Caixa Geral de Depósitos
Sorry, we don't know enough about Caixa Geral de Depósitos yet.
Caixa has a negligible amount of fossil fuel financing but has a large amount of electric vehicle and energy efficiency financing. It has measured emissions enabled by its lending, set reduction targets and is offering "green" products to retail customers.
How Bank.Green rates institutions
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The bank's exclusion policy is weak and leaves many loopholes. We would like to see the bank update the policy to ensure it leaves no room for financing of fossil fuel expansion. We are also concerned that the bank's commitment to set a science-based target with the Science-Based Targets Initiative has been removed.
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