A new carbon footprint verification service from CaixaBank enables customers to verify their Scope 1, 2, and 3 carbon emissions across different sectors.
CaixaBank has introduced a new verification tool for companies that have measured their carbon footprint earlier with the bank’s CO2 calculator, which launched in 2024 to offer a standardised method for estimating and properly reporting emissions.
The service, created in collaboration with AENOR, supports all types of business clients, from SMEs to large corporations, in their sustainability efforts. It allows the firms to assess and confirm their carbon footprint after completing the calculation with CaixaBank’s proprietary tool. The new carbon footprint verification service offers an officially recognised certification that helps businesses meet upcoming environmental rules and reporting requirements.
With this service, companies can check their direct and energy-related emissions (Scope 1 and 2) in various industries like agriculture, waste management, oil and gas, services, and some manufacturing sectors. They can also choose to measure indirect emissions (Scope 3), which include those from their supply chain, business travel, and waste disposal.
This new verification service is an important part of CaixaBank’s plan to help businesses become more sustainable. It gives companies useful information and guidance to reduce their environmental impact. The new initiative expands CaixaBank’s emissions measurement solution for corporate clients by enhancing its CO2 calculator, available on the bank’s official website and proprietary app, with a carbon footprint verification service in partnership with AENOR. This addition allows businesses to not only measure but also verify their emissions, ensuring greater accuracy and credibility in their sustainability reporting.
With this additional service, CaixaBank helps its clients use energy more efficiently, better understand the carbon footprint to offset, and move toward lowering their carbon emissions in a fast and seamless manner. The verification process is tailored to each company’s sector and business activities, following the globally recognised GHG Protocol standard. It ensures precise validation of Scope 1 (direct emissions) and Scope 2 (indirect emissions from purchased energy) across industries such as agriculture, waste management, oil and gas, services, and manufacturing.
Companies also have the option to voluntarily verify Scope 3 emissions, which include indirect emissions from their supply chain, business travel, and waste management. Since Scope 3 emissions often make up a significant portion of a company’s total carbon footprint, verifying them can provide deeper insights into environmental impact and help businesses set more effective sustainability goals.
In addition to the CO2 calculator, which offers comparative actionable insights and recommends potential business improvements, helping businesses to make informed decisions about reducing emissions, CaixaBank also provides its business clients with information and expert guidance through a dedicated team of professionals across all its regional Corporate Banking divisions. These specialists will assist both large businesses and SMEs in reducing their carbon footprint with the help of financial solutions designed for sustainable investments and projects.
CaixaBank is strongly committed to creating a positive impact on society and the economy. As part of its 2025–2027 Sustainability Plan, the bank plans to provide €100 billion in sustainable financing to support renewable energy, clean transport, and energy-efficient buildings. It also aims to help businesses and households transition to sustainability while promoting financial inclusion, education, and employment.
To achieve its goals, the bank often leverages innovative technology. Thus, in 2023, Caixa launched an eco-awareness initiative in a metaverse environment. Customers visiting CaixaBank centres in Ibiza, Burgos, Valencia, Barcelona and Madrid could take a virtual tour in the metaverse, passing a series of challenges in different natural environments, designed to raise environmental awareness.
