Bank Pekao Sustainability Profile
Bank Pekao S.A., commonly referred to as Pekao, is a prominent financial institution headquartered in Poland (PL). Established in 1929, the bank has a rich history and has evolved into one of the largest banks in the country, with a strong presence in major urban regions. Operating primarily in the banking and financial services industry, Bank Pekao 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 commitment to sustainability and community development, Bank Pekao has achieved notable milestones, including recognition for its robust financial performance and customer satisfaction. As a key player in the Polish banking sector, it continues to shape the financial landscape with its comprehensive offerings and strategic initiatives.
DitchCarbon Score
How does Bank Pekao'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 Pekao's score of 26 is lower than 61% 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 Pekao's reported carbon emissions
In 2023, Bank Pekao reported total carbon emissions of approximately 45,128,000 kg CO2e, comprising 8,121,000 kg CO2e from Scope 1 emissions, 36,332,000 kg CO2e from Scope 2 emissions, and 547,000 kg CO2e from Scope 3 emissions related to employee commuting. This represents a slight decrease from 2022, where total emissions were about 45,129,000 kg CO2e, with Scope 1 emissions at 8,797,000 kg CO2e and Scope 2 emissions remaining consistent at 36,332,000 kg CO2e. The bank's emissions data is sourced directly from Bank Polska Kasa Opieki S.A. and does not indicate any cascading from a parent or related organization. Notably, there are currently no specific reduction targets or climate pledges documented, which suggests that while the bank is actively monitoring its emissions, it has yet to establish formal commitments to reduce its carbon footprint. Overall, Bank Pekao's emissions profile highlights the importance of addressing both direct and indirect emissions as part of its climate strategy, particularly in the context of the financial sector's growing focus on sustainability and environmental responsibility.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 6,798,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 59,026,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000 |
How Carbon Intensive is Bank Pekao's Industry?
How Carbon Intensive is Bank Pekao's Location?
Bank Pekao's Scope 3 Categories Breakdown
Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Employee Commuting" representing nearly all of their reported Scope 3 footprint.
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Bank Pekao's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bank Pekao has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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