Aktia Bank
Aktia Bank Plc, commonly referred to as Aktia, is a prominent Finnish financial institution headquartered in Helsinki, Finland. Established in 1825, Aktia has evolved into a key player in the Nordic banking sector, primarily serving customers in Finland and Sweden. The bank operates within the financial services industry, focusing on retail banking, asset management, and insurance solutions. Aktia is renowned for its comprehensive range of products, including personal banking services, investment solutions, and corporate financing. Its commitment to customer-centric services and innovative digital banking solutions sets it apart in a competitive market. With a strong emphasis on sustainability and responsible banking, Aktia has garnered recognition for its efforts in promoting environmentally friendly practices. As a trusted financial partner, Aktia continues to strengthen its market position, serving both individual and corporate clients with dedication and expertise.
DitchCarbon Score
How does Aktia Bank'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 Insurance Services 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
Aktia Bank's score of 33 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aktia Bank's reported carbon emissions
In 2023, Aktia Bank reported significant carbon emissions, with Scope 2 emissions totalling approximately 297,000 kg CO2e (market-based) and 443,000 kg CO2e (location-based). The bank's Scope 3 emissions were notably high, reaching about 216,474,000 kg CO2e, primarily driven by investments (approximately 215,842,000 kg CO2e) and employee commuting (about 289,000 kg CO2e). Comparatively, in 2022, Aktia's Scope 2 emissions were around 220,000 kg CO2e (market-based) and 425,000 kg CO2e (location-based), while Scope 3 emissions were approximately 161,632,000 kg CO2e. This indicates a substantial increase in emissions across both scopes, particularly in Scope 3, which reflects the bank's extensive investment activities. Aktia Bank has committed to achieving net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitments. The bank's near-term targets are classified as "Committed," indicating a proactive approach to reducing its carbon footprint. Overall, Aktia Bank's emissions data highlights the challenges faced by financial institutions in managing their carbon impact, particularly through investment portfolios and operational activities. The bank's long-term climate commitments reflect a growing recognition of the need for sustainable practices within the financial sector.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - | - |
| Scope 2 | 991,200 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 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.
Aktia Bank is participating in some 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.
