Erste
Erste Group Bank AG, commonly referred to as Erste, is a leading financial services provider headquartered in Vienna, Austria (AT). Established in 1819, Erste has evolved into a prominent player in the Central and Eastern European banking sector, with a strong presence in countries such as the Czech Republic, Slovakia, Hungary, and Romania. The bank offers a comprehensive range of services, including retail banking, corporate banking, and investment solutions, distinguished by its commitment to customer-centricity and innovation. Erste's focus on sustainable finance and digital transformation has positioned it as a market leader, earning accolades for its robust financial performance and social responsibility initiatives. With a rich history and a forward-thinking approach, Erste continues to shape the future of banking in the region.
DitchCarbon Score
How does Erste'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
Erste's score of 50 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Erste's reported carbon emissions
In 2023, Erste Group reported total carbon emissions of approximately 85,594,000 kg CO2e globally, with specific emissions of 18,701,000 kg CO2e from Scope 1 and 13,153,000 kg CO2e from Scope 2. The Scope 3 emissions accounted for about 53,740,000 kg CO2e. In Austria, Erste's emissions totalled around 24,685,000 kg CO2e, comprising 4,887,000 kg CO2e from Scope 1 and 2,142,000 kg CO2e from Scope 2, while Scope 3 emissions reached approximately 17,656,000 kg CO2e. Despite the significant emissions figures, Erste Group has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. As the financial sector increasingly prioritises sustainability, Erste Group's future climate strategies will be crucial in aligning with industry standards and expectations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 25,733,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 46,421,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 |
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.
Erste 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.
