Alpha Bank, officially known as Alpha Bank S.A., is a prominent financial institution headquartered in Greece (GR). Established in 1879, it has evolved into one of the leading banks in the country, with a significant presence in Southeast Europe. The bank operates primarily in the banking and financial services industry, offering a diverse range of products including retail banking, corporate banking, and investment services. Alpha Bank is renowned for its innovative digital banking solutions and customer-centric approach, which set it apart in a competitive market. With a strong focus on sustainability and corporate responsibility, the bank has achieved notable milestones, including recognition for its robust financial performance and commitment to community development. As a key player in the Greek banking sector, Alpha Bank continues to enhance its market position through strategic initiatives and a comprehensive suite of financial services.
How does Alpha 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.
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.
Alpha Bank's score of 25 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2017, Alpha Bank reported total emissions of approximately 44,988,000 kg CO2e, comprising 900,000 kg CO2e from Scope 1 and about 43,988,000 kg CO2e from Scope 2 emissions related to purchased electricity. The bank has not disclosed any Scope 3 emissions for that year, indicating a focus primarily on direct and indirect emissions from energy consumption. In previous years, Alpha Bank's emissions were as follows: in 2016, total emissions were about 54,852,000 kg CO2e, with Scope 1 emissions at approximately 698,000 kg CO2e and Scope 2 emissions at about 53,754,000 kg CO2e. The trend shows a reduction in total emissions from 58,158,000 kg CO2e in 2015 and 54,909,000 kg CO2e in 2014. Despite these figures, Alpha Bank has not set specific reduction targets or made climate pledges, which may limit its ability to demonstrate a proactive approach to climate commitments. The absence of defined reduction initiatives suggests a need for enhanced strategies to address carbon emissions effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2014 | 2015 | 2016 | 2017 | |
---|---|---|---|---|
Scope 1 | - | - | 000,000 | 000,000 |
Scope 2 | 53,871,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | 000,000 |
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.
Alpha Bank is not committed to any reduction initiatives 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.