Komercni Banka
Komercni Banka, a prominent financial institution in the Czech Republic, is headquartered in Prague. Founded in 1990, it has established itself as a key player in the banking industry, offering a wide range of services including retail banking, corporate banking, and investment solutions. With a strong presence across major regions in the Czech Republic, Komercni Banka is known for its innovative products such as personal loans, mortgages, and comprehensive investment services. The bank has achieved significant milestones, including its listing on the Prague Stock Exchange, which underscores its market position and stability. Komercni Banka prides itself on its customer-centric approach, leveraging advanced technology to enhance user experience. As a subsidiary of the Société Générale Group, it benefits from international expertise while maintaining a strong local focus, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Komercni Banka'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.
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.
Industry Benchmark
Komercni Banka's score of 65 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Komercni Banka's reported carbon emissions
In 2024, Komercni Banka reported total carbon emissions of approximately 3,229,782,800 kg CO2e, with emissions distributed across all three scopes: 1, 2, and 3. Specifically, Scope 1 emissions were about 1,892,000 kg CO2e, while Scope 2 emissions (market-based) totalled approximately 2,537,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 3,227,000,000 kg CO2e, primarily from investments. Comparatively, in 2023, the bank's total emissions were approximately 14,454,749 kg CO2e, reflecting a significant reduction of over 60% from the base year of 2019. This reduction is part of Komercni Banka's commitment to achieving a 50% reduction in both Scope 1 and Scope 2 emissions by 2025, relative to 2019 levels. As a founding member of the UNEP-FI Net-Zero Banking Alliance, Komercni Banka has pledged to align its portfolios with carbon neutrality trajectories by 2050, aiming to limit global warming to 1.5 degrees Celsius. Additionally, the bank has set a target to reduce its exposure to clients involved in coal mining or coal energy in EU and OECD countries by 2030. The emissions data for Komercni Banka is cascaded from its parent company, Société Générale Société anonyme, reflecting the bank's commitment to sustainability and climate action within the financial sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,852,754 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 00,000,000 | - | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | - | 000,000 | - | 00,000,000 | 0,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Komercni Banka is not participating in any 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.
