Public Profile

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.

10

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.

13

Industry Benchmark

ČSOB Group's score of 10 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

ČSOB Group's reported carbon emissions

In 2023, ČSOB Group reported total carbon emissions of approximately 24,485,000 kg CO2e. This figure includes 980,000 kg CO2e from Scope 1 emissions, 381,000 kg CO2e from Scope 2 emissions, and a significant 23,124,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, the total emissions were about 80,465,000 kg CO2e, with Scope 1 at 1,342,000 kg CO2e, Scope 2 at 647,000 kg CO2e, and Scope 3 at 78,477,000 kg CO2e. This indicates a notable reduction in total emissions from 2022 to 2023. Despite these reductions, ČSOB Group has not publicly disclosed specific reduction targets or initiatives aimed at further decreasing their carbon footprint. The absence of defined climate pledges or SBTi (Science Based Targets initiative) commitments suggests that while the company is actively monitoring its emissions, it may not yet have formalised long-term climate strategies. Overall, ČSOB Group's emissions data reflects a significant focus on understanding and managing their carbon impact, particularly in Scope 3, which constitutes the majority of their emissions.

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20222023
Scope 1
1,342,000
000,000
Scope 2
647,000
000,000
Scope 3
78,477,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. ČSOB Group's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. ČSOB Group 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.

ČSOB Group 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers