Public Profile

Ceska Sporitelna

Česká spořitelna, a leading financial institution in the Czech Republic, was founded in 1825 and has since established itself as a cornerstone of the banking industry. Headquartered in Prague, the bank operates extensively across the Czech Republic, providing a wide range of financial services to both individual and corporate clients. As a prominent player in the banking sector, Česká spořitelna offers unique products such as personal and business accounts, loans, and investment services, all designed to meet the diverse needs of its customers. The bank is renowned for its commitment to innovation and customer service, positioning itself as a trusted partner in financial management. With a strong market presence and a history of significant milestones, Česká spořitelna continues to be a key contributor to the Czech economy, recognised for its stability and reliability in the financial landscape.

DitchCarbon Score

How does Ceska Sporitelna'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.

26

Industry Average

Mean score of companies in the Business Services 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.

25

Industry Benchmark

Ceska Sporitelna's score of 26 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

Ceska Sporitelna's reported carbon emissions

In 2023, Česká Spořitelna reported total carbon emissions of approximately 5,422,936,000 kg CO2e. This figure includes 2,100,000 kg CO2e from Scope 1 emissions, 15,025,000 kg CO2e from Scope 2 emissions, and a significant 5,405,811,000 kg CO2e from Scope 3 emissions, which primarily stem from investments. Over the years, the bank has demonstrated a commitment to reducing its carbon footprint. For instance, in 2022, total emissions were about 4,544,069,000 kg CO2e, indicating an increase in emissions in 2023. However, the bank has not set specific reduction targets or initiatives as part of its climate commitments, which may limit its ability to effectively manage and reduce its overall emissions. The emissions data shows a trend of decreasing Scope 1 and Scope 2 emissions over the years, with Scope 1 emissions dropping from 2,199,000 kg CO2e in 2021 to 2,100,000 kg CO2e in 2023, and Scope 2 emissions decreasing from 7,289,000 kg CO2e in 2021 to 15,025,000 kg CO2e in 2023. However, the substantial Scope 3 emissions highlight the need for a more comprehensive approach to sustainability. Overall, while Česká Spořitelna has made strides in tracking its emissions, the absence of defined reduction targets may hinder its long-term climate strategy.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2011201220132014201520162017201820192020202120222023
Scope 1
11,759,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
40,187,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-
-
-
-
-
-
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ceska Sporitelna's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ceska Sporitelna is headquartered in CZ, which has a rank of very high, indicating very high grid carbon 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.

Ceska Sporitelna 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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