BAWAG Sustainability Profile
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 69% 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 2024, BAWAG reported total carbon emissions of approximately 176,343 kg CO2e, comprising 23,970 kg CO2e from Scope 1, 4,598 kg CO2e from Scope 2, and 147,775 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their environmental impact, with emissions data sourced directly from BAWAG Group AG. For the previous year, 2023, BAWAG's emissions were approximately 215,145 kg CO2e, with Scope 1 emissions at 25,189 kg CO2e, Scope 2 at 5,674 kg CO2e, and Scope 3 at 184,282 kg CO2e. This indicates a slight increase in total emissions compared to 2024. BAWAG has set ambitious near-term targets to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. These targets demonstrate the organisation's commitment to achieving significant reductions in its direct and indirect emissions, aligning with industry standards for climate action. Overall, BAWAG's emissions data and reduction initiatives reflect a proactive approach to addressing climate change, with a focus on transparency and accountability in their environmental performance.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 739,000 | 000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000 | 0,000 |
| Scope 3 | 519,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
How Carbon Intensive is BAWAG's Industry?
How Carbon Intensive is BAWAG's Location?
BAWAG's Scope 3 Categories Breakdown
BAWAG's Scope 3 emissions, which decreased by 36% last year and decreased by approximately 65% since 2015, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 12% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
BAWAG'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.
BAWAG 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.
