ČSOB Group Sustainability Profile
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 90% 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 reported a total carbon emissions figure of approximately 0 kg CO2e, with no specific data available for Scope 1, Scope 2, or Scope 3 emissions. The emissions data is cascaded from its parent company, KBC Bank NV, indicating a corporate family relationship that influences its sustainability reporting. Despite the absence of specific emissions data, ČSOB Group is part of a broader commitment to climate action through initiatives led by KBC Bank NV. However, there are currently no disclosed reduction targets or climate pledges specific to ČSOB Group. The lack of detailed emissions reporting suggests a need for enhanced transparency and accountability in their climate commitments. As a current subsidiary of Ceskoslovenská obchodní banka, a. s., ČSOB Group's climate strategies may align with those of its parent organisation, which is actively engaged in sustainability efforts. Further information on their climate initiatives can be found in their sustainability reports.
How Carbon Intensive is ČSOB Group's Industry?
How Carbon Intensive is ČSOB Group's Location?
ČSOB Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
ČSOB Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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