Erste Bank a.d., Novi Sad Sustainability Profile
Erste Bank a.d., Novi Sad, is a prominent financial institution headquartered in Serbia, specifically in the city of Novi Sad. Established in 2005, it has rapidly evolved within the banking sector, serving as a key player in the region's financial landscape. The bank primarily operates in retail and corporate banking, offering a diverse range of services including loans, savings accounts, and investment products tailored to meet the needs of both individual and business clients. With a strong commitment to customer service and innovative financial solutions, Erste Bank has distinguished itself through its user-friendly digital banking platforms and personalised financial advice. As part of the Erste Group, one of Central and Eastern Europe’s leading financial services providers, Erste Bank a.d. has achieved significant market presence and recognition, contributing to the economic development of its operational regions.
DitchCarbon Score
How does Erste Bank a.d., Novi Sad'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 Bank a.d., Novi Sad's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Erste Bank a.d., Novi Sad's reported carbon emissions
In 2018, Erste Bank a.d., Novi Sad reported total carbon emissions of approximately 2,842,000 kg CO2e, comprising 591,000 kg CO2e from Scope 1 and 2,252,000 kg CO2e from Scope 2 emissions. This data indicates a significant carbon footprint, primarily driven by energy consumption in operations. Comparatively, in 2017, the bank's emissions were about 3,128,000 kg CO2e, with Scope 1 emissions at 383,000 kg CO2e and Scope 2 emissions at 2,745,000 kg CO2e. This reflects a slight reduction in total emissions year-on-year. Erste Bank a.d., Novi Sad has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of Scope 3 emissions data suggests a focus on direct and indirect operational emissions, but no comprehensive strategy appears to be in place for broader climate commitments. Overall, while Erste Bank a.d., Novi Sad has made strides in tracking its emissions, further transparency regarding reduction targets and climate strategies would enhance its commitment to sustainability.
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| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Scope 1 | - | - | 000,000 |
| Scope 2 | - | - | 0,000,000 |
| Scope 3 | - | - | - |
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Erste Bank a.d., Novi Sad'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.
Erste Bank a.d., Novi Sad 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.
