BAWAG
BAWAG Group, officially known as BAWAG P.S.K., is a prominent financial institution headquartered in Vienna, Austria (AT). Established in 1922, BAWAG has evolved into a key player in the banking industry, primarily serving customers in Austria and Central and Eastern Europe. The bank offers a diverse range of services, including retail banking, corporate banking, and asset management, distinguished by its customer-centric approach and innovative digital solutions. With a strong market position, BAWAG has achieved significant milestones, including its successful IPO in 2017, which underscored its robust financial health and growth potential. The bank is recognised for its commitment to transparency and efficiency, making it a trusted choice for individuals and businesses alike. BAWAG's unique blend of traditional banking values and modern technology sets it apart in a competitive landscape.
DitchCarbon Score
How does BAWAG'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
BAWAG's score of 50 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BAWAG's reported carbon emissions
In 2023, BAWAG Group AG reported total carbon emissions of approximately 2,624,000 kg CO2e. This figure includes 1,331,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 3,151 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, Scope 3 emissions totalled 182,000 kg CO2e, primarily from business travel. Comparatively, in 2022, BAWAG's total emissions were about 2,768,000 kg CO2e, indicating a reduction of approximately 144,000 kg CO2e year-on-year. The breakdown for 2022 shows 1,504,000 kg CO2e from Scope 1, 2,881 kg CO2e from Scope 2, and 284,000 kg CO2e from Scope 3. BAWAG has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This initiative reflects the company's commitment to achieving significant reductions in its carbon footprint in the near term. Overall, BAWAG's emissions data demonstrates a proactive approach to climate action, with clear targets for reducing its environmental impact while maintaining transparency in its reporting practices.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 580,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 6,205,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000 | 0,000 |
| Scope 3 | 697,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 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.
BAWAG 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.
