CIBANK EAD, a prominent financial institution headquartered in Bulgaria (BG), has been a key player in the banking sector since its establishment in 1996. With a strong presence across major operational regions in Bulgaria, CIBANK offers a comprehensive range of banking services tailored to meet the needs of both individual and corporate clients. Specialising in retail banking, corporate finance, and investment services, CIBANK distinguishes itself through innovative financial solutions and a customer-centric approach. The bank has achieved notable milestones, including recognition for its robust financial performance and commitment to sustainable banking practices. As a trusted partner in the Bulgarian financial landscape, CIBANK continues to enhance its market position by delivering unique products and services that cater to the evolving demands of its clientele.
How does CIBANK EAD'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.
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.
CIBANK EAD's score of 36 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
CIBANK EAD, headquartered in Bulgaria (BG), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are inherited from its parent company, KBC Group NV, through a merged entity relationship. While CIBANK EAD does not have its own documented reduction targets or specific climate pledges, it aligns with the broader sustainability goals set by KBC Group NV. This includes initiatives related to the Science Based Targets initiative (SBTi) and other climate-related frameworks, although specific targets from these initiatives have not been detailed for CIBANK EAD. As part of the KBC Group, CIBANK EAD is expected to contribute to the group's overall climate strategy, which focuses on reducing carbon emissions and enhancing sustainability practices across its operations. However, without specific emissions data or reduction targets, the bank's individual impact on climate commitments remains unclear.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 76,054,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 61,662,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 33,019,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
CIBANK EAD 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.