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Public Profile
Financial Intermediation
ES
updated 15 days ago

Grupo Cooperativo Cajamar

Company website

Grupo Cooperativo Cajamar, headquartered in Spain, is a leading cooperative banking group that has been serving its members since its establishment in 2000. With a strong presence in key regions such as Andalusia, Valencia, and Murcia, Cajamar focuses on providing a range of financial services tailored to the agricultural and rural sectors, as well as small and medium-sized enterprises (SMEs). The cooperative is renowned for its commitment to sustainable development and social responsibility, offering unique products such as agricultural financing, savings accounts, and investment services. Notable achievements include its recognition as one of the top cooperative banks in Spain, reflecting its robust market position and dedication to customer-centric solutions. Cajamar continues to innovate within the financial industry, ensuring that it meets the evolving needs of its diverse clientele.

DitchCarbon Score

How does Grupo Cooperativo Cajamar'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.

31

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.

27

Industry Benchmark

Grupo Cooperativo Cajamar's score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

57%

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Grupo Cooperativo Cajamar's reported carbon emissions

In 2023, Grupo Cooperativo Cajamar reported no specific carbon emissions data. However, in 2016, the organisation disclosed total emissions of approximately 1,883,000 kg CO2e, which included 883,000 kg CO2e from Scope 1 emissions and 1,201,000 kg CO2e from Scope 3 emissions, primarily from business travel and employee commuting. There is no Scope 2 emissions data available. Grupo Cooperativo Cajamar has committed to achieving net-zero emissions by 2050, with targets set through the Science Based Targets initiative (SBTi). The organisation is classified as a financial institution and is a member of the BA1.5 initiative, indicating its commitment to limiting global warming to 1.5 degrees Celsius. The deadline for submitting specific reduction targets was September 2023, and the organisation is currently in the process of developing these targets. Overall, while specific emissions data for recent years is lacking, Grupo Cooperativo Cajamar is actively working towards significant climate commitments and aims to align its operations with global climate goals.

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2016
Scope 1
883,000
Scope 2
-
Scope 3
1,201,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Grupo Cooperativo Cajamar's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Grupo Cooperativo Cajamar is in ES, which has a low grid carbon intensity relative to other regions.

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.

Grupo Cooperativo Cajamar is participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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