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 22 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BAWAG's reported carbon emissions
In 2023, BAWAG reported total carbon emissions of approximately 2,624,000 kg CO2e. This figure includes 1,331,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 2,881,000 kg CO2e from Scope 2 emissions, with a significant portion attributed to purchased electricity. Scope 3 emissions, specifically from business travel, accounted for about 284,000 kg CO2e. Over the years, BAWAG has demonstrated a commitment to reducing its carbon footprint. From 2022 to 2023, the company achieved a reduction in total emissions from approximately 2,768,000 kg CO2e to 2,624,000 kg CO2e. This trend reflects a broader effort to lower emissions across all scopes, although specific reduction targets or initiatives have not been disclosed. In previous years, BAWAG's emissions were significantly higher, with total emissions reaching about 9,083,000 kg CO2e in 2017 and peaking at approximately 10,063,000 kg CO2e in 2018. The company has made strides in reducing its emissions, particularly in Scope 1 and Scope 2 categories, indicating a proactive approach to climate commitments. While BAWAG has not specified any formal reduction targets or climate pledges, the ongoing decrease in emissions suggests a commitment to sustainability and environmental responsibility. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 | 0,000,000 | 0,000,000 |
| 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 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.
