Bank Handlowy
Bank Handlowy w Warszawie S.A., commonly known as Bank Handlowy, is a prominent financial institution headquartered in Warsaw, Poland. Established in 1870, it has a rich history marked by significant milestones, including its acquisition by Citigroup in 2000, which enhanced its global reach and operational capabilities. Operating primarily in the banking and financial services industry, Bank Handlowy offers a diverse range of products, including retail banking, corporate banking, and investment services. Its unique approach combines innovative digital solutions with personalised customer service, setting it apart in a competitive market. With a strong presence in major Polish cities, Bank Handlowy is recognised for its stability and expertise, making it a trusted partner for individuals and businesses alike. Its commitment to excellence has solidified its position as a leading player in the Polish banking sector.
DitchCarbon Score
How does Bank Handlowy'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
Bank Handlowy's score of 22 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bank Handlowy's reported carbon emissions
In 2022, Bank Handlowy w Warszawie S.A. reported total carbon emissions of approximately 12,489,000 kg CO2e. This figure includes Scope 1 emissions of about 650,000 kg CO2e, Scope 2 emissions of approximately 5,922,000 kg CO2e, and Scope 3 emissions of around 5,917,000 kg CO2e. The bank's emissions data reflects a commitment to transparency and accountability in its environmental impact. Notably, the total emissions for 2021 were about 11,942,000 kg CO2e, indicating a slight increase in emissions year-on-year. The bank has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges, which suggests a need for further commitment to climate action. As a current subsidiary of Citigroup Inc., Bank Handlowy’s climate initiatives may be influenced by the broader corporate strategies of its parent company. However, specific reduction initiatives or targets have not been disclosed, indicating potential areas for improvement in their sustainability strategy. Overall, while Bank Handlowy has made strides in reporting its emissions, the absence of defined reduction targets highlights an opportunity for enhanced climate commitments moving forward.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 1,952,000 | 0,000,000 | 000,000 |
| Scope 2 | 16,428,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 5,614,000 | 0,000,000 | 0,000,000 |
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.
Bank Handlowy 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.
