ČSOB Group
ČSOB Group, officially known as Československá obchodní banka, a.s., is a leading financial institution headquartered in the Czech Republic (CZ). Established in 1964, ČSOB has evolved into a prominent player in the banking and financial services industry, serving clients across Central and Eastern Europe. With a diverse portfolio that includes retail banking, corporate banking, insurance, and asset management, ČSOB distinguishes itself through innovative solutions tailored to meet the needs of its customers. The bank's commitment to digital transformation and customer-centric services has solidified its market position, making it one of the most trusted financial partners in the region. Notable achievements include a strong presence in both the Czech and Slovak markets, reflecting its robust operational capabilities and dedication to excellence in service delivery.
DitchCarbon Score
How does ČSOB Group'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
ČSOB Group's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ČSOB Group's reported carbon emissions
In 2021, ČSOB Group, headquartered in the Czech Republic (CZ), reported its carbon emissions data through its parent company, Ceskoslovenská obchodní banka, a. s. However, specific emissions figures for Scope 1, 2, and 3 were not disclosed. The available data includes various emission factors related to different sectors, such as transport (0.16 kg CO2e/km), metals (1600 kg CO2e/tonne of steel), and building industries (800 kg CO2e/tonne of cement). Despite the lack of specific emissions data, ČSOB Group is part of a corporate family that cascades sustainability initiatives from KBC Bank NV, which is at a higher cascade level. Notably, there are no stated reduction targets or climate pledges from ČSOB Group, indicating a potential area for future commitment. Overall, while the group has not yet established specific reduction targets, its involvement in broader corporate sustainability initiatives suggests a commitment to addressing climate change within its operational framework.
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.
ČSOB Group 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.
