The Bank of Greece, often referred to as BoG, serves as the central bank of the Hellenic Republic, headquartered in Athens, Greece (GR). Established in 1927, it plays a pivotal role in the country's financial landscape, overseeing monetary policy, financial stability, and the regulation of the banking sector. As a key player in the European Union's financial system, the Bank of Greece is instrumental in implementing the Eurozone's monetary policy and ensuring the smooth functioning of payment systems. Its core services include currency issuance, management of foreign reserves, and supervision of credit institutions, all aimed at fostering economic stability and growth. With a commitment to transparency and innovation, the Bank of Greece has achieved notable milestones, including its integration into the European System of Central Banks. Its strategic initiatives and robust regulatory framework position it as a trusted authority in the banking industry.
How does Bank of Greece'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.
Bank of Greece's score of 0 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Bank of Greece reported a WACI (Weighted Average Carbon Intensity) of approximately 0.154 kg CO2e per EUR million of revenue. This figure reflects a continued commitment to reducing carbon emissions, as evidenced by a decrease from about 0.159 kg CO2e in 2022 and 0.21197 kg CO2e in 2021. The bank's emissions data does not specify absolute emissions figures or disclose specific scopes (Scope 1, 2, or 3), indicating a lack of detailed emissions reporting. Despite the absence of formal reduction targets or climate pledges, the Bank of Greece's decreasing WACI suggests a proactive approach to minimising its carbon footprint in alignment with broader climate commitments. The bank's focus on improving its carbon intensity metrics demonstrates an awareness of the importance of sustainability in the financial sector.
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 of Greece 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.