- Rise in interest rates making it harder for customers to pay installments and increasing early repayments.
- Heavy competition for credit due to market liquidity.
- Regulatory uncertainty regarding socially responsible investment.
- Lack of data on CO2 emissions from many business customers.
- Difficulty in accurately measuring scope 3 emissions.
Caja Rural de Navarra S. Coop. de Crédito
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Caja Rural de Navarra S. Coop. de Crédito disclosed greenhouse gas emissions of 1.6K tCO2e (scopes 1 2 and 3). By scope: Scope 1: 39.23 tCO2e; Scope 2: 0.00 tCO2e; Scope 3: 1.6K tCO2e. 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
1.6K tCO2e (scopes 1 2 and 3)
2023
Renewable Energy
100% of total energy use
of total energy
Water Usage
6.6K m3
2023
Energy Use
4.3M KWh
2023
📊 Emissions by Scope (2023)
| 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). | 39.23 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 0.00 tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.6K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.6K tCO2e (scopes 1 2 and 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- All electricity used in 2023 was supplied from renewable sources.
- Continued reduction in paper and toner consumption.
- Implementation of energy efficiency measures in branches (air conditioning, lighting, signage).
- Supported 73.53 hectares of forestation and cleaned 349.14 hectares under the Forestry Plan.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 5% reduction in carbon footprint intensity by 2024 (CRN and subsidiaries)
- 2% annual reduction in emissions from travel to/from work (CRN)
- Revision of materiality analysis in Q4 2024.
📅 Medium-term
- 20% reduction in carbon intensity between 2021 and 2025 (CRN)
- 5% reduction in carbon intensity between 2022 and 2025 (subsidiaries).
🔭 Long-term
- Achieve climate neutrality by 2050.
🌱 ESG Focus Areas
Profitability, solvency and risk managementEthics, integrity and good governanceStrategyResponsible and transparent marketingMission, vision and values of the BankDigitizationTransparency and responsible communicationsCustomer services departmentContribution to economic growth and developmentPersonal developmentMarketing channelsRange of products and servicesEquality, diversity and work-life balanceSocial actionResponsible purchasingSustainability strategySupport for environmental protection initiativesSustainable financesReducing the environmental footprint