Case Study / 15 Aug 2011

Banco Popular

Trucost supported Banco Popular in implementing a framework to measure carbon, waste and water impacts across the group.

Banco Popular is the fifth largest banking group in Spain in terms of assets and client deposits. The corporate strategy of Banco Popular rests on the pillars of profitability, solvency and efficiency. These strengths are aligned with a business model focused on customers that allows Banco Popular to remain one step ahead of its Spanish and European competitors.

Trucost undertook a detailed environmental review of Banco Popular’s global offices and branches at a site and country level. Sites answered a series of questions to evaluate the impacts of its activities on the environment, concentrating on greenhouse gas emissions, water use and waste generated. With this environmental footprint in hand, Banco Popular is now empowered to better manage, control and reduce future environmental exposure.

“Working with Trucost enabled us to implement a consistent measurement framework to measure carbon, waste and water impacts across the group”.

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