Erste

Erste, an Austrian financial intermediation services company, reported total carbon emissions of approximately 48.89 billion kg CO2e in 2025. This includes about 14.87 million kg CO2e from Scope 1, 9.33 million kg CO2e from Scope 2 (market-based), and approximately 48.86 billion kg CO2e from Scope 3 emissions. A significant portion of the Scope 3 emissions, about 47.09 billion kg CO2e, originated from investments.

Looking back, in 2024, Erste's total emissions were approximately 42.36 billion kg CO2e, comprising about 16.80 million kg CO2e from Scope 1, 9.21 million kg CO2e from Scope 2 (market-based), and approximately 42.33 billion kg CO2e from Scope 3.

Erste has set ambitious climate commitments. The company aims for net-zero Scope 1 and Scope 2 emissions by 2050, with a coal phase-out targeted by 2030 at the latest. More near-term, Erste intends to reduce its operational Scope 1 and Scope 2 emissions by 80% from 2017 levels by 2030. Interim goals include a 55% reduction by 2023 and a 60% reduction by 2025 against the same 2017 baseline. The company also aims to achieve climate neutrality in its own operations (Scope 1, 2, and 3) by the end of 2023. Additionally, an absolute target aims to reduce Scope 1 and Scope 2 emissions by 30% by 2030 compared to 2019 levels.