The Most Environmentally Friendly Banks In The World

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Bloomberg Markets magazine has just released its annual ranking of the world’s greenest banks.

And no, they’re not talking about money this time.

Bloomberg Markets’ ranking tallies how much banks are investing and lending to support clean energy and how they’re managing their own power consumption and carbon footprints. 

The report, which ranked 48 banks in 19 countries, provides overall rankings as well as rankings in terms of clean-energy investments as well as reducing environmental impact.

This year, Bank of America placed No. 2 in the overall rankings compared with No. 34 last year because its big bet on solar energy, the report said. 

European banks lead the ranking list with 13 of the world’s greenest banks.  Three U.S. banks have the top spots in the list.

Sumitomo Mitsui Financial Group

2011 Overall Rank: 20

2010 Overall Rank: 33

Country: Japan

Clean-Energy Investments: 16

Reducing Environmental Impact: 33

Source: Bloomberg Markets

UBS

2011 Overall Rank: 19

2010 Overall Rank: 19

Country: Switzerland

Clean-Energy Investments: 25

Reducing Environmental Impact: 8

Source: Bloomberg Markets

Goldman Sachs

2011 Overall Rank: 18

2010 Overall Rank: 2

Country: United States

Clean-Energy Investments: 9

Reducing Environmental Impact: 39

Source: Bloomberg Markets

Banco Bilbao Vizcaya Argentaria

2011 Overall Rank: 17

2010 Overall Rank: 6

Country: Spain

Clean-Energy Investments: 19

Reducing Environmental Impact: 23

Source: Bloomberg Markets

Mizuho Financial Group

2011 Overall Rank: 16

2010 Overall Rank: 40

Country: Japan

Clean-Energy Investments: 17

Reducing Environmental Impact: 20

Source: Bloomberg Markets

Deutsche Bank

2011 Overall Rank: 15

2010 Overall Rank: 13

Country: Germany

Clean-Energy Investments: 14

Reducing Environmental Impact: 26

Source: Bloomberg Markets

National Australia Bank

2011 Overall Rank: 14

2010 Overall Rank: 21

Country: Australia

Clean-Energy Investments: 21

Reducing Environmental Impact: 11

Source: Bloomberg Markets

DNB

2011 Overall Rank: 13

2010 Overall Rank: 38

Country: Norway

Clean-Energy Investments: 10

Reducing Environmental Impact: 20

Source: Bloomberg Markets

Royal Bank of Scotland

2011 Overall Rank: 12

2010 Overall Rank: 7

Country: United Kingdom

Clean-Energy Investments: 15

Reducing Environmental Impact: 13

Source: Bloomberg Markets

UniCredit

2011 Overall Rank: 11

2010 Overall Rank: 3

Country: Italy

Clean-Energy Investments: 13

Reducing Environmental Impact: 10

Source: Bloomberg Markets

Barclays

2011 Overall Rank: 10

2010 Overall Rank: 24

Country: United Kingdom

Clean-Energy Investments: 4

Reducing Environmental Impact: 37

Source: Bloomberg Markets

BNP Paribas

2011 Overall Rank: 9

2010 Overall Rank: 10

Country: France

Clean-Energy Investments: 11

Reducing Environmental Impact: 15

Source: Bloomberg Markets

SocGen

2011 Overall Rank: 8

2010 Overall Rank: 8

Country: France

Clean-Energy Investments: 6

Reducing Environmental Impact: 16

Source: Bloomberg Markets

HSBC

2011 Overall Rank: 7

2010 Overall Rank: 9

Country: U.K.

Clean-Energy Investments: 8

Reducing Environmental Impact: 5

Source: Bloomberg Markets

Mitsubishi

2011 Overall Rank: 6

2010 Overall Rank: 15

Country: Japan

Clean-Energy Investments: 2

Reducing Environmental Impact: 27

Source: Bloomberg Markets

Lloyds Banking Group

2011 Overall Rank: 5

2010 Overall Rank: 18

Country: United Kingdom

Clean-Energy Investments: 5

Reducing Environmental Impact: 6

Source: Bloomberg Markets

Citigroup

2011 Overall Rank: 4

2010 Overall Rank: 5

Country: United States

Clean-Energy Investments: 7

Reducing Environmental Impact: 3

Source: Bloomberg Markets

Intesa Sanpaolo

2011 Overall Rank: 3

2010 Overall Rank: 20

Country: Italy

Clean-Energy Investments: 12

Reducing Environmental Impact: 1

Source: Bloomberg Markets

Bank of America

2011 Overall Rank: 2

2010 Overall Rank: 34

Country: United States

Clean-Energy Investments: 3

Reducing Environmental Impact: 17

Source: Bloomberg Markets

Banco Santander

2011 Overall Rank: 1

2010 Overall Rank: 1

Country: Spain

Clean-Energy Investments: 1

Reducing Environmental Impact: 9

Source: Bloomberg Markets

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