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.
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.
Industry Benchmark
Ceska Sporitelna's score of 28 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ceska Sporitelna's reported carbon emissions
In 2023, Česká Spořitelna reported total carbon emissions of approximately 5,405,811,000 kg CO2e, with emissions distributed across all three scopes. Specifically, Scope 1 emissions were about 2,100,000 kg CO2e, while Scope 2 emissions totalled approximately 15,025,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 5,405,811,000 kg CO2e, primarily driven by investments at approximately 5,402,350,000 kg CO2e. Comparatively, in 2022, the bank's emissions were slightly lower, with Scope 1 at about 2,392,000 kg CO2e, Scope 2 at approximately 13,920,000 kg CO2e, and Scope 3 at around 4,527,757,000 kg CO2e. This indicates a significant reliance on Scope 3 emissions, which are often the most challenging to manage and reduce. Despite the substantial emissions figures, Česká Spořitelna has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions data is cascaded from its parent company, Erste Group Bank AG, reflecting the broader corporate family’s environmental impact. As a current subsidiary of Česká Spořitelna, the bank's emissions data and climate commitments are aligned with the initiatives and strategies of its parent organisation, although specific targets from the Science Based Targets initiative (SBTi) have not been established. This context highlights the importance of corporate responsibility in addressing climate change within the financial sector.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
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.
Ceska Sporitelna 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.
