Bank Pekao S.A., commonly referred to as Pekao, is a prominent financial institution headquartered in Warsaw, Poland. Established in 1929, it has evolved into a key player in the financial intermediation services sector, specifically focusing on services excluding insurance and pension funding. With a strong presence across major Polish cities, Bank Pekao offers a diverse range of products, including retail banking, corporate banking, and investment services.
Renowned for its innovative digital banking solutions, Pekao stands out in the market with its commitment to customer-centric services and advanced technology. The bank has achieved significant milestones, including being one of the largest banks in Poland by assets, and it continues to strengthen its position through strategic initiatives and a robust service portfolio.
-10 vs industry average
Bank Pekao’s score of 27 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bank Pekao's reported carbon emissions
Bank Pekao, headquartered in Poland and operating in financial intermediation services, is committed to addressing its climate impact.
For the reporting year 2023, Bank Pekao reported a total of approximately 45.1 million kg CO2e in Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions amounted to about 8.1 million kg CO2e, with stationary combustion accounting for the majority. Scope 2 emissions totalled approximately 36.3 million kg CO2e, primarily from purchased electricity. The bank also disclosed Scope 3 emissions for employee commutes, though specific figures are not provided for this category in 2023.
In 2022, total Scope 1 and 2 emissions were approximately 45.1 million kg CO2e, with Scope 1 emissions at about 8.8 million kg CO2e and Scope 2 emissions at around 36.3 million kg CO2e.
For 2021, the bank's combined Scope 1 and 2 emissions were approximately 72.3 million kg CO2e. Scope 1 emissions stood at about 8.1 million kg CO2e, while Scope 2 emissions were around 64.2 million kg CO2e.
In 2020, Scope 1 emissions were approximately 6.8 million kg CO2e, and Scope 2 emissions (market-based) were about 59.0 million kg CO2e.
Bank Pekao does not have specific reduction targets documented in the provided information. However, the bank is actively reporting its carbon footprint, indicating an engagement with understanding and managing its environmental performance within the financial sector. Missing data points, such as for Scope 3 purchased goods and services, suggest areas for further disclosure and potential future focus.
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Bank Pekao’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Bank Pekao yet.
Scope 3 top emissions categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Bank Pekao
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