnes (market-based data) in 2022 (Spain UK Mexico and USA). By scope: Scope 1: 4.0K tonnes (2022) (Spain UK); Scope 2: 526 tonnes (market-based) (2022) (Spain, UK); Scope 3: 3.5K tonnes (2022) (Spain UK). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
8.1K tonnes (market-based data) in 2022 (Spain UK Mexico and USA)
2022
Renewable Energy
99.96% (Spain, 2022)
of total energy
Water Usage
265.9K m3 (2022) (Spain)
2022
Waste
1.6K tonnes (2022) (Spain)
2022
Energy Use
76.0K MWh (2022) (Spain UK)
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 4.0K tonnes (2022) (Spain UK) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 526 tonnes (market-based) (2022) (Spain, UK) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 3.5K tonnes (2022) (Spain UK) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced overall Scope 1 emissions by 24% compared to 2019 (Spain and UK).
- Reduced CO2 emissions in Spain by 25.9% for Scopes 1 and 2 and 62.5% for Scope 3 compared to 2019.
- Offset all Scope 1, 2, and 3 emissions in Spain, Mexico, and the USA by purchasing credits in a carbon capture project.
- 99.96% of energy consumed in Spain came from 100% renewable sources.
- TSB continues to acquire 100% renewable energy.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 1% annually by 2025.
- Reduce paper consumption by 2% annually by 2025.
- Reduce emissions by 14.2% for Scopes 1 and 2 and 48.3% for Scope 3 by 2025 (Spain).
📅 Medium-term
- Mobilize €65,000M in sustainable finance by 2025.
- Achieve net-zero emissions by 2050.
🔭 Long-term
- Achieve net-zero emissions by 2050.
🌱 ESG Focus Areas
Corporate GovernanceValue Creation and SolvencyEthics and IntegrityClimate Change and Environmental RisksSustainable Finance and InvestmentDiversity, Inclusion and EqualityQuality employment and talent managementSocial commitment and Human Rights